ASML (NASDAQ:ASML) Cut to "Hold" at Bank Degroof

Key Points

• ASML has been downgraded to a "hold" rating by Bank Degroof, while other brokerages like Mizuho upgraded it to "outperform" and Citigroup reaffirmed a "buy" rating.
• The company reported $4.55 EPS in its last quarterly earnings, missing analysts' estimates of $5.94, although revenue of $8.94 billion exceeded expectations.
• ASML's stock has a market cap of $385.76 billion and has seen a significant price fluctuation with a 1-year range between $578.51 and $1,059.00.

ASML (NASDAQ:ASML - Get Free Report) was downgraded by equities researchers at Bank Degroof to a "hold" rating in a report released on Friday,MarketScreener reports.

Several other brokerages have also issued reports on ASML. Mizuho upgraded shares of ASML from a "neutral" rating to an "outperform" rating in a report on Monday, September 29th. DZ Bank reissued a "neutral" rating on shares of ASML in a research note on Thursday, September 25th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Tuesday. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Barclays restated an "overweight" rating on shares of ASML in a research report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $1,001.60.

ASML Stock Performance

ASML stock opened at $980.54 on Friday. The firm has a 50 day simple moving average of $829.12 and a 200-day simple moving average of $760.64. The stock has a market cap of $385.76 billion, a price-to-earnings ratio of 40.92, a price-to-earnings-growth ratio of 1.67 and a beta of 1.87. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. ASML has a 1-year low of $578.51 and a 1-year high of $1,059.00.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The company's revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.01 earnings per share. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that ASML will post 25.17 EPS for the current year.

Institutional Trading of ASML

Several hedge funds have recently added to or reduced their stakes in the company. Putney Financial Group LLC increased its position in shares of 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 purchasing an additional 29 shares during the last quarter. Princeton Global Asset Management LLC increased its holdings in ASML by 153.8% in the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock valued at $26,000 after buying an additional 20 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML during the 1st quarter worth about $27,000. Binnacle Investments Inc boosted its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 15 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML in the 2nd quarter valued at about $30,000. Institutional investors and hedge funds 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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