ASML Holding (NASDAQ:ASML) Receives $906.00 Consensus Target Price from Brokerages

ASML Holding (NASDAQ:ASML - Get Free Report) has been given a consensus rating of "Moderate Buy" by the ten brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $906.00.

A number of research firms have issued reports on ASML. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. DZ Bank upgraded ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Finally, Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th.

ASML Stock Up 3.0 %

NASDAQ:ASML traded up $20.40 on Tuesday, hitting $700.39. The stock had a trading volume of 1,041,025 shares, compared to its average volume of 1,637,699. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. ASML has a 52 week low of $578.51 and a 52 week high of $1,110.09. The business's fifty day moving average is $679.24 and its 200 day moving average is $701.99. The company has a market cap of $275.55 billion, a PE ratio of 33.67, a P/E/G ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, equities research analysts expect that ASML will post 25.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Carnegie Investment Counsel increased its holdings in ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after acquiring an additional 868 shares during the period. Foundations Investment Advisors LLC raised its position in shares of ASML by 36.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after buying an additional 7,073 shares in the last quarter. Fifth Third Bancorp boosted its stake in ASML by 12.2% during the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock valued at $6,764,000 after buying an additional 1,062 shares during the period. Alpha Cubed Investments LLC increased its position in shares of ASML by 33.9% in the fourth quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock worth $56,530,000 after purchasing an additional 20,651 shares during the last quarter. Finally, Vantage Investment Partners LLC grew its position in ASML by 53.3% in the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company's stock worth $36,934,000 after acquiring an additional 18,523 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.