ASML (NASDAQ:ASML) Downgraded by Jefferies Financial Group to "Hold"

Jefferies Financial Group downgraded shares of ASML (NASDAQ:ASML - Free Report) from a buy rating to a hold rating in a research report sent to investors on Thursday morning, Marketbeat reports.

Other equities analysts have also recently issued research reports about the company. Susquehanna cut their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a research report on Monday, May 19th. Sanford C. Bernstein started coverage on ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price on the stock. Finally, Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Trading Down 0.3%

ASML traded down $2.14 during midday trading on Thursday, reaching $795.95. 1,200,605 shares of the company were exchanged, compared to its average volume of 1,702,013. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. ASML has a one year low of $578.51 and a one year high of $1,110.09. The stock has a market capitalization of $313.14 billion, a P/E ratio of 33.54, a PEG ratio of 1.55 and a beta of 1.74. The stock's 50-day simple moving average is $735.42 and its 200 day simple moving average is $720.13.

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

Institutional Investors Weigh In On ASML

Institutional investors and hedge funds have recently made changes to their positions in the stock. Putney Financial Group LLC raised its stake in shares of 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 purchasing an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of ASML during the 1st quarter worth approximately $27,000. Wellington Shields & Co. LLC raised its stake in shares of 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 in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML during the 4th quarter worth approximately $31,000. Finally, Knuff & Co LLC acquired a new position in shares of ASML during the 1st quarter worth approximately $33,000. 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.