While ASML Holding NV has overperformed by 1.14%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ASML rose by 48.99%, with highs and lows ranging from $1056.34 to $563.99, whereas the simple moving average jumped by 19.52% in the last 200 days.
On April 16, 2024, Evercore ISI started tracking ASML Holding NV (NASDAQ: ASML) recommending Outperform. A report published by HSBC Securities on February 22, 2024, Initiated its previous ‘Buy’ rating for ASML. Bernstein January 22, 2024d its ‘Mkt Perform’ rating to ‘Outperform’ for ASML, as published in its report on January 22, 2024. Raymond James also rated the stock as ‘Strong Buy’.
Analysis of ASML Holding NV (ASML)
Investors in ASML Holding NV will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $6.54 per share. Further, the quarter-over-quarter decrease in sales is -20.68%, showing a negative trend in the upcoming months.
One of the most important indicators of ASML Holding NV’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 60.35% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.88, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ASML is recording 1.19M average volume. On a monthly basis, the volatility of the stock is set at 2.94%, whereas on a weekly basis, it is put at 3.78%, with a gain of 1.52% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1078.70, showing growth from the present price of $902.51, which can serve as yet another indication of whether ASML is worth investing in or should be passed over.
How Do You Analyze ASML Holding NV Shares?
The Semiconductor Equipment & Materials market is dominated by ASML Holding NV (ASML) based in the Netherlands. When comparing ASML Holding NV shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 46.14, there is a growth in quarterly earnings of -36.53%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.05%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 18.67% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ASML shares are owned by institutional investors to the tune of 18.67% at present.
