Evercore ISI lifts ASML Holding NV [ASML] price estimate. Who else is bullish?

ASML Holding NV [NASDAQ: ASML] plunged by -$136.14 during the normal trading session on while it closed the day at $932.05.

ASML Holding NV stock has also loss -15.19% of its value over the past 7 days. However, ASML stock has declined by -4.59% in the 3 months of the year. Over the past six months meanwhile, it has gained 31.93% and gained 23.14% year-on date.

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The market cap for ASML stock reached $366.69 billion, with 393.42 million shares outstanding and 393.19 million shares in the current float. Compared to the average trading volume of 1.04M shares, ASML reached a trading volume of 4983529 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about ASML Holding NV [ASML]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASML shares is $1158.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASML stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Evercore ISI have made an estimate for ASML Holding NV shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 16, 2024. While these analysts kept the previous recommendation, HSBC Securities raised their target price to Buy. The new note on the price target was released on February 22, 2024, representing the official price target for ASML Holding NV stock.

The Average True Range (ATR) for ASML Holding NV is set at 36.50, with the Price to Sales ratio for ASML stock in the period of the last 12 months amounting to 12.96. The Price to Book ratio for the last quarter was 24.84, with the Price to Cash per share for the same quarter was set at 14.84. Price to Free Cash Flow for ASML in the course of the last twelve months was 141.67 with Quick ratio for the last quarter at 0.88.

ASML stock trade performance evaluation

ASML Holding NV [ASML] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.19. With this latest performance, ASML shares dropped by -9.32% in over the last four-week period, additionally plugging by 31.93% over the last 6 months – not to mention a rise of 23.53% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASML stock in for the last two-week period is set at 35.14, with the RSI for the last a single of trading hit 27.83, and the three-weeks RSI is set at 40.13 for ASML Holding NV [ASML]. The present Moving Average for the last 50 days of trading for this stock 999.67, while it was recorded at 1,042.33 for the last single week of trading, and 847.68 for the last 200 days.

ASML Holding NV [ASML]: An insightful look at the core fundamentals

ASML Holding NV’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.88 and a Current Ratio set at 1.54.

Earnings per share (EPS) analysis for ASML Holding NV [ASML] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASML. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ASML Holding NV go to 21.55%.

ASML Holding NV [ASML]: Institutional Ownership

The top three institutional holders of ASML stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ASML stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ASML stock with ownership which is approximately 5.1238%.