ASML (NASDAQ:ASML)'s stock had its "overweight" rating restated by stock analysts at JPMorgan Chase & Co. in a research note issued on Thursday, The Fly reports.
Several other research firms have also recently weighed in on ASML. New Street Research upgraded ASML from a "neutral" rating to a "buy" rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of ASML in a report on Thursday. Credit Suisse Group reiterated an "outperform" rating on shares of ASML in a report on Monday, January 11th. Royal Bank of Canada lifted their price objective on ASML from $540.00 to $610.00 and gave the company an "outperform" rating in a report on Thursday. Finally, Barclays reiterated an "overweight" rating on shares of ASML in a report on Thursday, January 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of "Buy" and an average price target of $474.25.
Shares of ASML stock traded up $22.38 during trading on Thursday, hitting $571.76. 54,507 shares of the company were exchanged, compared to its average volume of 1,001,731. The firm has a market capitalization of $240.03 billion, a P/E ratio of 63.66, a price-to-earnings-growth ratio of 2.25 and a beta of 1.06. ASML has a 1-year low of $191.25 and a 1-year high of $558.16. The firm's fifty day moving average price is $486.77 and its 200 day moving average price is $408.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.92 and a quick ratio of 1.99.
ASML (NASDAQ:ASML) last posted its earnings results on Tuesday, January 19th. The semiconductor company reported $3.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.05 by $0.18. The company had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.73 billion. ASML had a return on equity of 25.91% and a net margin of 24.30%. The company's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.70 EPS. As a group, equities research analysts anticipate that ASML will post 9.34 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASML. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in ASML in the 4th quarter valued at approximately $25,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of ASML by 241.7% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 82 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 58 shares in the last quarter. Jacobi Capital Management LLC raised its stake in shares of ASML by 382.4% during the 3rd quarter. Jacobi Capital Management LLC now owns 82 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 65 shares in the last quarter. Hexagon Capital Partners LLC bought a new stake in shares of ASML during the 3rd quarter worth approximately $33,000. Finally, Glassman Wealth Services raised its stake in shares of ASML by 152.6% during the 3rd quarter. Glassman Wealth Services now owns 96 shares of the semiconductor company's stock worth $35,000 after purchasing an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 17.88% of the company's stock.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture variosus range of semiconductor nodes and technologies.
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