ASML (NASDAQ:ASML) Trading Down 0.9% - Time to Sell?

ASML Holding (NASDAQ:ASML - Get Free Report)'s stock price was down 0.9% during trading on Tuesday . The company traded as low as $741.90 and last traded at $742.61. Approximately 192,641 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 1,656,647 shares. The stock had previously closed at $749.13.

Analysts Set New Price Targets

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

ASML Trading Down 0.4%

The firm has a market cap of $293.41 billion, a P/E ratio of 35.79, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. The firm has a fifty day simple moving average of $684.69 and a 200-day simple moving average of $704.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

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

Institutional Trading of ASML

A number of institutional investors and hedge funds have recently bought and sold shares of ASML. Foundations Investment Advisors LLC increased its position in shares of ASML by 36.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock valued at $18,243,000 after purchasing an additional 7,073 shares during the last quarter. Fifth Third Bancorp increased its holdings in ASML by 12.2% in the 4th quarter. Fifth Third Bancorp now owns 9,759 shares of the semiconductor company's stock worth $6,764,000 after acquiring an additional 1,062 shares in the last quarter. Alpha Cubed Investments LLC boosted its holdings in ASML by 33.9% in the 4th quarter. Alpha Cubed Investments LLC now owns 81,564 shares of the semiconductor company's stock worth $56,530,000 after buying an additional 20,651 shares during the period. Vantage Investment Partners LLC raised its holdings in ASML by 53.3% during the fourth quarter. Vantage Investment Partners LLC now owns 53,290 shares of the semiconductor company's stock valued at $36,934,000 after acquiring an additional 18,523 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $337,000. 26.07% of the stock is currently owned by 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.

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