ASML Holding (NASDAQ:ASML - Get Free Report) dropped 0.6% during mid-day trading on Wednesday . The stock traded as low as $651.46 and last traded at $662.44. Approximately 359,099 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 1,635,614 shares. The stock had previously closed at $666.11.
Analyst Ratings Changes
A number of research 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 on the stock in a report on Thursday, January 30th. 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 report on Thursday, April 17th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus target price of $906.00.
Read Our Latest Analysis on ASML
ASML Stock Performance
The firm has a market cap of $259.11 billion, a price-to-earnings ratio of 31.66, a PEG ratio of 1.62 and a beta of 1.67. The stock's fifty day moving average is $684.40 and its two-hundred day moving average is $704.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data 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. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. On average, analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.
ASML Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be issued a dividend of $1.6414 per share. This represents a $6.57 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio (DPR) is 27.48%.
Institutional Trading of ASML
Several institutional investors have recently made changes to their positions in ASML. Carnegie Investment Counsel lifted its position in shares of ASML by 68.9% during 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. Central Pacific Bank Trust Division acquired a new stake in shares of ASML in the 4th quarter valued at about $1,174,000. Foundations Investment Advisors LLC increased its position in shares of ASML by 36.7% in the fourth 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 during the last quarter. Fifth Third Bancorp lifted its position in shares of ASML by 12.2% in the fourth quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock valued at $6,764,000 after buying an additional 1,062 shares during the last quarter. Finally, Alpha Cubed Investments LLC grew its holdings in ASML by 33.9% in the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock valued at $56,530,000 after buying an additional 20,651 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.
ASML Company Profile
(
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.
Further Reading
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