Why the growth investor may take a look at ASML HOLDING NV-NY REG SHS (NASDAQ:ASML).

In this article we will dive into ASML HOLDING NV-NY REG SHS (NASDAQ:ASML) as a possible candidate for growth investing. Investors should always do their own research, but we noticed ASML HOLDING NV-NY REG SHS showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of ASML HOLDING NV-NY REG SHS

• The EPS of ASML HOLDING NV-NY REG SHS has exhibited growth from one quarter to another (Q2Q), with a 39.27% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• ASML HOLDING NV-NY REG SHS has experienced 52.24% q2q revenue growth, indicating a significant sales increase.
• The 3-year EPS growth of ASML HOLDING NV-NY REG SHS (32.05%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• ASML HOLDING NV-NY REG SHS has a healthy Return on Equity(ROE) of 60.17%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• ASML HOLDING NV-NY REG SHS has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 77.44 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. ASML HOLDING NV-NY REG SHS is well-positioned for potential price growth opportunities.
• ASML HOLDING NV-NY REG SHS exhibits a favorable Debt-to-Equity ratio at 0.35. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• The ownership composition of ASML HOLDING NV-NY REG SHS reflects a balanced investor ecosystem, with institutional shareholders owning 18.92%. This indicates a broader market participation and potential for increased trading liquidity.

Technical Analysis Observations

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Overall ASML gets a technical rating of 2 out of 10. Although ASML is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• Looking at the yearly performance, ASML did better than 77% of all other stocks. However, we also see that ASML couldn't keep up this performance in the last couple of months.
• ASML is part of the Semiconductors & Semiconductor Equipment industry. There are 106 other stocks in this industry, ASML did better than 65% of them.
• ASML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASML is lagging the market slightly.

Check the latest full technical report of ASML for a complete technical analysis.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Overall ASML gets a fundamental rating of 7 out of 10. We evaluated ASML against 106 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making ASML a very profitable company, without any liquidiy or solvency issues. ASML is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes ASML very considerable for growth and quality investing!

Check the latest full fundamental report of ASML for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.