ASML (NASDAQ:ASML) Trading Up 2.3% - Time to Buy?

Key Points

• ASML's stock rose by 2.3% in mid-day trading, reaching a price of $753.80, although trading volume fell to approximately 525,862 shares, significantly below its average.
• Analysts have mixed opinions on ASML, with one Strong Buy, six Buy, and six Hold ratings, and a consensus target price of $923.80.
• The company recently increased its quarterly dividend to $1.856 per share, reflecting a more than 13% increase from the previous quarter.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report)'s stock price was up 2.3% during mid-day trading on Thursday . The stock traded as high as $752.25 and last traded at $753.80. Approximately 525,862 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 1,700,631 shares. The stock had previously closed at $736.82.

Wall Street Analyst Weigh In

Several analysts have issued reports on ASML shares. Erste Group Bank restated a "hold" rating on shares of ASML in a report on Wednesday, July 23rd. Sanford C. Bernstein initiated coverage on ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price objective on the stock. DZ Bank cut ASML from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 16th. Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, New Street Research raised shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $923.80.

ASML Trading Up 2.3%

The firm has a market cap of $296.42 billion, a PE ratio of 31.45, a price-to-earnings-growth ratio of 1.51 and a beta of 1.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. The company's 50 day moving average price is $750.29 and its 200 day moving average price is $726.09.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business's revenue was up 23.2% on a year-over-year basis. 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, analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were given a dividend of $1.856 per share. This is a boost from ASML's previous quarterly dividend of $1.64. This represents a $7.42 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, July 29th. ASML's dividend payout ratio is presently 26.17%.

Hedge Funds Weigh In On ASML

A number of institutional investors and hedge funds have recently made changes to their positions in ASML. Putney Financial Group LLC lifted its holdings in shares of 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. Princeton Global Asset Management LLC lifted its holdings in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 20 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of ASML during the first quarter worth $27,000. Binnacle Investments Inc lifted its holdings in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of ASML during the second quarter worth $30,000. 26.07% of the stock is owned by institutional investors and hedge funds.

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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