ASML (NASDAQ:ASML) Shares Up 3.4% - Still a Buy?

ASML Holding (NASDAQ:ASML - Get Free Report)'s share price traded up 3.4% on Tuesday . The stock traded as high as $761.21 and last traded at $757.22. 414,139 shares were traded during trading, a decline of 75% from the average session volume of 1,664,648 shares. The stock had previously closed at $732.49.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Susquehanna lowered their price objective 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. JPMorgan Chase & Co. decreased their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company decreased their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, ASML has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Down 1.2%

The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $686.88 and a two-hundred day moving average of $707.02. The company has a market capitalization of $294.05 billion, a P/E ratio of 35.98, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75.

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

Institutional Trading of ASML

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASML. Nisa Investment Advisors LLC boosted its stake in ASML by 962.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 170 shares of the semiconductor company's stock valued at $118,000 after buying an additional 154 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of ASML by 1.1% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,555 shares of the semiconductor company's stock valued at $1,078,000 after acquiring an additional 17 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of ASML by 11.4% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 402 shares of the semiconductor company's stock worth $279,000 after acquiring an additional 41 shares in the last quarter. Kingswood Wealth Advisors LLC raised its stake in shares of ASML by 59.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,076 shares of the semiconductor company's stock worth $746,000 after acquiring an additional 401 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in ASML by 23.4% during the 4th quarter. Blue Trust Inc. now owns 3,180 shares of the semiconductor company's stock worth $2,204,000 after acquiring an additional 602 shares during the period. 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.