ASML Holding N.V. (NASDAQ:ASML) does about 1.23M shares in volume on a normal day but saw 1779124 shares change hands in Monday trading. The company now has a market cap of 267.71B USD. Its current market price is $676.03, marking an increase of 4.19% compared to the previous close of $648.85. The 52 week high reached by this stock is $721.20 whilst the lowest price level in 52 weeks is $363.15. The script in recent trading has seen the stock touch a high of $676.28 and a low of $656.85.
ASML Holding N.V. (ASML) has a 20-day trading average at $601.64 and the current price is -6.26% off the 52-week high compared with 86.16% distance from its 52-week low. The 50-day simple moving average of the closing price is $593.61 and its 200-day simple moving average is $532.18. If we look at the stock’s price movements over the week, volatility stands at 3.14%, which decreases to 2.83% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.25 to suggest the stock is neutral.
32 analysts observing the ASML Holding N.V. (ASML) stock have set the 12-month price targets for the company’s shares at between $665.00 and $850.00. The consensus objective for the share price is $689.39, suggesting that the stock has a potential upside of 1.94% over the period. The median price target is 10.46% away from the current levels at $755.00.
FactSet Research has provided data showing that 32 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 1 advise that it is a overweight. 26 analysts have rated it as a buy and 4 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
Susquehanna upgraded the stock to “Positive” from Neutral on November 14, 2022 at a price target of $510-$850.
The current price level is 13.26%, 14.55%, and 27.07% away from its SMA20, SMA50, and SMA200 respectively, with the ASML price moving above the 50-day SMA on January 23. ASML Holding N.V. (ASML) stock is up 2.48% over the week and 20.04% over the past month. Its price is 23.72% year-to-date and -4.31% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2022, with the company’s earnings per share (EPS) of $4.32 above consensus estimates by $0.31. The company’s next earnings report is expected on 04/19/2023, with forecasts estimating quarterly EPS at $4.45 and $14.51 for whole year. ASML’s earnings per share are forecast to shrink by -14.40% this year and 37.10% over next year. Expected sales for next quarter are $6.85 billion, which analysts say will come at $22.11 billion for the current fiscal year and next year at $27.09 billion. In addition, estimates put the company’s current quarterly revenue at an average of $6.5 billion.
Its 12-month price target is $755.00. To reach the target analysts have set, the stock logically needs to grow 1.94 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $665.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $850.00.
Outstanding shares total 399.42M with insiders holding 0.00% of the shares and institutional holders owning 19.85% of the company’s common stock. The company has a return on investment of 38.90% and return on equity of 64.60%. The price to earnings ratio (P/E ratio) amounts to 44.79 while the forward price to earnings ratio is 33.99. The beta has a value of 1.42. Price to book ratio is 31.10 and price to sales ratio is 12.53.
American Balanced Fund isn’t the only investment manager who changed stakes and is followed by Washington Mutual Investors Fund, which added 0.37 million shares to end up with 2,506,579 shares worth $1.37 billion.