ASML Stock Summary and Trading Ideas (Asml Holding N.V. - New York Registry Shares | NASDAQ:ASML)

ASML is the leader in 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 photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.

Asml Holding N.V. - New York Registry Shares trades on the NASDAQ stock market under the symbol ASML.

As of December 26, 2024, ASML stock price declined to $715.86 with 698,499 million shares trading.

ASML has a beta of 2.32, meaning it tends to be more sensitive to market movements. ASML has a correlation of 0.41 to the broad based SPY ETF.

ASML has a market cap of $281.48 billion. This is considered a Mega Cap stock.

Last quarter Asml Holding N.V. - New York Registry Shares reported $8 billion in Revenue and $5.80 earnings per share. This beat revenue expectation by $397 million and exceeded earnings estimates by $.38.

In the last 3 years, ASML traded as high as $1,110.09 and as low as $363.15.

The top ETF exchange traded funds that ASML belongs to (by Net Assets): QQQ, SMH, SOXX, SOXL, QQQM.

ASML has underperformed the market in the last year with a return of -4.6%, while the SPY ETF gained +27.9%. In the last 3 month period, ASML fell short of the market, returning -15.7%, while SPY returned +5.4%. However, in the most recent 2 weeks ASML has outperformed the stock market by returning +0.4%, while SPY returned -0.2%.

ASML support price is $705.21 and resistance is $734.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASML shares will trade within this expected range on the day.