ASML (NASDAQ:ASML) Stock Price Down 0.8% - What's Next?

ASML Holding (NASDAQ:ASML - Get Free Report) traded down 0.8% during mid-day trading on Friday . The stock traded as low as $664.59 and last traded at $669.55. 369,572 shares were traded during trading, a decline of 80% from the average session volume of 1,834,973 shares. The stock had previously closed at $675.00.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ASML. Susquehanna reduced their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. JPMorgan Chase & Co. reduced their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a 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 investment 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, the company currently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Stock Down 1.0 %

The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $685.94 and a 200-day moving average price of $704.48. The firm has a market cap of $262.06 billion, a price-to-earnings ratio of 32.02, a P/E/G ratio of 1.62 and a beta of 1.67.

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

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's dividend payout ratio (DPR) is presently 27.48%.

Institutional Trading of ASML

Several institutional investors and hedge funds have recently made changes to their positions in ASML. Putney Financial Group LLC raised its stake in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 29 shares during the last quarter. Kennebec Savings Bank raised its position in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC raised its position in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the fourth quarter valued at approximately $31,000. Finally, Wayfinding Financial LLC acquired a new stake in ASML during the first quarter worth approximately $35,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

About ASML

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.