ASML's (ASML) Neutral Rating Reiterated at DZ Bank

Key Points

• ASML's stock receives a "neutral" rating from DZ Bank, despite mixed ratings from other analysts, including "buy" and "overweight" classifications.
• The company reported $4.55 earnings per share for the last quarter, which was lower than the expected $5.94, although revenue increased by 23.2% year-over-year.
• ASML's current market capitalization stands at $386.67 billion, with a consensus target price of $1,001.60 from analysts.

ASML (NASDAQ:ASML - Get Free Report)'s stock had its "neutral" rating reiterated by investment analysts at DZ Bank in a report released on Wednesday,MarketScreener reports.

A number of other analysts have also weighed in on the stock. Barclays reissued an "overweight" rating on shares of ASML in a research report on Tuesday, September 30th. The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a report on Friday, October 10th. Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Monday, September 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of ASML in a research report on Tuesday, September 30th. Finally, Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,001.60.

ASML Stock Down 0.2%

NASDAQ ASML opened at $983.18 on Wednesday. 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 52 week low of $578.51 and a 52 week high of $1,059.00. The firm has a market capitalization of $386.67 billion, a price-to-earnings ratio of 41.03, a PEG ratio of 1.66 and a beta of 1.87. The company has a fifty day moving average of $845.63 and a two-hundred day moving average of $766.66.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) 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 firm had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter last year, the business posted $4.01 EPS. ASML's revenue was up 23.2% compared to the same quarter last year. On average, analysts predict that ASML will post 25.17 earnings per share for the current year.

Institutional Investors Weigh In On ASML

Institutional investors have recently added to or reduced their stakes in the business. Putney Financial Group LLC lifted its holdings in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the period. Princeton Global Asset Management LLC lifted its stake in ASML by 153.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 20 shares during the period. Banque Cantonale Vaudoise purchased a new stake in shares of ASML in the 1st quarter valued at $27,000. Binnacle Investments Inc increased its stake in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. acquired a new position in ASML during the second quarter valued at $30,000. Institutional investors and hedge funds 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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