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


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $108.77 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 $3.57 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 29.30.

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 1.84.

Technical Analysis

The technical analysis highlights that ASML Holding N.V. current is trading $-6.16 points away or -5.71% from its 50-day moving average of $107.87. Further it is trading $1.76 or +1.76% away its 200-day moving average of $99.95.

The 52-week high of ASML Holding N.V. (NASDAQ:ASML) was $111.58 while lowest point recorded in 52-week was $77.17. It implies if stock price makes a movement of over $-9.87, it will record a new 52-week high. In the case of +31.80% drop, it will touch a new 52-week low.

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