ASML (NASDAQ:ASML) Upgraded to "Outperform" at Mizuho

Key Points

• ASML has been upgraded to an "outperform" rating by Mizuho, following positive reviews from other analysts, including Morgan Stanley who moved to an "overweight" rating.
• The company's shares recently traded at $967.64 after experiencing a price increase, despite a recent earnings miss of $1.39 below analysts' expectations for the quarter.
• ASML's stock has an average rating of "Moderate Buy" with a price target of $923.80, supported by strong institutional ownership and recent investment activities.

ASML (NASDAQ:ASML - Get Free Report) was upgraded by analysts at Mizuho from a "neutral" rating to an "outperform" rating in a research note issued to investors on Monday, MarketBeat Ratings reports.

A number of other equities research analysts have also weighed in on ASML. Morgan Stanley raised shares of ASML from an "equal weight" rating to an "overweight" rating in a report on Monday, September 22nd. JPMorgan Chase & Co. reiterated a "buy" rating on shares of ASML in a research note on Tuesday, September 16th. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. DZ Bank restated a "neutral" rating on shares of ASML in a research report on Thursday. Finally, New Street Research upgraded shares of ASML from a "neutral" rating to a "buy" rating in a research report on Thursday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $923.80.

ASML Price Performance

Shares of ASML traded up $16.12 during mid-day trading on Monday, reaching $967.64. 200,408 shares of the company's stock were exchanged, compared to its average volume of 1,698,430. 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 company has a 50-day simple moving average of $777.78 and a two-hundred day simple moving average of $743.85. ASML has a 52-week low of $578.51 and a 52-week high of $977.48. The company has a market cap of $380.69 billion, a price-to-earnings ratio of 40.36, a PEG ratio of 1.61 and a beta of 1.80.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion for the quarter, compared to analysts' expectations of $8.72 billion. During the same period last year, the business earned $4.01 earnings per share. The company's revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

Several large investors have recently added to or reduced their stakes in ASML. Corient Private Wealth LLC lifted its position in ASML by 1.8% in the 2nd quarter. Corient Private Wealth LLC now owns 222,488 shares of the semiconductor company's stock worth $178,300,000 after buying an additional 3,840 shares in the last quarter. Caldwell Trust Co purchased a new stake in ASML in the 2nd quarter worth approximately $461,000. Watts Gwilliam & Co. LLC purchased a new stake in ASML in the 2nd quarter worth approximately $233,000. Canal Capital Management LLC lifted its position in ASML by 10.8% in the 2nd quarter. Canal Capital Management LLC now owns 7,857 shares of the semiconductor company's stock worth $6,296,000 after buying an additional 764 shares in the last quarter. Finally, Silicon Valley Capital Partners lifted its position in ASML by 118.8% in the 2nd quarter. Silicon Valley Capital Partners now owns 70 shares of the semiconductor company's stock worth $56,000 after buying an additional 38 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

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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