Exploring NASDAQ:ASML's growth characteristics.

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.

Why NASDAQ:ASML may be interesting for canslim investors.

• In the most recent financial report, ASML HOLDING NV-NY REG SHS reported a 39.27% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• ASML HOLDING NV-NY REG SHS has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 52.25%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• Over the past 3 years, ASML HOLDING NV-NY REG SHS has demonstrated 32.05% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity(ROE) of ASML HOLDING NV-NY REG SHS is 60.17%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• ASML HOLDING NV-NY REG SHS has exhibited strong Relative Strength(RS) in recent periods, with a current 87.18 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. ASML HOLDING NV-NY REG SHS shows promising potential for continued price momentum.
• 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 18.83%. This indicates a broader market participation and potential for increased trading liquidity.

Deciphering the Technical Picture of NASDAQ:ASML

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, ASML scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASML is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, ASML did better than 87% of all other stocks.
• ASML is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASML is lagging the market slightly.
• ASML is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
• ASML is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 68% of 105 stocks in the same industry.

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

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

ASML gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 105 industry peers in the Semiconductors & Semiconductor Equipment industry. ASML scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ASML is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, ASML could be worth investigating further 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.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.