ASML (ASML) Expected to Announce Quarterly Earnings on Wednesday

ASML (NASDAQ:ASML) is expected to be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect ASML to post earnings of $7.67 per share and revenue of $9,840,793.34 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

ASML Stock Performance

NASDAQ ASML opened at $732.25 on Monday. The firm has a market capitalization of $288.08 billion, a P/E ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47. The stock has a 50-day simple moving average of $714.70 and a two-hundred day simple moving average of $786.18. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

Analyst Upgrades and Downgrades

ASML has been the subject of several recent research reports. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. BNP Paribas initiated coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 target price for the company. Sanford C. Bernstein lowered their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Finally, Susquehanna lowered their target price on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $946.60.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.