ASML (NASDAQ:ASML) Shares Down 1.3% - What's Next?

ASML Holding (NASDAQ:ASML - Get Free Report) shares fell 1.3% on Monday . The stock traded as low as $669.00 and last traded at $666.62. 283,533 shares traded hands during trading, a decline of 83% from the average session volume of 1,635,996 shares. The stock had previously closed at $675.64.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ASML. Wells Fargo & Company reduced their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut their target price 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. Finally, Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Down 0.2 %

The stock has a market capitalization of $262.30 billion, a price-to-earnings ratio of 32.05, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67. The firm has a 50 day simple moving average of $683.02 and a 200-day simple moving average of $703.96. 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 announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a dividend of $1.6414 per share. The ex-dividend date is Monday, April 28th. This represents a $6.57 annualized dividend and a dividend yield of 0.98%. ASML's payout ratio is currently 27.48%.

Hedge Funds Weigh In On ASML

Several institutional investors have recently modified their holdings of ASML. Steigerwald Gordon & Koch Inc. raised its stake in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after buying an additional 14 shares during the period. Cyndeo Wealth Partners LLC raised its stake in ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock worth $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. raised its stake in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after buying an additional 14 shares during the period. Sunpointe LLC raised its stake in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC increased its holdings in ASML by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after purchasing an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Company Profile

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.