ASML Holding NV (ADR) (ASML) was Downgraded by Susquehanna to ” Neutral”. Earlier the firm had a rating of “Positive ” on the company shares. Susquehanna advised their investors in a research report released on Apr 19, 2016.
Many Wall Street Analysts have commented on ASML Holding NV (ADR). Company shares were Reiterated by RBC Capital Mkts on Apr 4, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 105 from a previous price target of $100 .ASML Holding NV (ADR) was Downgraded by Exane BNP Paribas to ” Underperform” on Mar 31, 2016. RBC Capital Mkts Resumed ASML Holding NV (ADR) on Mar 17, 2016 to “Sector Perform”, Price Target of the shares are set at $100.
On the company’s financial health, ASML Holding NV (ADR) reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jan 20, 2016. Analyst had a consensus of $0.60. The company had revenue of $1434.00 million for the quarter, compared to analysts expectations of $1415.57 million. The company’s revenue was down -4.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.
ASML Holding NV (ADR) closed down -0.32 points or -0.32% at $99.23 with 3,42,599 shares getting traded on Monday. Post opening the session at $98.86, the shares hit an intraday low of $98.79 and an intraday high of $100.0305 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems notably: TWINSCAN NXE a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT a step-and-scan water-based immersion lithography platform; YieldStar a metrology tool; PAS 5500 a step-and-scan platform; and Brion a computational lithography verification platform. In addition the Company provides customer support. The Companys activities are organized into three main business lines: Deep Ultraviolet (DUV) scanners Extreme Ultraviolet (EUV) scanners and Applications; which are supported by business functions such as research and development (R&D) sales operations and sourcing. The Company operates 70 offices in 16 countries and operates ASML Netherlands BV ASML Systems BV ASML Hong Kong Ltd. ASML US Inc. as wholly owned subsidiaries.