ASML (NASDAQ:ASML) Trading Up 1.1% Following Analyst Upgrade

Key Points

• ASML shares rose by 1.1% after JPMorgan Chase upgraded their price target from $957.00 to $1,175.00, while the stock is currently trading at around $1,043.30.
• The company reported quarterly earnings of $4.55 EPS, missing expectations but achieving revenue of $8.94 billion, a 23.2% increase year-over-year.
• ASML declared a quarterly dividend increase to $1.856 per share from the previous payout of $1.64, with a current annualized yield of 0.7%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shares rose 1.1% on Monday after JPMorgan Chase & Co. raised their price target on the stock from $957.00 to $1,175.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. ASML traded as high as $1,059.00 and last traded at $1,043.30. Approximately 1,377,023 shares were traded during trading, a decline of 19% from the average daily volume of 1,700,169 shares. The stock had previously closed at $1,032.22.

A number of other brokerages have also commented on ASML. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. UBS Group reiterated a "buy" rating on shares of ASML in a research report on Wednesday, October 1st. Morningstar lowered shares of ASML to a "hold" rating in a report on Thursday, September 18th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of ASML in a research note on Saturday, September 27th. Finally, DZ Bank reiterated a "neutral" rating on shares of ASML in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $938.80.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC increased its holdings in ASML by 97.6% during the first quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company's stock valued at $101,978,000 after buying an additional 76,023 shares during the period. Wealthcare Advisory Partners LLC boosted its position in ASML by 12.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock valued at $266,000 after purchasing an additional 44 shares in the last quarter. Strategic Planning Group LLC grew its stake in ASML by 12.5% in the second quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company's stock valued at $5,251,000 after purchasing an additional 730 shares during the last quarter. Rhumbline Advisers raised its holdings in ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after purchasing an additional 947 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in ASML by 5.0% in the first quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company's stock worth $7,241,000 after purchasing an additional 519 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Trading Up 1.1%

The company's 50-day simple moving average is $806.14 and its 200 day simple moving average is $753.31. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $410.46 billion, a PE ratio of 43.54, a price-to-earnings-growth ratio of 1.74 and a beta of 1.87.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The company's revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Tuesday, July 29th were issued a $1.856 dividend. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's dividend payout ratio is 26.21%.

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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