|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||293.20 - 300.45|
|52 Week Range||165.04 - 300.45|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||47.05|
|Earnings Date||Jul 15, 2020|
|Forward Dividend & Yield||4.50 (1.52%)|
|Ex-Dividend Date||Apr 24, 2020|
|1y Target Est||185.79|
Several chip stocks broke out Wednesday, but equipment giant ASML stood out. Apple and Google are just a fraction from buy points.
Semiconductor equipment maker ASML is the IBD Stock Of The Day as the Netherlands-based company is seeing high demand for its advanced lithography systems for making cutting-edge chips.
ASML convincingly cleared the 306 entry, moving above all-time highs as well.
ASML successfully places Eurobond offering for €750 million Veldhoven, the Netherlands, April 28, 2020 – ASML Holding NV (ASML) today announces that it has successfully placed.
ASML Holding NV (ASML) today announces the results of its Annual General Meeting of Shareholders (AGM) held on April 22, 2020. At the AGM, ASML’s statutory financial statements for the 2019 financial year were adopted. Proposal to adopt a final dividend payment of €1.35 per ordinary share, which, together with the interim dividend paid on November 15, 2019, leads to a total dividend for 2019 of €2.40 per ordinary share.
(Bloomberg Opinion) -- Taiwan Semiconductor Manufacturing Co. just posted net income that beat estimates, showed fatter margins, and forecast revenue surpassing expectations. Pretty impressive in a world where the Covid-19 pandemic is hitting economies and industries from all sides.But that’s the end of the good news. The maker of chips for Apple Inc., Qualcomm Inc., Huawei Technologies Co., and almost everyone else, also provided a series of bullet points to investors that should make the whole sector worry.Let’s compare the outlook from three months ago to what the company told investors Thursday afternoon.Then: Global semiconductor industry would climb 8%.(1) Now: “Flat to a slight decline.” Then: The made-to-order foundry industry, which acts as a proxy for chip designers, would climb 17%. Now: Possibly half that, in the order of “high single digit to low teens” percentage. Then: TSMC’s own growth would rise more than 20%.(2) Now: “Mid-high teen” growth.An important caveat to this revised outlook, which might be considered rosy given current uncertainties, is that it’s based on the pandemic stabilizing in June. Let’s hope we’re that lucky. Even in some places that have shown success in battling the disease, such as Singapore and South Korea, new cases continue to mount. Outbreaks could recur until a vaccine is found and widely deployed.Economically, many companies continue to believe things are better than they really are. In China, for example, some executives in the tech sector seem to think that they’re immune from the financial malaise that’s playing out in the rest of the world. It will catch up with them.TSMC hasn’t abandoned all hope, at least in the long term. It maintained its previous guidance for capital expenditure this year of as much as $16 billion, based on the belief that industry trends like the rollout of 5G networks and handsets in coming years will still justify its investment in new equipment.Much of this view comes down to an educated guess. But TSMC’s extensive client list and years of experience riding economic cycles make its predictive power better than almost anyone else.ASML Holding NV, a TSMC supplier and one of the world’s biggest makers of chip equipment, didn’t even dare Wednesday to predict what its revenue might be this quarter or year. Halfway through last quarter, Apple threw out its previous guidance and didn’t take a shot at a new one. Chief Executive Officer C.C. Wei made clear that the new outlook was based on TSMC’s own read of the end-market for devices, not on any indication that its semiconductor clients were cutting orders. That’s an oblique way of saying that customers haven’t reduced purchases yet, but they probably will. The task now is for global technology companies such as Apple, Qualcomm, Nvidia Corp., Xiaomi Corp. and Huawei to adjust to the new reality. Some haven’t: Xiaomi last month predicted that smartphones are a necessity and demand would rebound quickly. Heading into earnings season, investors ought to examine how executives handle this crisis through the same lens that we assess political leadership. As with the epidemic itself, those who are the quickest to face reality and work to mitigate the impact will stand the best chance of getting through it unscathed. The deniers may not be so fortunate.(1) This figure excludes the memory-chip sector, which is calculated separately.(2) TSMC had forecast "several percentage points" higher then the foundry sector.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Semiconductor equipment maker ASML missed Wall Street's earnings target for the first quarter amid business disruptions from the Covid-19 pandemic. The company said demand remains strong.
Shares of ASML Holding (NASDAQ:ASML) fell 2% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 9.57% over the past year to $1.03, which missed the estimate of $1.33.Revenue of $2,692,000,000 rose by 7.85% year over year, which missed the estimate of $2,700,000,000.Looking Ahead ASML Holding hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Apr 15, 2020View more earnings on ASMLTime: 07:03 AM ETWebcast URL: https://asml.nepgroup-webinars.com/q1-financial-results-2020-analyst-callTechnicals Company's 52-week high was at $319.2252-week low: $186.31Price action over last quarter: down 0.60%Company Profile Founded in 1984 and based in the Netherlands, ASML is a leading manufacturer of photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photomask onto a semiconductor wafer. ASML's products are used at every major semiconductor manufacturer, including Intel, Samsung, and Taiwan Semiconductor Manufacturing.See more from Benzinga * Recap: UnitedHealth Group Q1 Earnings * iMedia Brands: Q4 Earnings Insights * Recap: PNC Financial Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
ASML Holding NV, a key supplier to computer chip makers such as Samsung and Intel, reported worse-than-expected first quarter earnings on Wednesday but said customer demand for its products remains strong despite the coronavirus outbreak. ASML reported net profit of 391 million euros ($429 million), up from 355 million euros in the same period a year ago, but behind analysts' consensus estimates of 534 million euros, as polled by Refinitiv. "We had a solid order intake," said CFO Roger Dassen in a videotaped statement.
ASML reports €2.4 billion net sales at 45.1% gross margin in Q1 2020Strong order intake and currently no change in demandASML refrains from guidance due to increased uncertainty.
Semiconductor equipment stocks are losing steam ahead of first-quarter earnings reports as chip-gear companies halt stock buybacks amid a likely recession from the Covid-19 pandemic.
Chip stocks Nvidia, AMD, ASML, Inphi and Monolithic Power are nearing buy points from bullish bases amid a coronavirus stock market rally.
Several chip stocks are acting well in the coronavirus correction. Nvidia, AMD, Taiwan Semiconductor, Inphi and ASML should be on your watchlist.
Dutch semiconductor equipment maker ASML said on Monday it expected its revenue in the first quarter to be signifiantly lower than expected due to the global coronavirus outbreak. ASML said revenues were expected to be between 2.4 billion and 2.5 billion euros ($2.77 billion) in the first quarter, with a gross margin of 45% to 46%. ASML said that demand for its products remains strong but it had experienced delays and shipping difficulties to customers in Wuhan, China "as well as other customers due to shipment and travel restrictions" regarding the coronavirus outbreak.
VELDHOVEN, the Netherlands, March 30, 2020 - today ASML Holding NV (ASML) provides an update on the expected Q1 results, primarily related to the impact of the coronavirus (COVID-19). This decision follows the pause in the execution of the program in the first quarter, after having already performed share buybacks under the new program for an amount of approximately €507 million.
Futures were mixed-to-lower on a coronavirus stimulus deal after deal optimism led a historic stock market rally Tuesday. AMD, Nvidia, Shopify cleared a key level. Nike earnings beat late
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under.
(Bloomberg) -- A two-hour drive south of Amsterdam in Veldhoven, workers decked out head-to-toe in protective gear toil in vast assembly halls. Before entering the inner sanctuary of the facilities, they meticulously layer on masks, gloves and special socks. A single speck of dust or a hair can have devastating effects on production. The result of all this painstaking process is an environment that is 10,000 times more purified than outside.And as the coronavirus grips the world, it might just be the safest place to work right now.The teams belong to ASML Holding NV, which holds a de-facto monopoly on the industry of extreme ultraviolet lithography machines needed to make next-generation chips. Each cost about 150 million euros ($160 million) apiece and ship mainly to the U.S., Korea and Taiwan, where the likes of Intel Corp., Samsung Electronics Co. or Taiwan Semiconductor Manufacturing Co., known as TSMC, rely on them to make faster, cheaper and more energy efficient semiconductors.ASML manufacturing staff operate in an environment that is literally shielded from the coronavirus pandemic that has forced millions of workers around the world to isolate themselves from colleagues to slow the spread of the disease. As the rest of the Netherlands and much of the continent locks down, work in ASML’s Veldhoven clean-rooms has continued largely unhindered, potentially giving the company an edge for when corporate life returns to normal.“So far we have been able to keep our production going,” said Frits van Hout, ASML’s chief strategy officer, ASML. “The situation is of course dynamic. We encounter challenges as with every lockdown our suppliers will be affected, directly or indirectly.”Keeping DistanceLike other companies, ASML has also implemented a raft of contingency measures –from segmenting staff to drawing up plans if disaster strikes at a key supplier -- so it can keep manufacturing equipment for chip-makers around the world. Workers are split into two teams and are screened for virus symptoms via infrared thermal cameras at the entrance of the clean room in Veldhoven.Social distancing protocols are in effect, and the company has spaced out the morning and night shift to ensure the groups don’t meet, ASML said.Clean rooms are highly specialized infrastructure that’s costly to set up and maintain, making that kind of environment difficult to replicate in other industries. The biggest risk for the company lies not so much in its own operations seizing up but in a potential breakdown of its 5,000 suppliers, 790 of which provide materials and equipment that are used directly to produce the ASML systems.Besides its ultra-sanitized work environment, ASML has the benefit of making machines that are considered almost recession-proof, given its commanding lead in an industry on the cusp of another technological leap: high-speed 5G networks.On Track“Most customers want EUV and if ASML cannot deliver due to such a factor, then they know they have to wait until the next quarter because you cannot get it anywhere else,” said Marcel Achterberg, executive director of equity research at KBC Bank.The prized EUV machines are the size of a bus. Customers can order older equipment, but EUV delivers better resolution, smaller components and improved performance in the chips it produces.They’re a crucial source of revenue for ASML’s customers, too. By the end of next year, as much as half of TSMC’s revenue will depend at least partly on some EUV processes, according to Bloomberg Intelligence analyst Masahiro Wakasugi.Volume production of TSMC’s most cutting-edge 5-nanometer chips, which use EUV, is still “on track” for the first half of 2020 as previously stated by management, TSMC spokeswoman Nina Kao saidFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Hedge fund behemoth Bridgewater has shown its hand in Europe with roughly $15 billion in bets against companies on the continent and in Great Britain, filings reviewed by Reuters show. The world's biggest hedge fund manager's short positions amount to more than $5.3 billion in France and $4.7 billion in Germany, while in Spain its shorts add up to almost $1.4 billion and $821 million in three Italian companies. Hedge funds engage in the practice of 'shorting' by borrowing a stock from an institutional investor, such as a pension plan, and selling it back at a profit when the price drops.
Improvement in profitability and outperformance against the industry can be important characteristics in a stock for...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
ASML publishes 2020 AGM agenda VELDHOVEN, the Netherlands, March 9, 2020 - ASML Holding NV (ASML) today publishes the agenda and the explanatory notes for the Annual General.