ASML Holding N.V. (NASDAQ:ASML) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of ASML Holding N.V. (NASDAQ:ASML - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eleven research firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $913.80.

Several brokerages recently commented on ASML. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Sanford C. Bernstein began coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective for the company. Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th.

ASML Trading Up 4.3%

ASML opened at $813.36 on Wednesday. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The firm has a market cap of $319.99 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 1.51 and a beta of 1.74. ASML has a 12 month low of $578.51 and a 12 month high of $1,110.09. The stock has a fifty day moving average price of $725.54 and a 200-day moving average price of $718.20.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. As a group, equities research analysts anticipate that ASML will post 25.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Putney Financial Group LLC raised its holdings in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in ASML in the 1st quarter valued at $27,000. Wellington Shields & Co. LLC boosted its stake in ASML by 740.0% during 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 last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML in the fourth quarter worth about $31,000. Finally, Knuff & Co LLC acquired a new stake in ASML in the 1st quarter valued at about $33,000. 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.

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