ASML (NASDAQ:ASML) Raised to Buy at UBS Group

Key Points

• UBS Group upgraded ASML from a "neutral" rating to a "buy" rating, indicating a positive outlook for the semiconductor company's stock.
• ASML recently reported quarterly earnings of $4.55 EPS, missing expectations, but saw a year-over-year revenue increase of 23.2% to $8.94 billion.
• The company's consensus rating is now "Moderate Buy" with an average price target of $923.80, reflecting analysts' mixed opinions on the stock's future performance.

ASML (NASDAQ:ASML - Get Free Report) was upgraded by research analysts at UBS Group from a "neutral" rating to a "buy" rating in a report issued on Friday, MarketBeat.com reports.

Several other brokerages have also issued reports on ASML. Erste Group Bank restated a "hold" rating on shares of ASML in a research report on Wednesday, July 23rd. Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 target price for the company. Wells Fargo & Company increased their target price on shares of ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Barclays reissued an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Finally, New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Stock Up 1.9%

ASML stock traded up $14.55 during mid-day trading on Friday, reaching $796.25. The stock had a trading volume of 1,282,095 shares, compared to its average volume of 1,705,896. The company has a market capitalization of $313.26 billion, a price-to-earnings ratio of 33.23, a PEG ratio of 1.76 and a beta of 1.80. The company has a 50-day moving average price of $749.11 and a two-hundred day moving average price of $726.11. ASML has a one year low of $578.51 and a one year high of $873.65. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML - Get Free Report) last posted its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The company had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML's revenue was up 23.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

Several institutional investors and hedge funds have recently made changes to their positions in ASML. GAMMA Investing LLC increased its stake in shares of ASML by 70,115.5% during 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 buying an additional 1,398,805 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in ASML in the first quarter valued at about $360,262,000. Invesco Ltd. grew its stake in ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock valued at $484,562,000 after purchasing an additional 367,505 shares during the last quarter. Amundi grew its stake in ASML by 91.6% in the first quarter. Amundi now owns 642,498 shares of the semiconductor company's stock valued at $403,215,000 after purchasing an additional 307,214 shares during the last quarter. Finally, First Manhattan CO. LLC. grew its stake in ASML by 61.0% in the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company's stock valued at $469,183,000 after purchasing an additional 268,172 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

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.