rts logo

ASML Holding NV (ASML) – Don’t Be So Quick to Call it Dead

ASML Holding NV (NASDAQ: ASML) is -10.53% lower on its value in year-to-date trading and has touched a low of $633.53 and a high of $1110.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASML stock was last observed hovering at around $661.43 in the last trading session, with the day’s gains setting it 15.78%.

Currently trading at $677.21, the stock is -5.01% and -12.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing 2.39% at the moment leaves the stock -25.20% off its SMA200. ASML registered 6.43% gain for a year compared to 6-month loss of -25.87%. The firm has a 50-day simple moving average (SMA 50) of $780.159 and a 200-day simple moving average (SMA200) of $906.17004.

The stock witnessed a -19.94% gain in the last 1 month and extending the period to 3 months gives it a -21.30%, and is 0.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.72% over the week and 3.07% over the month.

ASML Holding NV (ASML) has around 42416 employees, a market worth around $266.43B and $28.45B in sales. Current P/E ratio is 35.49 and Fwd P/E is 25.83. Profit margin for the company is 26.40%. Distance from 52-week low is 6.89% and -39.00% from its 52-week high. The company has generated returns on investments over the last 12 months (32.29%).

The EPS is expected to shrink by -4.71% this year

The shares outstanding are 393.42M, and float is at 393.15M with Short Float at 0.30%.

The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 6.76 million shares valued at $6.91 billion. The investor’s holdings represent 1.7186 of the ASML Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 5.9 million shares valued at $6.03 billion to account for 1.4996 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 4.15 million shares representing 1.0548 and valued at over $4.24 billion, while CAPITAL INTERNATIONAL INVESTORS holds 0.8943 of the shares totaling 3.52 million with a market value of $3.6 billion.

Related Posts