ASML (NASDAQ:ASML) Trading Down 2.1% - Should You Sell?

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shares traded down 2.1% on Friday . The stock traded as low as $736.25 and last traded at $745.98. 760,742 shares were traded during trading, a decline of 55% from the average session volume of 1,684,007 shares. The stock had previously closed at $761.64.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. 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 note on Thursday, April 17th. Sanford C. Bernstein began coverage on shares of ASML in a research note on Tuesday. They set a "market perform" rating and a $806.00 target price on the stock. Finally, Wells Fargo & Company lowered their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $913.80.

ASML Price Performance

The stock has a market capitalization of $297.06 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.48 and a beta of 1.74. The stock's 50 day moving average is $719.05 and its two-hundred day moving average is $716.76. 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 released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in shares of ASML by 70,115.5% during the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares during the last quarter. Edgewood Management LLC increased its holdings in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after buying an additional 959,696 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of ASML during the 1st quarter worth approximately $360,262,000. Invesco Ltd. increased its holdings in shares of ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company's stock worth $484,562,000 after buying an additional 367,505 shares during the last quarter. Finally, Amundi increased its holdings in shares of ASML by 4,880.5% during the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares during the last quarter. 26.07% of the stock is 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.

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