ASML Holding (NASDAQ:ASML - Get Free Report) traded up 3.8% during trading on Wednesday . The company traded as high as $666.49 and last traded at $662.77. 747,951 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 1,627,098 shares. The stock had previously closed at $638.69.
Wall Street Analysts Forecast Growth
ASML has been the subject of a number of research reports. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report 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. Finally, 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. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.
Check Out Our Latest Analysis on ASML
ASML Price Performance
The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company's 50 day moving average price is $687.38 and its 200 day moving average price is $706.55. The company has a market cap of $266.45 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 1.62 and a beta of 1.67.
ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating analysts' consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts forecast that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date is Monday, April 28th. ASML's payout ratio is 27.48%.
Institutional Trading of ASML
A number of institutional investors have recently bought and sold shares of ASML. Morse Asset Management Inc purchased a new stake in shares of ASML during the third quarter worth about $52,000. Advisory Resource Group boosted its holdings in shares of ASML by 21.7% during the third quarter. Advisory Resource Group now owns 1,191 shares of the semiconductor company's stock worth $992,000 after purchasing an additional 212 shares during the last quarter. Chelsea Counsel Co. purchased a new stake in shares of ASML in the third quarter valued at $417,000. Anchor Investment Management LLC lifted its position in ASML by 12.6% during the third quarter. Anchor Investment Management LLC now owns 1,375 shares of the semiconductor company's stock worth $1,146,000 after buying an additional 154 shares during the period. Finally, Stock Yards Bank & Trust Co. boosted its stake in ASML by 9.7% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 21,599 shares of the semiconductor company's stock worth $17,997,000 after buying an additional 1,914 shares during the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
ASML Company Profile
(
Get Free Report)
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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