Analysts Set ASML Holding (NASDAQ:ASML) Target Price at $906.00

ASML Holding (NASDAQ:ASML - Get Free Report) has received an average rating of "Moderate Buy" from the eleven research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $906.00.

A number of analysts have recently weighed in on ASML shares. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company reduced their target price 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.

Hedge Funds Weigh In On ASML

Hedge funds have recently added to or reduced their stakes in the company. Putney Financial Group LLC boosted its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after buying an additional 29 shares during the period. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the period. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the 1st quarter worth approximately $27,000. Wellington Shields & Co. LLC lifted its position in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML in the 4th quarter worth approximately $31,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

NASDAQ ASML traded down $14.55 on Friday, reaching $732.52. The company had a trading volume of 1,785,398 shares, compared to its average volume of 1,673,415. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $288.19 billion, a PE ratio of 35.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The firm's 50 day moving average price is $687.99 and its 200 day moving average price is $708.25. ASML has a 12 month low of $578.51 and a 12 month high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities analysts predict that ASML will post 25.17 earnings per share for the current year.

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.