ASML (NASDAQ:ASML) Upgraded to Strong-Buy at Hsbc Global Res

Key Points

• ASML has been upgraded to a "strong-buy" rating by Hsbc Global Res, amidst various other mixed ratings from different analysts.
• The company reported earnings of $4.55 per share in its latest quarter, which fell short of the expected $5.94, although its revenue increased by 23.2% year-over-year.
• ASML's current consensus rating is "Moderate Buy" with a price target of $938.80, while shares have shown a recent decline of 3.9%.

ASML (NASDAQ:ASML - Get Free Report) was upgraded by stock analysts at Hsbc Global Res to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

ASML has been the topic of several other reports. Sanford C. Bernstein restated a "neutral" rating on shares of ASML in a research note on Tuesday, September 30th. Morgan Stanley upgraded ASML from an "equal weight" rating to an "overweight" rating in a research note on Monday, September 22nd. Mizuho raised ASML from a "neutral" rating to an "outperform" rating in a report on Monday, September 29th. New Street Research reissued a "neutral" rating on shares of ASML in a report on Monday. Finally, Barclays reissued an "overweight" rating on shares of ASML in a report on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and a consensus price target of $938.80.

ASML Stock Down 3.9%

Shares of NASDAQ:ASML opened at $1,002.30 on Monday. The stock has a market cap of $394.32 billion, a price-to-earnings ratio of 41.83, a PEG ratio of 1.76 and a beta of 1.87. The company has a quick ratio of 0.81, a current ratio of 1.43 and a debt-to-equity ratio of 0.21. ASML has a 12-month low of $578.51 and a 12-month high of $1,059.00. The business's 50 day moving average is $818.08 and its 200 day moving average is $757.31.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $8.72 billion. During the same period in the prior year, the firm posted $4.01 EPS. The firm'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 forecast that ASML will post 25.17 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ASML

Hedge funds and other institutional investors have recently modified their holdings of the company. Princeton Global Asset Management LLC boosted its holdings in shares of ASML by 153.8% in the 2nd 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 in the last quarter. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Pin Oak Investment Advisors Inc. purchased a new position in shares of ASML in the 2nd quarter worth about $30,000. Putney Financial Group LLC boosted 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 worth $25,000 after purchasing an additional 29 shares in the last quarter. Finally, Washington Trust Advisors Inc. boosted its holdings in shares of ASML by 129.4% in the 2nd quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 22 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

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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