ASML (NASDAQ:ASML) Now Covered by Sanford C. Bernstein

Analysts at Sanford C. Bernstein initiated coverage on shares of ASML (NASDAQ:ASML - Get Free Report) in a research note issued to investors on Tuesday,Briefing.com Automated Import reports. The firm set a "market perform" rating and a $806.00 price target on the semiconductor company's stock. Sanford C. Bernstein's price target indicates a potential upside of 3.97% from the stock's current price.

Other equities analysts have also recently issued reports about the stock. Wells Fargo & Company dropped their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Susquehanna lowered their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $913.80.

ASML Price Performance

Shares of NASDAQ ASML opened at $775.23 on Tuesday. The business has a fifty day moving average price of $713.86 and a two-hundred day moving average price of $715.79. The stock has a market capitalization of $304.99 billion, a PE ratio of 37.27, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. As a group, equities analysts predict that ASML will post 25.17 earnings per share for the current fiscal year.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rhumbline Advisers increased its holdings in ASML by 12.7% in the 1st quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of ASML by 12.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after buying an additional 44 shares during the period. Novo Holdings A S raised its holdings in ASML by 24.4% in the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after buying an additional 32,500 shares during the last quarter. Johnson Investment Counsel Inc. raised its holdings in ASML by 26.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 82,646 shares of the semiconductor company's stock valued at $57,280,000 after buying an additional 17,187 shares during the last quarter. Finally, Pegasus Asset Management Inc. boosted its position in ASML by 43.0% during the 4th quarter. Pegasus Asset Management Inc. now owns 4,581 shares of the semiconductor company's stock worth $3,175,000 after buying an additional 1,377 shares during the period. 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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