ASML Holding N.V. (NASDAQ:ASML - Get Free Report)'s share price dropped 2.3% during trading on Tuesday . The stock traded as low as $787.36 and last traded at $783.18. Approximately 359,349 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,697,860 shares. The stock had previously closed at $801.39.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on ASML shares. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna reduced their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Five 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. According to MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $913.80.
Read Our Latest Stock Analysis on ASML
ASML Price Performance
The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The firm's 50-day moving average price is $747.21 and its 200-day moving average price is $722.31. The stock has a market capitalization of $312.45 billion, a PE ratio of 33.47, a PEG ratio of 1.67 and a beta of 1.73.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, equities analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its holdings in ASML by 12.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,228 shares of the semiconductor company's stock valued at $6,396,000 after purchasing an additional 1,054 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of ASML by 8.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 53,827 shares of the semiconductor company's stock valued at $37,306,000 after buying an additional 4,355 shares during the last quarter. Smithfield Trust Co raised its holdings in shares of ASML by 4.6% in the fourth quarter. Smithfield Trust Co now owns 904 shares of the semiconductor company's stock worth $626,000 after buying an additional 40 shares during the period. Assetmark Inc. raised its holdings in shares of ASML by 7.6% in the fourth quarter. Assetmark Inc. now owns 32,649 shares of the semiconductor company's stock worth $22,628,000 after buying an additional 2,299 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in shares of ASML during the 4th quarter worth approximately $31,223,000. 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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