ASML (NASDAQ:ASML) Shares Up 1.7% After Analyst Upgrade

Key Points

• ASML shares rose 1.7% following an upgrade from UBS Group, moving from a neutral to a buy rating, with the stock last trading at $794.79.
• Despite the upgrade, ASML missed earnings expectations with $4.55 EPS against a consensus estimate of $5.94, although revenue increased by 23.2% year-over-year.
• The company has increased its quarterly dividend to $1.856, reflecting a positive change from its previous dividend, with a dividend yield of 0.9%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shot up 1.7% during mid-day trading on Monday after UBS Group upgraded the stock from a neutral rating to a buy rating. The company traded as high as $793.55 and last traded at $794.79. 396,603 shares were traded during trading, a decline of 77% from the average session volume of 1,700,268 shares. The stock had previously closed at $781.70.

ASML has been the subject of several other reports. DZ Bank lowered ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a research note on Thursday, July 24th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Jefferies Financial Group cut ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Erste Group Bank restated a "hold" rating on shares of ASML in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $923.80.

Institutional Investors Weigh In On ASML

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

ASML Price Performance

The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a 50 day simple moving average of $749.11 and a 200-day simple moving average of $726.11. The stock has a market cap of $312.88 billion, a price-to-earnings ratio of 33.17, a P/E/G ratio of 1.76 and a beta of 1.80.

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

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were issued a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is a positive change from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a yield of 0.9%. ASML's dividend payout ratio (DPR) is currently 26.21%.

About ASML

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.