ASML (NASDAQ:ASML) Hits New 12-Month High - Still a Buy?

Key Points

• ASML's share price reached a new 52-week high of $992.35 during trading, closing at $983.44 with a total volume of 565,182 shares.
• Several analysts have upgraded ASML's rating, with New Street Research and Morgan Stanley moving it from "neutral" to "buy," and the current consensus rating is "Moderate Buy" with an average price target set at $923.80.
• ASML has declared a quarterly dividend of $1.856, increasing from the previous $1.64, resulting in an annualized yield of 0.7% and a dividend payout ratio of 26.17%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $992.35 and last traded at $983.44, with a volume of 565182 shares trading hands. The stock had previously closed at $968.09.

Analysts Set New Price Targets

ASML has been the subject of a number of research analyst reports. New Street Research raised ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. UBS Group reissued a "buy" rating on shares of ASML in a report on Wednesday. Morgan Stanley raised ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of ASML in a report on Tuesday. Finally, Arete Research raised ASML to a "strong-buy" rating in a report on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Price Performance

The business has a 50 day moving average price of $787.89 and a two-hundred day moving average price of $747.14. The stock has a market cap of $391.45 billion, a PE ratio of 41.51, a P/E/G ratio of 1.63 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43.

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

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 0.7%. ASML's dividend payout ratio (DPR) is currently 26.17%.

Hedge Funds Weigh In On ASML

Several institutional investors have recently bought and sold shares of the company. Rhumbline Advisers lifted its position in shares of ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after acquiring an additional 947 shares in the last quarter. NBC Securities Inc. bought a new position in ASML in the first quarter valued at $70,000. Gradient Investments LLC boosted its position in ASML by 4.0% during the first quarter. Gradient Investments LLC now owns 678 shares of the semiconductor company's stock valued at $449,000 after buying an additional 26 shares during the period. Harbor Investment Advisory LLC boosted its position in ASML by 59.4% during the first quarter. Harbor Investment Advisory LLC now owns 271 shares of the semiconductor company's stock valued at $180,000 after buying an additional 101 shares during the period. Finally, Merit Financial Group LLC boosted its position in ASML by 48.0% during the first quarter. Merit Financial Group LLC now owns 2,120 shares of the semiconductor company's stock valued at $1,405,000 after buying an additional 688 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.

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.

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