ASML (NASDAQ:ASML) Stock Price Down 2.9% - Should You Sell?

Key Points

• ASML shares fell 2.9% Monday to $1,386.21 (intraday low $1,366.79) on volume slightly below average, trading just under its 50‑day moving average of $1,399.33 but well above the 200‑day average of $1,250.24.
• Wall Street maintains a favorable view with a consensus rating of "Moderate Buy" and a consensus target price of $1,504.38 (3 Strong Buy, 21 Buy, 6 Hold, 2 Sell).
• ASML is a large semiconductor-equipment leader (market cap ≈ $545.2B) with a high valuation (P/E ≈ 49.7), modest liquidity and low leverage, and several major institutional investors have recently increased their stakes while institutions own about 26.1% of the stock.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) was down 2.9% on Monday . The stock traded as low as $1,366.79 and last traded at $1,386.21. Approximately 1,747,974 shares were traded during trading, a decline of 5% from the average daily volume of 1,837,832 shares. The stock had previously closed at $1,427.02.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ASML shares. DZ Bank restated a "neutral" rating on shares of ASML in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASML in a research report on Thursday, April 16th. Freedom Capital upgraded ASML from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 16th. Morgan Stanley reissued an "overweight" rating on shares of ASML in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. reissued a "buy" rating on shares of ASML in a research note on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,504.38.

ASML Stock Down 2.9%

The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $1,399.33 and a 200 day simple moving average of $1,250.24. The firm has a market capitalization of $545.17 billion, a P/E ratio of 49.72, a P/E/G ratio of 1.43 and a beta of 1.81.

Institutional Investors Weigh In On ASML

Hedge funds have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its stake in shares of ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company's stock worth $4,798,268,000 after buying an additional 132,353 shares in the last quarter. Capital International Investors lifted its stake in shares of ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock worth $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company's stock worth $2,079,948,000 after buying an additional 305,435 shares in the last quarter. WCM Investment Management LLC lifted its stake in shares of ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company's stock worth $1,861,445,000 after buying an additional 385,502 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of ASML by 8.3% in the third quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company's stock worth $1,805,733,000 after buying an additional 142,763 shares in the last quarter. 26.07% of the stock is owned by institutional investors.

About ASML

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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