Is NASDAQ:ASML suited for growth investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if ASML HOLDING NV-NY REG SHS (NASDAQ:ASML) is suited for growth investing. Investors should of couse do their own research, but we spotted ASML HOLDING NV-NY REG SHS showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NASDAQ:ASML may be interesting for canslim investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), ASML HOLDING NV-NY REG SHS highlights its ability to generate increasing profitability, showcasing a 39.27% growth.
• ASML HOLDING NV-NY REG SHS has achieved significant quarter-to-quarter (Q2Q) revenue growth of 52.24%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• ASML HOLDING NV-NY REG SHS has achieved 32.05% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• With a solid Return on Equity (ROE) of 60.17%, ASML HOLDING NV-NY REG SHS exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• ASML HOLDING NV-NY REG SHS has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 77.09 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 19.04%. This indicates a broader market participation and potential for increased trading liquidity.

What is the technical picture of NASDAQ:ASML telling us.

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Taking everything into account, ASML scores 2 out of 10 in our technical rating. 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.

• ASML is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ASML is performing more or less in line with the market.
• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• When comparing the yearly performance of all stocks, we notice that ASML is one of the better performing stocks in the market, outperforming 77% of all stocks. However, ASML's most recent performance is quite weak.
• ASML is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 58% of 105 stocks in the same industry.

Our latest full technical report of ASML contains the most current technical analsysis.

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Taking everything into account, ASML scores 7 out of 10 in our fundamental rating. ASML was compared to 105 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! 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.

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

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.