ASML Holding(ASML)

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ASML Deadline: ASML Investors with Losses in Excess of $100K Have Opportunity to Lead ASML Holding N.V. Securities Fraud Lawsuit
Prnewswire· 2024-12-15 17:01
Core Viewpoint - Rosen Law Firm is reminding investors who purchased ASML Holding N.V. shares between January 24, 2024, and October 15, 2024, about the upcoming lead plaintiff deadline for a class action lawsuit set for January 13, 2025 [1]. Group 1: Class Action Details - Investors who bought ASML shares during the specified period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the January 13, 2025 deadline to serve as lead plaintiff [3]. - The lawsuit alleges that ASML's management made misleading statements regarding the severity of issues faced by suppliers in the semiconductor industry and the pace of recovery in sales [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4]. - The firm has been recognized for its achievements in securities class action settlements, including a notable settlement against a Chinese company and ranking highly in the number of settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit claims that ASML's management downplayed risks related to macroeconomic fluctuations and regulatory restrictions affecting semiconductor technology exports, leading to a false impression of the company's business prospects [5]. - It is asserted that when the true nature of the situation became known, investors suffered damages due to the misleading information provided by ASML's management [5].
ASML INVESTOR ALERT: ASML Holding N.V. Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit
Prnewswire· 2024-12-15 15:05
Core Viewpoint - The ASML class action lawsuit alleges that the company and certain executives made misleading statements regarding the semiconductor industry's challenges and the company's performance, leading to significant stock price declines [3][4][5]. Company Overview - ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers [2]. Class Action Details - The class action lawsuit is titled "City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V." and covers purchasers of ASML ordinary shares from January 24, 2024, to October 15, 2024 [1]. - Investors have until January 13, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. Allegations Against ASML - The lawsuit claims that ASML misrepresented the severity of issues faced by suppliers in the semiconductor industry and the pace of recovery in sales [3]. - It is alleged that ASML downplayed risks from macroeconomic fluctuations and regulatory changes affecting semiconductor technology exports [3]. Financial Performance - On October 15, 2024, ASML reported quarterly bookings of €2.63 billion, a 53% decline from €5.6 billion in the previous quarter [4]. - The company projected full-year 2025 net sales between €30 billion and €35 billion, lower than its initial guidance of €30 billion to €40 billion [4]. - ASML also reduced its gross margin target to between 51% and 53%, down from 54% to 56% [4]. Market Reaction - Following the announcement of poor bookings, ASML's stock price fell more than 16% [4]. - On the subsequent earnings call, ASML's executives acknowledged a slow recovery in the semiconductor market, leading to a further stock price decline of over 6% [5].
ASML FINAL DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages ASML Holding N.V. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – ASML
GlobeNewswire News Room· 2024-12-14 21:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased ASML Holding N.V. shares between January 24, 2024, and October 15, 2024, about the upcoming lead plaintiff deadline for a class action lawsuit set for January 13, 2025 [1]. Group 1: Class Action Details - Investors who bought ASML shares during the specified period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the January 13, 2025 deadline to serve as lead plaintiff, representing other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has consistently ranked highly in terms of settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that during the class period, ASML's management made misleading statements regarding the severity of issues faced by suppliers in the semiconductor industry, the pace of sales recovery, and the reliability of information about customer demand [5]. - It is claimed that these misrepresentations led to a false impression of ASML's business prospects, resulting in investor damages when the true situation became known [5].
ASML LEGAL DEADLINE: The ASML Holding N.V. January 13 Securities Fraud Deadline is Approaching – Contact BFA Law if You Lost Money (NASDAQ:ASML)
GlobeNewswire News Room· 2024-12-14 11:41
Core Viewpoint - A lawsuit has been filed against ASML Holding N.V. and certain senior executives for potential violations of federal securities laws, with claims related to misleading statements about the impact of export controls on the company's financial outlook [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V., et al., No. 24-cv-8664 [2]. - Investors have until January 13, 2025, to request to lead the case [2]. Group 2: Company Performance and Market Conditions - ASML is a key supplier in the semiconductor industry, providing photolithography machines essential for chipmakers [3]. - On October 15, 2024, ASML reported earnings significantly below expectations, attributing this to a slower-than-expected market recovery, leading to a 16% drop in stock price from $872.27 to $730.43 per share [4]. - During the earnings call on October 16, 2024, ASML indicated that the slow recovery in traditional semiconductor markets and a decline in sales to China would negatively affect gross margins, resulting in a further 6.4% decline in stock price to $683.52 per share [5].
ASML Holding: A Correction That Might Signal Opportunity
MarketBeat· 2024-12-13 12:46
Core Viewpoint - ASML Holding N.V. is experiencing a stock correction despite strong earnings, presenting a potential value opportunity for investors in the semiconductor industry [1][11]. Group 1: Company Overview - ASML is a leading semiconductor equipment manufacturer, specializing in extreme ultraviolet (EUV) lithography machines, which are crucial for modern microchip production [2][3]. - The company holds a unique position in the semiconductor supply chain, effectively maintaining a monopoly in its niche [3]. Group 2: Recent Performance - ASML's Q3 earnings report showed positive results, beating revenue and earnings per share estimates, but weak guidance led to a nearly 20% stock decline shortly after [4]. - The company projects 2024 revenue between €30 billion and €40 billion, reflecting a midpoint decline of 7% from previous estimates, with bookings falling short at $2.8 billion, 53% below forecasts [5]. Group 3: Valuation Metrics - ASML's current price-to-earnings (P/E) ratio is 37.45, but its forward P/E of 28.21 suggests a more attractive valuation relative to future earnings potential [7]. - The price-to-sales (P/S) ratio stands at 9.88, and the current ratio is 1.55, indicating financial health and liquidity [9]. Group 4: Analyst Sentiment - Analysts maintain a Moderate Buy rating for ASML, with an average price target of $943.83, indicating a potential 32% upside from current levels [10]. - Despite recent challenges, analysts express strong confidence in ASML's fundamentals, with BNP Paribas initiating coverage with an Outperform rating and a price target of $858 [10].
ASML Holding Stock Falls 32% in 6 Months: Should You Hold or Fold?
ZACKS· 2024-12-12 16:30
Core Viewpoint - ASML Holding has experienced a significant stock price decline of 32.2% over the past six months, underperforming both the Zacks Computer and Technology sector and the S&P 500 [1][5] Financial Performance - In Q3 2024, ASML reported net sales of €7.5 billion and net income of €2.1 billion, reflecting year-over-year growth of 11.9% and 9.7% respectively, with earnings per share increasing by 9.8% to €5.28 [6] - The company projects Q4 sales between €8.8 billion and €9.2 billion, with a gross margin of 49-50%, indicating potential profitability challenges [7] Market Position and Competitive Landscape - ASML's stock has underperformed compared to peers like Lam Research, Applied Materials, and Advanced Energy Industries, with the latter's shares rising by 8.1% while the former two have seen declines of 24.7% and 28% respectively [2] - Despite the recent decline, ASML maintains a premium valuation with a forward 12-month price-to-earnings multiple of 28.17X, higher than the industry average of 27.86X [12][13] Strategic Initiatives - ASML's High NA EUV systems are crucial for advanced chip manufacturing, particularly for AI and high-performance computing, although they are associated with short-term margin pressures due to high production costs [8][9] - The company has a €36 billion order backlog, indicating sustained demand for its advanced lithography equipment [15] Geopolitical and Macroeconomic Challenges - Geopolitical tensions, especially between the U.S. and China, pose risks, as China accounted for 47% of ASML's lithography shipments in Q3 2024 [10] - Broader macroeconomic issues, including inflation and slowing demand in mobile and PC markets, further complicate the near-term outlook for ASML [11] Long-Term Outlook - ASML is well-positioned for long-term growth, aligning with megatrends such as AI adoption and digital transformation, supported by global investments in semiconductor fabrication plants [16] - The company’s adaptability and commitment to enhancing capacity and supply-chain partnerships are key to meeting rising demand in a rapidly evolving market [16] Investment Recommendation - Given the short-term challenges and the company's strong market position, holding ASML stock is recommended as it allows investors to participate in its long-term growth story while navigating temporary volatility [17][18]
ASML FRAUD NOTICE: BFA Law Alerts ASML Holding N.V. Investors of the January 13 Securities Fraud Deadline – Contact the Firm if You Incurred Losses (NASDAQ:ASML)
GlobeNewswire News Room· 2024-12-12 12:19
Core Viewpoint - A lawsuit has been filed against ASML Holding N.V. and certain senior executives for potential violations of federal securities laws, with claims related to misleading statements about the impact of new export controls on the company's financial outlook [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V., et al., No. 24-cv-8664 [2]. - Investors have until January 13, 2025, to request to lead the case [2]. Group 2: Company Performance and Allegations - ASML is a key supplier in the semiconductor industry, providing photolithography machines essential for chipmakers [3]. - The complaint alleges that ASML misrepresented the effects of new Dutch export controls on its financial outlook, claiming that the company was on a recovery path [3]. - On October 15, 2024, ASML reported earnings significantly below expectations, attributing this to a slower-than-anticipated market recovery, resulting in a 16% drop in stock price from $872.27 to $730.43 per share [4]. - Following an earnings call on October 16, 2024, where ASML cited cautious customer behavior and declining sales to China, the stock fell an additional 6.4% to $683.52 per share [5].
Will This Vital Semiconductor Company Make a Jaw-Dropping Comeback in 2025?
The Motley Fool· 2024-12-12 12:15
Core Viewpoint - ASML Holding, a crucial player in the semiconductor supply chain, has faced challenges in 2024 but is expected to rebound in 2025 [1][2]. Company Overview - ASML is the sole manufacturer of extreme ultraviolet (EUV) lithography machines essential for producing advanced microchips, enabling high-performance devices like smartphones and GPUs [3][4]. - The company operates as a legal technological monopoly, with no close competitors, requiring significant investment and time for any potential rivals to catch up [4]. Market Dynamics - Recent export bans from Western governments, particularly the U.S. and the Netherlands, aim to prevent ASML's advanced machines from reaching China and its allies, impacting sales [5]. - In Q3, 2024, 47% of ASML's sales were to China, but management anticipates this will normalize to about 20% in 2025 due to current economic conditions in China [6]. Financial Performance - Following a reduction in 2025 revenue guidance from €30-40 billion to €30-35 billion, ASML's stock experienced a significant sell-off, dropping 20% post-earnings release [7]. - The company's forward P/E ratio has decreased from 53 to 35, making it a more reasonable investment opportunity, although still not considered cheap [8][10]. Future Outlook - Management projects revenue growth for 2030 to be between €44 billion and €60 billion, indicating an annual growth rate of 8% to 14%, alongside a 1% dividend and stock buybacks [10]. - While a turnaround may not be immediate in 2025, there is optimism for ASML's stock performance as it approaches 2026 [11].
The Gross Law Firm Reminds ASML Holding N.V. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 13, 2025 - ASML
Prnewswire· 2024-12-12 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ASML Holding N.V. regarding a class action lawsuit due to alleged misleading statements and omissions related to the semiconductor industry [1][2]. Group 1: Allegations - The complaint alleges that ASML's management provided materially false and/or misleading statements about the severity of issues faced by suppliers in the semiconductor industry [2]. - It is claimed that the recovery pace of sales in the semiconductor industry was slower than publicly acknowledged by ASML [2]. - The defendants allegedly created a false impression of having reliable information on customer demand and growth while downplaying risks from macroeconomic fluctuations and regulatory restrictions on semiconductor technology exports [2]. - As a result, the statements made by ASML regarding its business operations and prospects lacked a reasonable basis [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 24, 2024, to October 15, 2024 [2]. - Shareholders are encouraged to register for the class action by January 13, 2025, to be eligible for potential recovery [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
Levi & Korsinsky Notifies Shareholders of ASML Holding N.V.(ASML) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2024-12-11 18:01
Core Viewpoint - A class action securities lawsuit has been filed against ASML Holding N.V. alleging securities fraud affecting investors between January 24, 2024, and October 15, 2024 [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that ASML's management made false statements regarding the severity of issues faced by suppliers in the semiconductor industry, which were more severe than indicated [2]. - It is alleged that the recovery pace of sales in the semiconductor industry was slower than publicly acknowledged by ASML's management [2]. - The complaint asserts that ASML's management created a false impression of having reliable information on customer demand and growth while downplaying risks from macroeconomic fluctuations and stricter export regulations on semiconductor technology [2]. - As a result, the statements made by ASML regarding its business operations and future prospects lacked a reasonable basis [2]. Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until January 13, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].