ASML Holding NV Stock Buy Recommendation Reiterated (ASML)
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- Compared to its closing price of one year ago, ASML's share price has jumped by 32.64%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ASML should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- ASML's debt-to-equity ratio is very low at 0.11 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 2.91, which clearly demonstrates the ability to cover short-term cash needs.
- Net operating cash flow has significantly increased by 125.38% to $637.87 million when compared to the same quarter last year. In addition, ASML HOLDING NV has also vastly surpassed the industry average cash flow growth rate of -78.88%.
- 46.20% is the gross profit margin for ASML HOLDING NV which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 22.40% trails the industry average.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 4.7%. Since the same quarter one year prior, revenues slightly dropped by 0.9%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
--Written by a member of TheStreet Ratings Staff. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free Download Now
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