Shares of ASML Holding (NASDAQ:ASML - Get Free Report) rose 3.8% during mid-day trading on Monday . The company traded as high as $776.31 and last traded at $781.32. Approximately 565,469 shares were traded during trading, a decline of 66% from the average daily volume of 1,670,244 shares. The stock had previously closed at $753.02.
Analyst Ratings Changes
A number of research analysts recently issued reports on the company. Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Wells Fargo & Company decreased their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a report on Monday, May 19th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Three investment 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $906.00.
Check Out Our Latest Report on ASML
ASML Stock Up 2.8%
The company has a market cap of $304.67 billion, a price-to-earnings ratio of 37.24, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a 50-day moving average price of $694.72 and a 200 day moving average price of $711.56.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The firm 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%. Sell-side analysts predict that ASML Holding will post 25.17 EPS for the current year.
Hedge Funds Weigh In On ASML
Hedge funds have recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in shares of ASML during the 4th quarter worth approximately $337,000. Golden State Wealth Management LLC purchased a new position in shares of ASML in the 4th quarter worth about $67,000. Vest Financial LLC increased its holdings in ASML by 37.1% in the 4th quarter. Vest Financial LLC now owns 735 shares of the semiconductor company's stock worth $509,000 after acquiring an additional 199 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in ASML by 14.8% during the 4th quarter. Apollon Wealth Management LLC now owns 8,002 shares of the semiconductor company's stock worth $5,546,000 after purchasing an additional 1,034 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in shares of ASML by 3.1% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,917 shares of the semiconductor company's stock valued at $1,329,000 after acquiring an additional 58 shares during the period. 26.07% of the stock is owned by institutional investors.
ASML Company Profile
(
Get Free Report)
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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