ASM International NV (ASM.AS)
| Previous close | 515.40 |
| Open | 523.80 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 522.80 - 529.40 |
| 52-week range | 301.55 - 611.00 |
| Volume | |
| Avg. volume | 138,469 |
| Market cap | 25.828B |
| Beta (5Y monthly) | 1.28 |
| PE ratio (TTM) | 34.53 |
| EPS (TTM) | 15.20 |
| Earnings date | 23 Apr 2024 |
| Forward dividend & yield | 2.75 (0.53%) |
| Ex-dividend date | 15 May 2024 |
| 1y target est | 594.20 |
Simply Wall St.ASM International's (AMS:ASM) earnings growth rate lags the 57% CAGR delivered to shareholders
For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality...
- Yahoo Finance Video
This analyst isn't worried about ASML chip demand. Here's why
Shares of ASML Holding (ASML) are under pressure on Wednesday after the company reported that its net sales fell 21.6% year-over-year. To discuss the situation, Insinger Gilissen Senior Equity Analyst Jos Versteeg joins the Morning Brief. Versteeg explains that the demand for ASML's products is not lacking, but rather, the order flow is "lumpy." He points to 2023 order inflows as an example, with the second half of the year witnessing order inflows of $13 billion — $9 billion of which was in the last quarter alone. Versteeg cautions investors not to read too much into these order inflow numbers, as they do not necessarily "express that the market is weak." Furthermore, Versteeg notes that for the past two months, semiconductor sales have been declining, suggesting that the market could be "hesitating." Coupled with the order inflows reported by ASML, Versteeg understands why investors may be "shocked." However, he emphasizes that order inflow numbers do not accurately reflect the company's performance. Despite these short-term fluctuations, Versteeg remains "positive" on ASML's long-term prospects and has "no worries" about the company's future demand and profit success. "There's a very strong long-term demand for semiconductors and ASML is in the right spot," Versteeg tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
ZacksNew Strong Sell Stocks for April 9th
DDD, AFCG and ASMIY have been added to the Zacks Rank #5 (Strong Sell) List on April 9, 2023.
