ASML Holding NV (ADR) (ASML) Can’t Be More Hot. Just Reaches All-Time High

October 13, 2017 - By Maria Brooks

The stock of ASML Holding NV (ADR) (NASDAQ:ASML) reached all time high today, Oct, 13 and still has $188.64 target or 7.00 % above today’s $176.30 share price. This indicates more upside for the $75.38 billion company. This technical setup was reported by Barchart.com. If the $188.64 PT is reached, the company will be worth $5.28B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.55% or $2.69 during the last trading session, reaching $176.3. About 807,561 shares traded. ASML Holding NV (ADR) (NASDAQ:ASML) has risen 44.52% since October 13, 2016 and is uptrending. It has outperformed by 27.82% the S&P500.

Analysts expect ASML Holding NV (ADR) (NASDAQ:ASML) to report $1.25 EPS on October, 18 before the open.They anticipate $0.21 EPS change or 20.19 % from last quarter’s $1.04 EPS. ASML’s profit would be $534.46 million giving it 35.26 P/E if the $1.25 EPS is correct. After having $1.08 EPS previously, ASML Holding NV (ADR)’s analysts see 15.74 % EPS growth.

ASML Holding NV (ADR) (NASDAQ:ASML) Ratings Coverage

Among 16 analysts covering ASML Holding NV (NASDAQ:ASML), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. ASML Holding NV had 30 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets initiated the stock with “Sector Perform” rating in Thursday, March 17 report. Credit Suisse maintained the shares of ASML in report on Thursday, April 21 with “Neutral” rating. As per Thursday, July 21, the company rating was downgraded by UBS. The firm has “Hold” rating given on Thursday, August 31 by RBC Capital Markets. The stock has “Neutral” rating by Citigroup on Thursday, January 19. The rating was downgraded by BNP Paribas on Thursday, March 31 to “Underperform”. RBC Capital Markets maintained ASML Holding NV (ADR) (NASDAQ:ASML) on Thursday, October 15 with “Underperform” rating. As per Thursday, July 20, the company rating was maintained by Bank of America. Susquehanna upgraded the shares of ASML in report on Monday, September 18 to “Positive” rating. On Friday, January 22 the stock rating was upgraded by Deutsche Bank to “Hold”.

ASML Holding N.V. is a holding company. The company has market cap of $75.38 billion. The Firm is a maker of chip-making equipment. It has a 34.87 P/E ratio. The Firm is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.