Trending tickers: ASML, Asos, LVMH, JustEat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 17 2024
0mins
Source: Yahoo Finance
- ASML: ASML, the largest supplier of equipment to computer chip makers, reported that first-quarter profit exceeded expectations, but sales fell short, leading to a drop in shares.
- Asos: Asos shares rose despite widening losses and a significant drop in half-year sales, with plans to increase earnings by reducing costs and stock levels.
- LVMH: LVMH, the luxury group owning brands like Louis Vuitton, Tiffany, and Dior, saw rising sales in the first quarter, particularly benefiting from Chinese shoppers as global purchases grew.
- JustEat: Just Eat shares fell after posting first-quarter orders below expectations, with total orders slightly improving but still lower than anticipated, especially in North America and Southern Europe.
Analyst Views on ASML
Wall Street analysts forecast ASML stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASML is 1344 USD with a low forecast of 1140 USD and a high forecast of 1500 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 1395.000
Low
1140
Averages
1344
High
1500
Current: 1395.000
Low
1140
Averages
1344
High
1500
About ASML
ASML Holding N.V. is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engage in development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
