Why ASML Holding N.V. (NASDAQ:ASML) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $108.95 on ASML Holding N.V. (NASDAQ:ASML) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.61 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of ASML Holding N.V. (NASDAQ:ASML) stands at 32.14. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For ASML Holding N.V., the PEG ratio for coming 3-5 years is 1.42. Technical Analysis The technical analysis highlights that ASML Holding N.V. current price is trading $10.26 points away +10.30% from $99.62, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $95.27 and, for now, the stock price is trading $14.61 or +15.33% away from that point. The 52-week high of ASML Holding N.V. (NASDAQ:ASML) was $110.08 while lowest point recorded in 52-week was $77.17. It implies if stock price makes a movement of over $-0.20, it will record a new 52-week high. In the case of $+42.39% points drop, it will touch a new 52-week low.

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