Coverage Initiated by Piper Sandler for ASML Stock Forecast, Price & News (NASDAQ:ASML)

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Stock analysts at Piper Sandler initiated coverage on shares of  ASML Stock Forecast, Price & News (NASDAQ:ASML) in a report issued on Thursday. The brokerage set a Overweight rating on the Computer and Technology stock. A price-to-earnings ratio of 58.44 and a beta of 1.11. ASML Stock Forecast, Price & News has a twelve month low $357.38 of  and a twelve month high of $895.93.

Shares of ASML Stock Forecast, Price & News traded up $33.87 on Thursday, reaching $778.29. 3040 shares of the stock traded hands, compared to its average volume of 1032334. Shares of ASML Stock Forecast, Price & News were trading at $778.29 on Thursday. The firm’s 50 day moving average is $$806.78 and its 200 day moving average is $670.17.ASML Stock Forecast, Price & News  has a 12 month low of $765.68 and a 12 month high of $895.93. While on yearly highs and lows, ASML Stock Forecast, Price & News’s today has traded high as $778.64 and has touched $765.68 on the downward trend. See More Analyst Rating at: RATING

ASML Stock Forecast, Price & News Earnings and What to expect: 

ASML last posted its quarterly earnings results on July 20th, 2021. The semiconductor company reported $3.04 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.11. The firm earned $4.02 billion during the quarter, compared to the consensus estimate of $4.12 billion. Its quarterly revenue was up 20.9% on a year-over-year basis. ASML has generated $9.69 earnings per share over the last year ($13.71 diluted earnings per share) and currently has a price-to-earnings ratio of 56.8. Earnings for ASML are expected to grow by 24.13% in the coming year, from $16.04 to $19.91 per share. ASML has confirmed that its next quarterly earnings report will be published on Wednesday, October 20th, 2021.

Earnings for ASML are expected to grow by 24.13% in the coming year, from $16.04 to $19.91 per share. The P/E ratio of ASML is 56.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.13. The P/E ratio of ASML is 56.77, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.70. ASML has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued. ASML has a P/B Ratio of 20.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

ASML Stock Forecast, Price & News (NASDAQ:ASML) Moving Average Technical Analysis

5 day Moving Average is $739.98 And 5 day price change is $31.47 (4.21%)  with average volume for 5 day average is 1,030,780. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $782.33 and 20 day price change is -$109.02 (-12.29%) and average 20 day moving volume is 1,190,605. 50 day moving average is $806.78  and 50 day price change is -$17.19 ( -2.16%)  and with average volume for 50 days is : 850,864. 200 day moving average is $670.17  and 200 day price change is $294.28 (60.80%)  and with average volume for 200 days is : 868,739.

Other owners latest trading in Tronox :

  • On 10/14/2021 shares held by Ritholtz Wealth Management were 3,587 which equates to market value of $2.67M and appx 0.20% owners of Tronox
  • On 10/14/2021 shares held by Optas LLC were 646 which equates to market value of $0.48M and appx 0.10% owners of Tronox
  • On 10/14/2021 shares held by Clear Creek Financial Management LLC were 427 which equates to market value of $0.32M and appx 0.10% owners of Tronox
  • In total Institutional ownership equates to Institutional Ownership Percentage: 18.18% for Tronox

See More Analyst Rating at: RATING