Wall Street analysts forecast that ASML Holding NV (NASDAQ:ASML) will post $1.60 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for ASML’s earnings. The lowest EPS estimate is $1.59 and the highest is $1.60. ASML reported earnings of $1.86 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 14%. The business is scheduled to report its next quarterly earnings report on Wednesday, October 16th.

On average, analysts expect that ASML will report full-year earnings of $6.80 per share for the current fiscal year, with EPS estimates ranging from $6.22 to $7.27. For the next fiscal year, analysts anticipate that the firm will post earnings of $9.55 per share, with EPS estimates ranging from $9.15 to $9.90. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow ASML.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, July 17th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.18. ASML had a net margin of 23.08% and a return on equity of 21.30%. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same period in the prior year, the firm earned $1.37 EPS.

Several equities research analysts recently weighed in on ASML shares. BidaskClub raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Wednesday, July 24th. New Street Research downgraded shares of ASML from a “buy” rating to a “neutral” rating in a research note on Thursday, July 18th. Societe Generale started coverage on shares of ASML in a research note on Monday, July 8th. They set a “buy” rating on the stock. Santander downgraded shares of ASML from a “buy” rating to a “hold” rating in a research note on Monday, July 15th. Finally, ValuEngine raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $204.80.

Several large investors have recently made changes to their positions in ASML. Next Capital Management LLC acquired a new position in shares of ASML in the 2nd quarter valued at $32,000. Liberty Wealth Management LLC boosted its holdings in shares of ASML by 461.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 174 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 143 shares in the last quarter. Destination Wealth Management boosted its holdings in shares of ASML by 1,066.7% in the 1st quarter. Destination Wealth Management now owns 175 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 160 shares in the last quarter. Manchester Financial Inc. acquired a new position in shares of ASML in the 2nd quarter valued at $42,000. Finally, Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of ASML by 115.0% in the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 215 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 115 shares in the last quarter. 16.97% of the stock is currently owned by institutional investors.

ASML traded down $1.77 during trading hours on Thursday, hitting $215.26. 357,759 shares of the company’s stock were exchanged, compared to its average volume of 677,636. ASML has a 12-month low of $144.50 and a 12-month high of $234.50. The firm has a 50 day moving average of $217.55 and a 200 day moving average of $199.83. The firm has a market cap of $90.66 billion, a P/E ratio of 29.98, a price-to-earnings-growth ratio of 2.21 and a beta of 1.22. The company has a current ratio of 2.68, a quick ratio of 1.62 and a debt-to-equity ratio of 0.27.

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 Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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