ASML (ASML) Stock Sinks As Market Gains: Here's Why

Company Overview - ASML's shares have increased by 5.34% over the last month, outperforming the Computer and Technology sector's gain of 5.09% and the S&P 500's gain of 0.22% [1] - ASML's current stock price is $719.71, reflecting a slight decrease of -0.18% from the previous day's closing price [5] Analyst Estimates - Recent changes to analyst estimates for ASML indicate a positive outlook, with earnings per share (EPS) projected at $7.19, representing a 28.39% increase from the same quarter last year [10] - The Zacks Consensus Estimates predict earnings of $20.57 per share and revenue of $30.49 billion for the fiscal year, showing changes of -4.46% and +2.29% respectively from the previous year [6] Valuation Metrics - ASML has a Forward P/E ratio of 35.06, which is higher than the industry average of 33.8 [3] - The company has a PEG ratio of 2.75, compared to the industry average PEG ratio of 3.33 [8] Industry Context - The Semiconductor Equipment - Wafer Fabrication industry is currently ranked 207 by Zacks, placing it within the bottom 18% of over 250 industries [4] - The Zacks Rank system indicates that ASML currently holds a rank of 4 (Sell), with a recent consensus EPS projection moving 0.55% lower [12]