ASML Holding (NASDAQ:ASML) – Equities research analysts at KeyCorp increased their Q4 2018 earnings per share estimates for shares of ASML in a research report issued to clients and investors on Wednesday, April 18th. KeyCorp analyst W. Twigg now forecasts that the semiconductor company will earn $2.02 per share for the quarter, up from their prior estimate of $1.96. KeyCorp also issued estimates for ASML’s Q1 2019 earnings at $1.99 EPS, Q2 2019 earnings at $2.18 EPS, Q3 2019 earnings at $2.29 EPS, Q4 2019 earnings at $2.30 EPS and FY2019 earnings at $8.77 EPS.
ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, April 18th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.17. ASML had a net margin of 24.30% and a return on equity of 22.33%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. During the same period in the prior year, the firm earned $1.23 earnings per share. ASML’s revenue was up 17.5% on a year-over-year basis.
ASML stock opened at $195.10 on Friday. ASML has a 1 year low of $126.03 and a 1 year high of $216.00. The stock has a market capitalization of $88,179.73, a P/E ratio of 35.03, a P/E/G ratio of 1.51 and a beta of 1.17. The company has a quick ratio of 1.81, a current ratio of 2.70 and a debt-to-equity ratio of 0.28.
Several large investors have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of ASML during the fourth quarter valued at approximately $238,000. KCM Investment Advisors LLC purchased a new stake in shares of ASML during the fourth quarter valued at approximately $400,000. Envestnet Asset Management Inc. grew its holdings in shares of ASML by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,239 shares of the semiconductor company’s stock valued at $2,475,000 after buying an additional 523 shares during the last quarter. Delek Group Ltd. purchased a new stake in shares of ASML during the fourth quarter valued at approximately $111,000. Finally, We Are One Seven LLC purchased a new stake in shares of ASML during the fourth quarter valued at approximately $117,000. Hedge funds and other institutional investors own 16.90% of the company’s stock.
ASML announced that its board has approved a share buyback plan on Wednesday, January 17th that permits the company to buyback outstanding shares. This buyback authorization permits the semiconductor company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.
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ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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