ASML Holding N.V. (NASDAQ:ASML) Receives $923.80 Consensus Target Price from Analysts

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the thirteen analysts that are presently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $923.80.

A number of research analysts have issued reports on the stock. Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Wells Fargo & Company boosted their price target on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Erste Group Bank reiterated a "hold" rating on shares of ASML in a report on Wednesday. Finally, Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th.

Institutional Trading of ASML

Institutional investors and hedge funds have recently modified their holdings of the company. Putney Financial Group LLC grew its holdings in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in ASML during the 1st quarter worth about $27,000. Maseco LLP bought a new stake in ASML during the 2nd quarter worth about $32,000. Knuff & Co LLC acquired a new position in ASML during the 1st quarter valued at about $33,000. Finally, Wayfinding Financial LLC acquired a new position in ASML during the 1st quarter valued at about $35,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

ASML stock traded up $11.45 on Friday, hitting $716.93. The company had a trading volume of 3,367,975 shares, compared to its average volume of 1,771,505. ASML has a 12-month low of $578.51 and a 12-month high of $945.05. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The stock's 50-day simple moving average is $766.80 and its 200 day simple moving average is $728.01. The stock has a market cap of $282.05 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 1.43 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm's revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.01 earnings per share. As a group, equities research analysts expect that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th will be given a dividend of $1.856 per share. The ex-dividend date of this dividend is Tuesday, July 29th. This is an increase from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 1.04%. ASML's payout ratio is presently 29.67%.

About ASML

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.