ASML (NASDAQ:ASML) Stock Price Up 0.5% - What's Next?

ASML Holding (NASDAQ:ASML - Get Free Report)'s stock price traded up 0.5% on Wednesday . The stock traded as high as $752.34 and last traded at $752.26. 199,650 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,657,100 shares. The stock had previously closed at $748.76.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ASML. JPMorgan Chase & Co. reduced 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. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, Susquehanna reduced their price target on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Two 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's stock. According to data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Trading Down 0.7%

The stock has a market capitalization of $292.37 billion, a P/E ratio of 35.96, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The business has a 50 day simple moving average of $685.78 and a 200-day simple moving average of $704.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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

Institutional Trading of ASML

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

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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