[Globe Newswire] ASML Holding N.V. (NASDAQ:ASML)(TREND ANALYSIS), Veldhoven, The Netherlands, March 4, 2015 – ASML has been recognized as one of 19 companies receiving Intel Corporation`s Preferred Quality Supplier (PQS) award for their performance in 2014. This supplier has demonstrated industry-leading commitment across all critical focus areas on which they are measured: quality, cost, availability, technology, customer service, labor and ethics systems and environmental sustainability. ASML is recognized for their significant contributions providing Intel with semiconductor lithography equipment, deemed essential to Intel`s success.
“We are delighted to be selected again by Intel for a Preferred Quality Supplier award for 2014,” said Sunny Stalnaker, Executive Vice President, Sales & Customer Management, ASML. “This is our sixth consecutive Intel PQS award, and is a testament to the strong relationship between our two companies. In 2014, we worked very hard to ensure high productivity and reliability on our NXT immersion platform, while at the same time made significant progress on the industrialization of EUV. We appreciate Intel`s acknowledgment of these efforts.”
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ASML is expected to report next quarter earnings on April 15. The Semiconductor Equipment company’s earnings per share consensus Street estimate stands at $1.07.
ASML Holding N.V. (NASDAQ:ASML) is currently trading 4.84% below its 52-week-high, 32.41% above its 52-week-low. The 12-months range for the stock is $79.66 – $110.85. ASML Holding N.V. (ASML) has a price to earnings ratio of 30.73 versus Nasdaq average of 17.06. ASML stock price has underperformed the Nasdaq by 4.6%. The Semiconductor Equipment company is currently valued at $45.67 billion and its share price closed the last trading session at $105.48. The stock has a 50-day moving average of $105.43 and a 200-day moving average of $102.17.
ASML Holding N.V. (ASML) current short interest stands at 3.73 million shares. It has increased by 7% from the same period of last month. Around 2% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.78 million shares, the number of days required to cover the short positions stand at 4.9 days.
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There are currently fourty-three analysts that cover ASML stock. Of those fourty-three, twenty have a Buy rating, eighteen have a Hold rating and five have a Sell rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $94.63.
A quite recent analyst activity consisted of RBC Capital Mkts reiterating their Underperform stance on October 16. RBC Capital Mkts increased their price target on ASML from $61 to $69. This corresponds to a 34.58% downside from the last closing price. On the date of report, the stock closed at $90.74.
Stifel initiated their coverage on the stock with a Hold rating on August 27. On the date of report, the stock closed at $95.7.
Company profile
ASML Holding N.V. develops, produces, and markets semiconductor manufacturing equipment. The Company’s products allow semiconductor manufacturers to choose the optimal numerical aperture and wavelength for their applications, assure uniformity, and produce more using less floor space.
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