ASML Holding N.V. (NASDAQ:ASML) Stock Has Consensus Target Price of $2,204.71

Key Points

• Analysts rate ASML a “Moderate Buy”: Of 24 covering firms, 19 recommend buy or strong buy; the average one-year price target is $2,204.71.
• Recent analyst views were mixed: UBS and Barclays reiterated positive ratings, while Jefferies maintained a neutral rating and JPMorgan lowered its target to $2,350.
• ASML reported quarterly EPS of $14.71 on $13.27 billion in revenue and reduced its quarterly dividend from $2.1507 to $2.1077 per share.

Shares of ASML Holding N.V. (NASDAQ:ASML - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the twenty-four research firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation, seventeen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $2,204.71.

Several research firms recently weighed in on ASML. UBS Group reiterated a "buy" rating on shares of ASML in a research note on Monday, September 28th. Barclays reaffirmed an "overweight" rating on shares of ASML in a research report on Thursday, July 16th. Weiss Ratings cut shares of ASML from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, October 30th. JPMorgan Chase & Co. decreased their price target on shares of ASML from $2,400.00 to $2,350.00 and set an "overweight" rating for the company in a research note on Thursday, October 15th. Finally, Jefferies Financial Group reissued a "neutral" rating on shares of ASML in a report on Wednesday, September 30th.

ASML Stock Up 5.0%

Shares of NASDAQ:ASML opened at $1,424.75 on Friday. ASML has a 12-month low of $946.11 and a 12-month high of $1,999.96. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $549.13 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 0.63 and a beta of 1.80. The stock's 50-day moving average price is $1,677.25 and its 200-day moving average price is $1,599.85.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion during the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. On average, equities analysts anticipate that ASML will post 46.54 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 27th were paid a $2.1077 dividend. The ex-dividend date was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.6%. This is a decrease from ASML's previous quarterly dividend of $2.1507. ASML's payout ratio is currently 17.55%.

Institutional Investors Weigh In On ASML

Hedge funds and other institutional investors have recently modified their holdings of the company. Channel Wealth LLC lifted its position in ASML by 1.8% in the third quarter. Channel Wealth LLC now owns 3,778 shares of the semiconductor company's stock valued at $6,844,000 after buying an additional 66 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of ASML by 27.8% in the third quarter. Valmark Advisers Inc. now owns 831 shares of the semiconductor company's stock valued at $1,505,000 after buying an additional 181 shares during the period. ICICI Prudential Asset Management Co Ltd increased its holdings in ASML by 1.3% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 1,534 shares of the semiconductor company's stock worth $2,779,000 after buying an additional 19 shares during the last quarter. Allworth Financial LP increased its stake in ASML by 5.9% during the third quarter. Allworth Financial LP now owns 4,251 shares of the semiconductor company's stock valued at $8,458,000 after acquiring an additional 238 shares during the period. Finally, GKV Capital Management Co. Inc. grew its stake in shares of ASML by 22.9% during the third quarter. GKV Capital Management Co. Inc. now owns 2,037 shares of the semiconductor company's stock valued at $3,690,000 after purchasing an additional 379 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company's products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.

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