ASML Holding N.V. : Expect the comeback of a strong trend
Entry price | Target | Stop-loss | Potential |
---|
€143.24 |
€153.9 |
€134.4 |
+7.44% |
---|
ASML Holding shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Historically, the company has been releasing figures that are above expectations.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● The company's "enterprise value to sales" ratio is among the highest in the world.
● With a 2018 P/E ratio at 23.52 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The company is not the most generous with respect to shareholders' compensation.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 157.38 EUR
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