Q4 2018 EPS Estimates for ASML Holding Raised by Analyst (ASML)

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.

A number of other brokerages have also recently weighed in on ASML. Credit Suisse Group upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, January 15th. B. Riley restated a “hold” rating and issued a $166.00 price objective on shares of ASML in a report on Tuesday, January 16th. Zacks Investment Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 20th. BidaskClub cut shares of ASML from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Royal Bank of Canada upped their price objective on shares of ASML to $210.00 and gave the stock a “sector perform” rating in a report on Thursday, January 18th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $197.43.

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.

COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another website, it was stolen and republished in violation of international copyright and trademark laws. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3373506/q4-2018-eps-estimates-for-asml-holding-raised-by-analyst-asml.html.

About ASML

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.

Earnings History and Estimates for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Energy Transfer Partners  Earning Somewhat Positive Press Coverage, Accern Reports
Energy Transfer Partners Earning Somewhat Positive Press Coverage, Accern Reports
Zacks: Middlefield Banc  Given Consensus Recommendation of “Strong Buy” by Brokerages
Zacks: Middlefield Banc Given Consensus Recommendation of “Strong Buy” by Brokerages
Starwood Property Trust  Given Consensus Recommendation of “Buy” by Brokerages
Starwood Property Trust Given Consensus Recommendation of “Buy” by Brokerages
Dai  Achieves Market Capitalization of $36.36 Million
Dai Achieves Market Capitalization of $36.36 Million
Tattoocoin   Achieves Market Cap of $476,659.00
Tattoocoin Achieves Market Cap of $476,659.00
EMCORE Co.  Given Average Rating of “Hold” by Brokerages
EMCORE Co. Given Average Rating of “Hold” by Brokerages


© 2006-2018 Ticker Report. Google+.