ASML Holding NV (ASML) reported first quarter EPS of 0.93 euros before the opening bell Wednesday, compared to the consensus estimate of 0.92 euros. Revenues increased 10.4% from last year to 1.65 billion euros. Analysts expected revenues of 1.62 billion euros. For the period, net profit came in at 403 million euros ($429 million) vs. 305 million euros, or 0.70 euros a year earlier. The stock is now up $1.03 to $101.
For the second quarter of 2015, the company guided revenues of 1.6 billion euros, as compared to analysts’ expectations of $1.63 billion euros.
On valuation measures, ASML Holding N.V. shares, which currently have an average 3-month trading volume of 902,220 shares, trade at a trailing-12 P/E of 28.48, a forward P/E of 19.99 and a P/E to growth ratio of 0.95. The median Wall Street price target on the name is $107.58 with a high target of $140.00. Currently ticker boasts 18 ‘Buy’ endorsements, compared to 12 ’Holds’ and 5 ‘Sell’.
Profitability-wise, ASML has a t-12 profit and operating margin of 24.22% and 26.02%, respectively. The $43.28 billion market cap company currently prints a one year return of about 16% and a year-to-date loss of around 8%.
ASML Holding N.V. is a developer of complex technology for high-tech lithography machines for the semiconductor industry. The company was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
($1 = 0.9390 euros)