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ASML Holding Reports Significant Increase in Short Percent of Float

Elaine Mendonça by Elaine Mendonça
September 19, 2023
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As of September 19, 2023, ASML Holding has experienced a significant increase of 11.43% in its short percent of float since its last report. The company has recently disclosed that it has 1.55 million shares sold short, accounting for 0.39% of all regular shares available for trading. Based on the trading volume, it would take traders an average of 1.8 days to cover their short positions.

Tracking short interest is crucial as it provides insights into the market sentiment surrounding a specific stock. An uptick in short interest suggests that investors have adopted a more bearish outlook, while a decline in short interest indicates a more bullish sentiment.

In comparison to its peers, ASML Holding boasts a lower short interest, with the peer group average for short interest as a percentage of float standing at 6.51%.

ASML Holding N.V.

ASML

Strong Buy

Updated on: 19/09/2023

Financial Health

Very Healthy


Debt to equity ratio: Strong Buy

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Buy

DCF: Strong Buy

ROE: Buy

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Price Target

Current $593.77

Concensus $627.50


Low $590.00

Median $627.50

High $665.00

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Social Sentiments

6:00 PM (UTC)

Date:19 September, 2023

0
Twitter Sentiment

0.8221
Stocktwits Sentiment

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Analyst Ratings

Analyst / firm Rating
Wells Fargo Buy
Joe Quatrochi
Wells Fargo
Buy
Jim Kelleher
Argus Research
Sell
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ASML Holding NV (ASML) Stock Performance on September 19th: Fluctuations and Promising Future

ASML Holding NV (ASML) is a leading company in the semiconductor industry, specializing in the production of lithography systems used by chipmakers. On September 19, 2023, ASML’s stock performance showed some fluctuations.

The previous close for ASML stock was $597.73. The stock opened at $596.04 on September 19th and had a day’s range of $589.22 to $598.14. The trading volume for the day was 46,913 shares, which is significantly lower than the average volume of 1,044,452 shares over the past three months. The company has a market capitalization of $235.9 billion.

In terms of earnings growth, ASML experienced a decline of 12.41% in the previous year. However, the company has shown significant improvement with a growth rate of 38.82% in the current year. Looking ahead, ASML is expected to continue its positive growth trajectory with a projected earnings growth rate of 23.70% over the next five years.

ASML’s revenue growth in the previous year was modest, at 1.16%. Despite this, the company has a relatively high price-to-earnings (P/E) ratio of 29.7, indicating that investors have high expectations for its future earnings potential. The price-to-sales ratio is 9.77, and the price-to-book ratio is 25.09, suggesting that the stock may be trading at a premium compared to its fundamentals.

ASML operates in the semiconductor sector within the electronic technology industry. The company is headquartered in Veldhoven, Noord-brabant.

On September 19th, ASML’s stock performance was influenced by the overall market conditions and investor sentiment. It is important to note that stock prices can be volatile, and short-term fluctuations may not necessarily reflect the long-term prospects of the company.

Investors and analysts will be eagerly awaiting ASML’s next earnings report, which is scheduled for October 18, 2023. The current EPS forecast for this quarter is $5.08. In the previous year, ASML reported annual revenue of $22.3 billion and a net profit of $5.9 billion, with a net profit margin of 26.56%.

Overall, ASML’s stock performance on September 19th showed some volatility, but the company’s positive earnings growth and strong market position in the semiconductor industry indicate a promising future. Investors should carefully analyze the company’s financials and monitor industry trends before making investment decisions.

ASML Holding NV: Promising Stock Performance and Positive Future Outlook

ASML Holding NV, a leading semiconductor equipment manufacturer, has been performing well in the stock market, with analysts predicting a positive future for the company. According to data from CNN Money, the 12-month price forecasts for ASML stock have a median target of 778.50, indicating a potential increase of 31.12% from the last recorded price of 593.71 on September 19, 2023.

The price forecasts provided by eight analysts range from a low estimate of 492.40 to a high estimate of 850.00. This wide range suggests that there is some uncertainty regarding the future performance of ASML stock, but the overall consensus among these analysts is positive, with a median estimate indicating a significant increase in value.

Furthermore, a consensus among 36 polled investment analysts is to buy stock in ASML Holding NV. This rating has remained steady since September, indicating a consistent belief in the company’s potential for growth. Investors seem to have confidence in ASML’s ability to deliver strong financial results and maintain a competitive edge in the semiconductor industry.

In terms of financial performance, ASML reported earnings per share of $5.08 for the current quarter. This figure indicates a healthy profitability for the company. Additionally, ASML reported sales of $7.4 billion for the same period, indicating strong demand for its products and services.

Investors can look forward to the next reporting date on October 18, where ASML will provide further insights into its financial performance. This information will be crucial in determining whether the company is meeting or exceeding market expectations.

Overall, ASML Holding NV has shown promising stock performance, with analysts predicting a significant increase in value over the next 12 months. The consensus among investment analysts is to buy ASML stock, reflecting confidence in the company’s ability to deliver strong financial results. As the semiconductor industry continues to grow, ASML is well-positioned to benefit from this trend and provide value to its shareholders.

Tags: ASML
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

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The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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