ASML's (ASML) Buy Rating Reiterated at UBS Group

Key Points

• ASML's stock received a "buy" rating from UBS Group, with other analysts also issuing positive ratings including Barclays, Deutsche Bank, and Arete Research.
• The company has a current consensus rating of "Moderate Buy" and an average target price of $1,001.60.
• ASML reported quarterly earnings showing revenue of $8.94 billion, up 23.2% year-over-year, despite missing EPS estimates.

ASML (NASDAQ:ASML - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at UBS Group in a research report issued on Wednesday,MarketScreener reports.

Several other equities analysts have also issued reports on ASML. Barclays restated an "overweight" rating on shares of ASML in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ASML in a research note on Tuesday, September 30th. Arete Research upgraded shares of ASML to a "strong-buy" rating in a research note on Friday, September 12th. Sanford C. Bernstein reiterated a "market perform" rating and set a $935.00 target price on shares of ASML in a research report on Thursday, October 9th. Finally, Wells Fargo & Company upped their target price on shares of ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,001.60.

ASML Trading Down 0.2%

Shares of NASDAQ:ASML opened at $983.18 on Wednesday. ASML has a 52-week low of $578.51 and a 52-week high of $1,059.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43. The company has a market cap of $386.67 billion, a P/E ratio of 41.03, a P/E/G ratio of 1.66 and a beta of 1.87. The stock's 50-day moving average is $845.63 and its 200-day moving average is $766.66.

ASML (NASDAQ:ASML - Get Free Report) last issued 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 the consensus estimate of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The business's quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the firm earned $4.01 earnings per share. Equities research analysts predict that ASML will post 25.17 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. boosted its position in ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company's stock valued at $254,000 after purchasing an additional 13 shares during the last quarter. Rossmore Private Capital raised its stake in shares of ASML by 0.3% during the 1st quarter. Rossmore Private Capital now owns 4,347 shares of the semiconductor company's stock worth $2,880,000 after purchasing an additional 14 shares in the last quarter. Baring Financial LLC boosted its holdings in shares of ASML by 2.8% in the 2nd quarter. Baring Financial LLC now owns 510 shares of the semiconductor company's stock valued at $409,000 after buying an additional 14 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in shares of ASML by 2.6% in the 1st quarter. Sage Mountain Advisors LLC now owns 602 shares of the semiconductor company's stock valued at $399,000 after buying an additional 15 shares during the last quarter. Finally, Manchester Capital Management LLC grew its stake in shares of ASML by 15.2% in the first quarter. Manchester Capital Management LLC now owns 114 shares of the semiconductor company's stock valued at $76,000 after buying an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

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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