Here's Why ASML (ASML) Gained But Lagged the Market Today

Stock Performance - ASML closed at $756 33, up 0 81% from the previous session, lagging behind the S&P 500's 1% gain but outperforming the Dow's 0 78% and Nasdaq's 1 51% [1] - Over the past month, ASML shares gained 5 63%, outperforming the Computer and Technology sector's loss of 4 13% and the S&P 500's loss of 2 14% [1] Earnings and Revenue Expectations - ASML is expected to report earnings of $7 19 per share on January 29, 2025, marking a 28 39% year-over-year growth [2] - Revenue is anticipated to be $9 76 billion, a 25 3% increase from the same quarter last year [2] Analyst Revisions and Zacks Rank - Recent revisions to analyst forecasts reflect near-term business trends, with upward revisions indicating positivity towards ASML's operations and profitability [3] - ASML currently holds a Zacks Rank of 4 (Sell), with the consensus EPS projection remaining stagnant over the past 30 days [5] Valuation Metrics - ASML's Forward P/E ratio is 29 77, higher than the industry average of 27 47, indicating a premium valuation [6] - The company's PEG ratio is 2 33, lower than the industry average of 2 68, suggesting a relatively better valuation considering earnings growth [7] Industry Overview - The Semiconductor Equipment - Wafer Fabrication industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 221, placing it in the bottom 12% of all industries [8] - The top 50% of industries outperform the bottom half by a factor of 2 to 1, based on the Zacks Industry Rank [8]