Alert: Positive Investment/Fundamental Signals (11/17/23)-ASML Holding NV (NASDAQ: ASML)


Recent exceptional positive changes in investment behavior have benefitted ASML Holding NV (NASDAQ: ASML): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

ASML Holding NV (NASDAQ: ASML) has benefited from minimal positive changes in fundamentals: significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

ASML is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

ASML Holding has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. ASML Holding has a poor Appreciation Score of 16 but a neutral Power Rating of 53, leading to the Negative Value Trend Rating.

Recent Price Action

ASML Holding NV (NASDAQ: ASML) stock closed at $686.09 on 11/17/23 after a modest gain of 0.8%. The stock has risen 8.2% during the last week and has performed in line with the market over the last nine months.

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