ASML (NASDAQ:ASML) Stock Price Down 0.5% - Should You Sell?

ASML Holding (NASDAQ:ASML - Get Free Report)'s share price traded down 0.5% during trading on Thursday . The stock traded as low as $760.24 and last traded at $765.08. 343,447 shares traded hands during trading, a decline of 79% from the average session volume of 1,652,706 shares. The stock had previously closed at $768.91.

Analyst Upgrades and Downgrades

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

ASML Price Performance

The firm has a market capitalization of $299.76 billion, a P/E ratio of 36.63, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The business's fifty day moving average is $681.12 and its 200 day moving average is $702.88.

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

Institutional Investors Weigh In On ASML

Several hedge funds have recently made changes to their positions in ASML. GAMMA Investing LLC grew its stake in ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares during the last quarter. Edgewood Management LLC lifted its holdings in ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of ASML in the 1st quarter valued at $360,262,000. Invesco Ltd. lifted its stake in shares of ASML by 101.0% during the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after acquiring an additional 367,505 shares during the period. Finally, Amundi boosted its holdings in ASML by 4,880.5% in the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock valued at $247,019,000 after acquiring an additional 328,552 shares during the last quarter. Institutional investors own 26.07% of the company's stock.

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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