In today's video I look at fundamentals and recent earnings for ASML Holdings (NASDAQ:ASML). Below I share a few highlights from the video. 

  1. On June 21, 2021, ASML reported strong earnings, causing its stock price to jump over 5%. Numerous semiconductor stocks like Nvidia (NASDAQ:NVDA) are also up for the day since ASML products are used to create semiconductor chips, creating a bullish scenario for semiconductor investors. 
  2. ASML reported 21% year-over-year (YOY) revenue growth and gross margins of 50.9% for Q2 2021. The company expects the strong growth to continue into the second half of the year and has guided for YOY revenue growth of 35% for the entire year of 2021.  
  3. ASML is returning cash to shareholders through a combination of growing annualized dividends and share buyback programs. During the earnings presentation, ASML announced a new buyback program of up to 9 billion euros to be executed by the end of 2023. 

*Stock prices used were the midday prices of July 21, 2021. The video was published on July 21, 2021.

 
 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.