At the last check on Thursday, ASML Holding N.V.’s (NASDAQ:ASML) stock was down -$1.52, moving down -0.26 percent to $588.36. The average number of shares traded per day over the past five days has been 1,284,963 shares. 1 time new highs have been achieved over the past 5 days, with a -$33.36 fall in that time frame. In the last twenty days, the average volume was 1,028,131, while in the previous 50 days, it was 1,084,082.
Since last month, ASML stock retreated -11.86%. Shares of the company fell to $583.71 on 09/21/23, the lowest level in the past month. A 52-week high of $771.98 was reached on 07/14/23 after having rallying from a 52-week low of $363.15. Since the beginning of this year, ASML’s stock price has risen by 7.68% or $42.14, and marked a new high 21 times. However, the stock has declined by -23.79% since its 52-week high.
Valuation Metrics
Right now, ASML Holding N.V. (ASML) has a P/E ratio of about 29.41. The stock’s beta is 1.45. Besides these, the trailing price-to-sales (P/S) ratio of 9.02, the price-to-book (PB) ratio of 20.53, and the price-to-cash flow ratio of 39.94 may also be considered.
The latest dividend of $1.6281 per share was paid out, which is 28.5% more than last year’s $1.2670. On Wednesday July 19 2023, a $0.3611 dividend increase was announced.
Financial Health
In the three months ended June 29, ASML Holding N.V.’s quick ratio stood at 0.90, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.43, and the total debt-to-equity ratio was 0.43. On the profitability front, the trailing twelve-month gross margin is 51.30% percent. In the year ended June 29, EBITDA margin amounted to 33.73%, whereas operating margins totaled 33.00%. Based on annual data, ASML earned $11.27 billion in gross profit and brought in $22.31 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 42.30%. Return on equity (ROE) for the past 12 months was 79.80%.
In ASML Holding N.V.’s quarter-end financial report for June 29, it reported total debt of $3.94 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ASML’s revenue rose 12.1% during the quarter, while net income inched up to $23.71 billion. While analysts expected ASML Holding N.V. to report $4.84 quarterly earnings, the actual figure was $5.26 per share, beating the consensus estimate by 8.70%. During the quarter, the company generated $2.66 billion in EBITDA. The liabilities of ASML Holding N.V. were 28.59 billion at the end of its most recent quarter ended June 29, and its total debt was $5.59 billion.
Technical Picture
This quick technical analysis looks at ASML Holding N.V.’s (ASML) price momentum. With a historical volatility rate of 20.48%, the RSI 9-day stood at 19.63% on 20 September.
With respect to its five-day moving average, the current ASML Holding N.V. price is down by -5.36% percent or -$33.36. At present, ASML shares trade -13.08% below its 20-day simple moving average and -7.59% percent below its 100-day simple moving average. However, the stock is currently trading approximately -18.81% below its SMA50 and -2.83% below its SMA200.
Stochastic coefficient K was 4.71% and Stochastic coefficient D was 6.15%, while ATR was 13.48. Given the Stochastic reading of 5.32% for the 14-day period, the RSI (14) reading has been calculated as 26.22%. As of today, the MACD Oscillator reading stands at -15.05, while the 14-day reading stands at -31.40.
Analyst Ratings
Wolfe Research launched its rating on ASML Holding N.V. (NASDAQ: ASML) to an Outperform in a note to investors on September 15, 2023. ASML Holding N.V. (ASML) has been rated Overweight by analysts. According to 2 brokerage firms, ASML is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate ASML Holding N.V. stock as buy, with 23 recommending it as overweight.
With a median target price of $778.50, the current consensus forecast for the stock is $492.40 – $850.00. Based on these forecasts, analysts predict ASML Holding N.V. (ASML) will achieve an average price target of $724.43.
