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ASML Holding (ASML) In Focus: Stock Moves 5.2% Higher

Published 07/20/2017, 08:46 AM
Updated 07/09/2023, 06:31 AM

ASML Holding (AS:ASML) N.V. (NASDAQ:ASML) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 17.2% in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company has not seen any estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for ASML Holding. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

ASML Holding currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

ASML Holding N.V. Price and Consensus

Another stock worth considering in the Semiconductor Equipment - Wafer Fabrication industry is Lam Research Corporation (NASDAQ:LRCX) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ASML going up? Or down? Predict to see what others think: Up or Down

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ASML Holding N.V. (ASML): Free Stock Analysis Report

Lam Research Corporation (LRCX): Free Stock Analysis Report

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