ASML (NASDAQ:ASML) Shares Down 1.7% - Here's What Happened

Key Points

• ASML shares fell by 1.7% during trading, reaching a low of $735.74, with trading volume down 81% from average levels.
• The company missed earnings expectations, reporting $4.55 EPS compared to a consensus estimate of $5.94, but saw a 23.2% year-over-year increase in revenue.
• ASML recently increased its quarterly dividend to $1.856 per share, reflecting a positive change from previous levels and a 1.0% dividend yield.

Shares of ASML Holding N.V. (NASDAQ:ASML - Get Free Report) dropped 1.7% during trading on Thursday . The company traded as low as $735.74 and last traded at $736.67. Approximately 322,663 shares traded hands during trading, a decline of 81% from the average daily volume of 1,729,117 shares. The stock had previously closed at $749.49.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of recent research reports. New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Wells Fargo & Company upped their target price on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Sanford C. Bernstein assumed coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price on the stock. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Finally, Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Stock Down 1.9%

The company's 50-day simple moving average is $755.91 and its two-hundred day simple moving average is $725.84. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The firm has a market cap of $289.19 billion, a PE ratio of 30.69, a PEG ratio of 1.51 and a beta of 1.76.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The company had revenue of $8.94 billion during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the prior year, the business posted $4.01 earnings per share. The company's revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a $1.856 dividend. The ex-dividend date of this dividend was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 1.0%. This is a positive change from ASML's previous quarterly dividend of $1.64. ASML's dividend payout ratio is 26.21%.

Institutional Investors Weigh In On ASML

Institutional investors and hedge funds have recently modified their holdings of the stock. Putney Financial Group LLC lifted its position in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 29 shares during the period. Princeton Global Asset Management LLC lifted its position in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 20 shares during the period. Banque Cantonale Vaudoise purchased a new position in ASML during the 1st quarter valued at about $27,000. Binnacle Investments Inc lifted its position in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. purchased a new position in ASML during the 2nd quarter valued at about $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

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.

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