ASML (NASDAQ:ASML) Trading Down 0.2% - Time to Sell?

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) dropped 0.2% on Friday . The stock traded as low as $705.32 and last traded at $706.40. Approximately 246,136 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 1,638,148 shares. The stock had previously closed at $708.03.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Susquehanna cut their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Finally, Wells Fargo & Company reduced their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm's fifty day simple moving average is $679.23 and its 200 day simple moving average is $701.94. The firm has a market cap of $277.94 billion, a P/E ratio of 33.97, a P/E/G ratio of 1.62 and a beta of 1.75.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ASML. Thoroughbred Financial Services LLC lifted its holdings in shares of ASML by 0.4% in the 1st quarter. Thoroughbred Financial Services LLC now owns 4,558 shares of the semiconductor company's stock worth $3,020,000 after acquiring an additional 18 shares during the last quarter. Plan Group Financial LLC purchased a new position in shares of ASML in the 1st quarter valued at $265,000. Sfmg LLC raised its position in ASML by 3.1% in the 1st quarter. Sfmg LLC now owns 527 shares of the semiconductor company's stock valued at $349,000 after purchasing an additional 16 shares during the last quarter. IPG Investment Advisors LLC acquired a new position in ASML in the first quarter valued at $3,281,000. Finally, Silver Coast Investments LLC acquired a new stake in ASML during the 1st quarter worth approximately $272,000. Hedge funds and other institutional investors 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.

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