ASML (NASDAQ:ASML) posted its earnings results on Wednesday. The semiconductor company reported $1.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.18, Morningstar.com reports. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.57 billion. ASML had a net margin of 23.08% and a return on equity of 21.31%. During the same period in the prior year, the business posted $1.37 earnings per share. ASML updated its Q3 2019 guidance to EPS.

ASML traded down $2.65 during midday trading on Friday, reaching $224.00. 20,794 shares of the company’s stock were exchanged, compared to its average volume of 574,160. The company has a market cap of $91.70 billion, a price-to-earnings ratio of 31.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.21. The company has a quick ratio of 1.87, a current ratio of 2.78 and a debt-to-equity ratio of 0.26. ASML has a one year low of $144.50 and a one year high of $226.99. The company’s 50-day moving average is $201.91.

ASML has been the topic of a number of recent research reports. New Street Research downgraded ASML from a “buy” rating to a “neutral” rating in a research report on Thursday. Royal Bank of Canada lifted their target price on Johnson Service Group from GBX 180 ($2.35) to GBX 190 ($2.48) and gave the stock an “outperform” rating in a research report on Tuesday. Santander raised Loma Negra Compania Indl Argentina from an “underperform” rating to a “hold” rating in a research report on Monday. Goldman Sachs Group set a GBX 4,300 ($56.19) target price on ASOS and gave the stock a “buy” rating in a research report on Monday, April 15th. Finally, BidaskClub raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, July 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $206.50.

Institutional investors and hedge funds have recently made changes to their positions in the business. Destination Wealth Management lifted its stake in ASML by 1,066.7% during the first quarter. Destination Wealth Management now owns 175 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 160 shares during the period. Thomas J. Herzfeld Advisors Inc. raised its stake in shares of ASML by 115.0% in the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 215 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 115 shares during the last quarter. JNBA Financial Advisors bought a new position in shares of ASML in the first quarter valued at approximately $53,000. Financial Gravity Wealth Inc. bought a new position in shares of ASML in the first quarter valued at approximately $63,000. Finally, NEXT Financial Group Inc raised its stake in shares of ASML by 109.7% in the second quarter. NEXT Financial Group Inc now owns 541 shares of the semiconductor company’s stock valued at $112,000 after acquiring an additional 283 shares during the last quarter. Hedge funds and other institutional investors own 16.80% of the company’s stock.

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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Earnings History for ASML (NASDAQ:ASML)

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