ASML Holding (NASDAQ:ASML - Get Free Report) traded down 0.4% during mid-day trading on Tuesday . The company traded as low as $675.50 and last traded at $680.93. 227,924 shares were traded during trading, a decline of 86% from the average session volume of 1,634,036 shares. The stock had previously closed at $683.36.
Analysts Set New Price Targets
A number of analysts have weighed in on ASML shares. JPMorgan Chase & Co. decreased their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Susquehanna lowered their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company reduced their price target 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. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and a consensus target price of $906.00.
View Our Latest Report on ASML
ASML Price Performance
The company has a 50-day moving average price of $679.07 and a two-hundred day moving average price of $701.98. The company has a market cap of $280.96 billion, a PE ratio of 34.38, a P/E/G ratio of 1.62 and a beta of 1.75. 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 (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. Sell-side analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.
Institutional Trading of ASML
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Carnegie Investment Counsel grew its stake in ASML by 68.9% in the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after purchasing an additional 868 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after acquiring an additional 7,073 shares in the last quarter. Fifth Third Bancorp lifted its stake in ASML by 12.2% during the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after purchasing an additional 1,062 shares during the last quarter. Alpha Cubed Investments LLC increased its stake in ASML by 33.9% during the fourth quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock valued at $56,530,000 after purchasing an additional 20,651 shares during the last quarter. Finally, Vantage Investment Partners LLC raised its holdings in shares of ASML by 53.3% during the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company's stock worth $36,934,000 after purchasing an additional 18,523 shares during the period. Institutional investors own 26.07% of the company's stock.
About ASML
(
Get Free Report)
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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