ASML Holding NV (ADR) (ASML) Stock Is An All-Time High Flier

October 13, 2017 - By Darrin Black

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 await ASML Holding NV (ADR) (NASDAQ:ASML) to report earnings on October, 18 before the open. They expect $1.25 EPS, up 20.19 % or $0.21 from last year’s $1.04 per share. ASML’s profit will be $534.46 million for 35.26 P/E if the $1.25 EPS becomes a reality. After $1.08 actual EPS reported by ASML Holding NV (ADR) for the previous quarter, Wall Street now forecasts 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. On Thursday, July 20 the stock rating was maintained by B. Riley & Co with “Hold”. Bank of America downgraded ASML Holding NV (ADR) (NASDAQ:ASML) on Wednesday, August 17 to “Neutral” rating. As per Monday, December 19, the company rating was upgraded by Bank of America. The firm earned “Neutral” rating on Thursday, January 19 by Citigroup. The firm earned “Buy” rating on Thursday, January 21 by Bryan Garnier & Cie. The stock has “Hold” rating by RBC Capital Markets on Monday, June 5. The firm has “Buy” rating by Berenberg given on Friday, August 28. The stock of ASML Holding NV (ADR) (NASDAQ:ASML) has “Neutral” rating given on Thursday, January 21 by B. Riley & Co. The firm has “Buy” rating given on Monday, January 30 by ABN Amro. Bank of America maintained it with “Buy” rating and $18200 target in Thursday, July 20 report.

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.

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