ASML (NASDAQ:ASML) Shares Up 2.2% - What's Next?

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) rose 2.2% on Monday . The stock traded as high as $776.97 and last traded at $777.80. Approximately 341,109 shares traded hands during trading, a decline of 80% from the average daily volume of 1,679,364 shares. The stock had previously closed at $761.00.

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. Susquehanna decreased their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a research note on Monday, May 19th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a 50-day simple moving average of $710.27 and a 200-day simple moving average of $715.17. The stock has a market cap of $304.65 billion, a P/E ratio of 37.20, a PEG ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Research analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.

Institutional Trading of ASML

Several institutional investors have recently added to or reduced their stakes in ASML. Putney Financial Group LLC boosted its holdings in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after buying an additional 29 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of ASML during the 1st quarter worth approximately $27,000. Wellington Shields & Co. LLC boosted its holdings in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth approximately $31,000. Finally, Knuff & Co LLC bought a new position in shares of ASML during the 1st quarter worth approximately $33,000. 26.07% of the stock is currently owned by institutional investors.

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.

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