ASML (NASDAQ:ASML) Releases Quarterly Earnings Results, Beats Expectations By $0.84 EPS


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ASML (NASDAQ:ASML) posted its earnings results on Tuesday. The semiconductor company reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84, MarketWatch Earnings reports. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.03 billion. ASML had a net margin of 24.30% and a return on equity of 25.91%. ASML’s revenue for the quarter was up 78.8% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share.

ASML traded down $8.40 on Thursday, reaching $647.09. 1,231,965 shares of the company traded hands, compared to its average volume of 1,001,813. The company has a market cap of $271.66 billion, a P/E ratio of 72.38, a price-to-earnings-growth ratio of 2.25 and a beta of 1.06. The company has a quick ratio of 1.99, a current ratio of 2.92 and a debt-to-equity ratio of 0.34. ASML has a one year low of $275.96 and a one year high of $665.87. The firm has a fifty day simple moving average of $591.10 and a two-hundred day simple moving average of $504.57.

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, May 12th. Stockholders of record on Tuesday, May 4th will be issued a $1.8864 dividend. The ex-dividend date of this dividend is Monday, May 3rd. This is a boost from ASML’s previous semi-annual dividend of $1.41. This represents a dividend yield of 0.4%. ASML’s dividend payout ratio is presently 34.40%.

Several equities analysts have commented on the stock. Barclays reissued an “overweight” rating on shares of ASML in a research note on Wednesday, April 14th. Royal Bank of Canada boosted their price objective on ASML from $540.00 to $610.00 and gave the stock an “outperform” rating in a research note on Thursday, January 21st. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, January 29th. Grupo Santander downgraded ASML from a “hold” rating to an “underweight” rating in a research report on Monday. Finally, Zacks Investment Research upgraded shares of ASML from a “hold” rating to a “buy” rating and set a $707.00 price objective on the stock in a research report on Thursday, April 15th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. ASML has an average rating of “Buy” and an average target price of $605.80.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.

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Earnings History for ASML (NASDAQ:ASML)

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