ASML (NASDAQ:ASML) Stock Price Down 0.5% - Time to Sell?

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) dropped 0.5% during trading on Thursday . The stock traded as low as $760.24 and last traded at $765.08. Approximately 343,447 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,652,706 shares. The stock had previously closed at $768.91.

Analyst Ratings Changes

ASML has been the subject of several analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Finally, Wells Fargo & Company lowered their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Trading Up 0.1%

The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market cap of $294.72 billion, a P/E ratio of 36.02, a PEG ratio of 1.62 and a beta of 1.75. The business's 50 day simple moving average is $683.78 and its two-hundred day simple moving average is $703.81.

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

Institutional Investors Weigh In On ASML

Large investors have recently added to or reduced their stakes in the company. Kennebec Savings Bank raised its stake in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 25 shares in the last quarter. Putney Financial Group LLC boosted its position in ASML by 322.2% during the first 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. Banque Cantonale Vaudoise purchased a new position in shares of ASML in the first quarter worth about $27,000. Wellington Shields & Co. LLC lifted its stake in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC bought a new position in ASML during the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

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.