The stock of ASML Holding N.V. (NASDAQ:ASML) decreased by -$16.03 on Friday to finish at $661.78, down -2.36 percent. The last five days have seen an average of 763,040 shares of common stock traded. 21 times new highs were reached in the current year, with a gain of $115.38. The average number of shares traded over the last 20 days was 1,191,260, while the average volume over the last 50 days totaled 1,044,936.
ASML stock dropped -11.85% since last month. On 08/11/23, the company’s shares reached a one-month low of $661.27. The stock touched a high of $771.98 on 07/14/23, after rallying from a low of $363.15 in 52 weeks. The price of ASML stock has risen by 21.12% or $115.38 this year, reaching a new high 21 times. Still, the stock price is down -14.27% from the 52-week high.
Valuation Metrics
ASML Holding N.V. (ASML) has a trailing price-to-earnings (P/E) ratio of 32.06. Beta for the stock is 1.44. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 9.73, the price-to-book (PB) ratio of 22.38, and the price-to-cash flow ratio of 42.66.
Company paid $1.6281 per share in dividends, an increase of 28.5% from $1.2670 last year. A $0.3611 dividend increase was reported on Wednesday July 19 2023.
Financial Health
For the three months ended June 29, ASML Holding N.V.’s quick ratio was 0.90, while its current ratio was 1.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.43, and the total debt to equity ratio is 0.43. As far as profitability goes, gross margin for the trailing twelve months is 51.30% percent. ASML Holding N.V.’s operating margin stood at 33.00% for the same period. Based on annual data, it had gross profit of $11.27 billion and revenue of $22.31 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ASML’s return on assets (ROA) during the last 12 months has been 21.00%. There was a 42.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 79.80%.
Earnings Surprise
According to ASML Holding N.V.’s quarterly financial report for the quarter that ended June 29, it had $3.94 billion in total debt versus $120.62 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $23.71 billion, while revenues rose by 12.1% to $0.0. It was predicted that ASML Holding N.V.’s quarterly earnings would be $5.4, but it ended up being $4.98, beating the consensus by 8.40%. EBITDA was $2.66 billion for the quarter. At the end of ASML Holding N.V.’s most recent quarter ended June 29, its liabilities totaled 28.59 billion, while its total debt was $5.59 billion.
Technical Picture
Here’s a quick look at ASML Holding N.V.’s (ASML) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 34.22%, suggesting the stock is Neutral, with a 25.27% historical volatility rate.
The stochastic %K and %D were 6.26% and 11.58% respectively, while the average true range (ATR) was 18.17. Based on the 14-day stochastic reading of 0.83%, the RSI (14) reading is 38.33%. On the 9-day MACD Oscillator, the stock is at -11.05, and the 14-day reading is at -18.61.
Analyst Ratings
ASML Holding N.V. (NASDAQ: ASML) was downgraded by Bernstein to a a Mkt perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned ASML Holding N.V. (ASML) an Overweight rating. ASML is a stock that is recommended for selling by 1 brokerage firm, while 10 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 22 others recommend it as a buy.
What is ASML’s price target for the next 12 months?
The current consensus forecast for the stock is between $492.40 and $874.00, with a median target price of $785.00. In analyzing these forecasts, the average price target given by analysts for ASML Holding N.V. (ASML) is $757.63.
