Why ASML (ASML) Dipped More Than Broader Market Today

In the latest trading session, ASML (ASML) closed at $1,778.46, marking a -7.82% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.44% for the day. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 2.22%. Shares of the equipment supplier to semiconductor makers witnessed a gain of 18.15% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.98%, and the S&P 500's gain of 0.08%.The investment community will be paying close attention to the earnings performance of ASML in its upcoming release. The company is slated to reveal its earnings on July 15, 2026. In that report, analysts expect ASML to post earnings of $7.98 per share. This would mark year-over-year growth of 75.38%. Meanwhile, our latest consensus estimate is calling for revenue of $10.28 billion, up 17.83% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $36.69 per share and a revenue of $45.35 billion, demonstrating changes of +31.27% and +22.67%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications to analyst estimates for ASML. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.11% lower. Right now, ASML possesses a Zacks Rank of #3 (Hold). In terms of valuation, ASML is currently trading at a Forward P/E ratio of 52.58. This expresses a premium compared to the average Forward P/E of 47.43 of its industry. It is also worth noting that ASML currently has a PEG ratio of 1.55. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Semiconductor Equipment - Wafer Fabrication industry had an average PEG ratio of 1.48. The Semiconductor Equipment - Wafer Fabrication industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 28, placing it within the top 12% of over 250 industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks