Zacks: Analysts Anticipate ASML Holding (ASML) Will Announce Earnings of $1.38 Per Share

Analysts expect ASML Holding (NASDAQ:ASML) to report earnings per share of $1.38 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for ASML’s earnings, with estimates ranging from $1.34 to $1.41. ASML reported earnings per share of $1.12 during the same quarter last year, which would suggest a positive year over year growth rate of 23.2%. The company is expected to report its next earnings results before the market opens on Wednesday, April 18th.

On average, analysts expect that ASML will report full-year earnings of $7.31 per share for the current financial year, with EPS estimates ranging from $6.75 to $8.83. For the next year, analysts expect that the company will post earnings of $9.08 per share, with EPS estimates ranging from $8.57 to $10.16. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for ASML.

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ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 17th. The semiconductor company reported $1.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.52. ASML had a net margin of 24.28% and a return on equity of 21.16%. The company had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.15 billion. During the same period in the prior year, the company posted $1.23 earnings per share. ASML’s revenue for the quarter was up 34.3% compared to the same quarter last year.

ASML has been the subject of several recent analyst reports. Credit Suisse Group upgraded shares of ASML from a “neutral” rating to an “outperform” rating in a research report on Monday, January 15th. B. Riley reiterated a “hold” rating and set a $166.00 price objective on shares of ASML in a research report on Tuesday, January 16th. Zacks Investment Research cut shares of ASML from a “hold” rating to a “sell” rating in a research report on Wednesday, December 20th. BidaskClub cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Finally, Santander cut shares of ASML from a “buy” rating to a “hold” rating in a research report on Monday, March 19th. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $196.29.

Shares of ASML traded up $4.95 during trading hours on Thursday, hitting $211.65. 666,073 shares of the stock were exchanged, compared to its average volume of 1,027,684. ASML has a fifty-two week low of $126.03 and a fifty-two week high of $216.00. The company has a quick ratio of 1.81, a current ratio of 2.70 and a debt-to-equity ratio of 0.28. The stock has a market cap of $87,893.37, a PE ratio of 37.36, a price-to-earnings-growth ratio of 1.51 and a beta of 1.17.

The business also recently declared an annual dividend, which will be paid on Wednesday, May 9th. Shareholders of record on Monday, April 30th will be issued a $1.7181 dividend. This represents a yield of 0.84%. This is a boost from ASML’s previous annual dividend of $0.71. The ex-dividend date is Friday, April 27th. ASML’s dividend payout ratio (DPR) is presently 19.93%.

ASML announced that its board has approved a share repurchase program on Wednesday, January 17th that authorizes the company to repurchase shares. This repurchase authorization authorizes the semiconductor company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

A number of large investors have recently bought and sold shares of ASML. New York State Common Retirement Fund grew its holdings in ASML by 5.3% in the third quarter. New York State Common Retirement Fund now owns 61,222 shares of the semiconductor company’s stock worth $10,481,000 after purchasing an additional 3,075 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of ASML by 5.7% during the third quarter. Ameriprise Financial Inc. now owns 73,571 shares of the semiconductor company’s stock valued at $12,595,000 after buying an additional 3,965 shares during the last quarter. TD Asset Management Inc. acquired a new position in shares of ASML during the third quarter valued at about $1,163,000. Legal & General Group Plc acquired a new position in shares of ASML during the third quarter valued at about $283,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of ASML by 46.5% during the third quarter. Dimensional Fund Advisors LP now owns 183,682 shares of the semiconductor company’s stock valued at $31,446,000 after buying an additional 58,325 shares during the last quarter. Institutional investors and hedge funds own 16.90% of the company’s stock.

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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 three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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