ASML Holding N.V. (NASDAQ:ASML - Get Free Report) rose 2.3% on Monday . The company traded as high as $771.85 and last traded at $773.68. Approximately 480,959 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 1,687,516 shares. The stock had previously closed at $756.53.
Wall Street Analyst Weigh In
A number of research analysts have commented on ASML shares. Susquehanna decreased their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Wells Fargo & Company lowered their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Sanford C. Bernstein assumed coverage on ASML in a research report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target on the stock. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $913.80.
View Our Latest Report on ASML
ASML Stock Performance
The stock's fifty day moving average price is $720.80 and its 200-day moving average price is $717.04. The company has a market capitalization of $305.39 billion, a P/E ratio of 32.72, a PEG ratio of 1.47 and a beta of 1.74. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52.
ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. As a group, research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
Institutional Trading of ASML
Institutional investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC increased its stake in ASML by 95.0% during the 1st quarter. Voya Investment Management LLC now owns 21,109 shares of the semiconductor company's stock worth $13,987,000 after acquiring an additional 10,286 shares during the period. Howe & Rusling Inc. lifted its position in ASML by 48.2% during the first quarter. Howe & Rusling Inc. now owns 7,507 shares of the semiconductor company's stock worth $4,975,000 after purchasing an additional 2,440 shares during the period. Cim LLC increased its holdings in ASML by 8.9% in the 1st quarter. Cim LLC now owns 2,641 shares of the semiconductor company's stock valued at $1,750,000 after buying an additional 216 shares during the period. First Hawaiian Bank lifted its holdings in shares of ASML by 27.1% during the 1st quarter. First Hawaiian Bank now owns 1,288 shares of the semiconductor company's stock worth $853,000 after acquiring an additional 275 shares during the period. Finally, Invst LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $386,000. 26.07% of the stock is currently owned by institutional investors.
About ASML
(
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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