ASML (NASDAQ:ASML) Shares Up 1.5% - Still a Buy?

ASML Holding (NASDAQ:ASML - Get Free Report)'s share price rose 1.5% during trading on Friday . The stock traded as high as $759.30 and last traded at $758.90. Approximately 327,970 shares were traded during trading, a decline of 80% from the average daily volume of 1,665,979 shares. The stock had previously closed at $747.76.

Wall Street Analyst Weigh In

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

ASML Price Performance

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 company has a market cap of $296.25 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74. The company has a fifty day simple moving average of $694.72 and a two-hundred day simple moving average of $710.91.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results 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 company had revenue of $8.77 billion for 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, equities research analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Institutional Trading of ASML

Several large investors have recently bought and sold shares of ASML. GAMMA Investing LLC grew its holdings in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the last quarter. Edgewood Management LLC boosted its stake in shares of 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 acquiring an additional 959,696 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of ASML during the first quarter valued at $360,262,000. Invesco Ltd. boosted 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 last quarter. Finally, Amundi boosted its stake in shares of 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 acquiring an additional 328,552 shares during the last quarter. Institutional investors and hedge funds 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.