ASML (NASDAQ:ASML)'s stock had its "overweight" rating restated by research analysts at Barclays in a research note issued on Thursday, The Fly reports.
A number of other research analysts also recently issued reports on the stock. Societe Generale reissued a "buy" rating on shares of ASML in a research report on Friday, April 23rd. Susquehanna Bancshares reissued a "hold" rating on shares of ASML in a research report on Monday, April 26th. Zacks Investment Research upgraded shares of ASML from a "hold" rating to a "buy" rating and set a $768.00 target price on the stock in a report on Wednesday, June 23rd. DZ Bank restated a "buy" rating on shares of ASML in a report on Wednesday, April 7th. Finally, Credit Suisse Group restated an "outperform" rating on shares of ASML in a report on Thursday, April 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company's stock. ASML currently has an average rating of "Buy" and a consensus price target of $628.00.
Shares of NASDAQ ASML traded up $9.19 during mid-day trading on Thursday, hitting $730.19. The stock had a trading volume of 47,000 shares, compared to its average volume of 619,554. The company has a current ratio of 2.31, a quick ratio of 1.62 and a debt-to-equity ratio of 0.34. ASML has a 1 year low of $343.25 and a 1 year high of $723.01. The business's 50 day moving average price is $680.44. The stock has a market capitalization of $306.54 billion, a price-to-earnings ratio of 57.70, a P/E/G ratio of 1.50 and a beta of 1.06.
ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, July 20th. The semiconductor company reported $3.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.93 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.12 billion. ASML had a net margin of 28.37% and a return on equity of 33.91%. The company's quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.79 EPS. On average, sell-side analysts predict that ASML will post 15.33 EPS for the current fiscal year.
A number of institutional investors have recently made changes to their positions in ASML. Morgan Stanley boosted its stake in ASML by 209.4% in the 1st quarter. Morgan Stanley now owns 1,347,174 shares of the semiconductor company's stock worth $831,692,000 after purchasing an additional 911,709 shares in the last quarter. Whale Rock Capital Management LLC bought a new position in ASML in the 1st quarter worth about $199,794,000. Janus Henderson Group PLC raised its position in ASML by 21.4% in the 1st quarter. Janus Henderson Group PLC now owns 1,329,445 shares of the semiconductor company's stock worth $820,753,000 after buying an additional 234,222 shares during the last quarter. Norges Bank purchased a new position in ASML in the 4th quarter worth about $86,532,000. Finally, Van ECK Associates Corp raised its position in ASML by 34.8% in the 1st quarter. Van ECK Associates Corp now owns 553,132 shares of the semiconductor company's stock worth $341,482,000 after buying an additional 142,701 shares during the last quarter. Institutional investors own 18.21% of the company's stock.
ASML Holding NV engages in the development, production, marketing, sale and servicing of advanced semiconductor equipment, consisting of lithography related systems. It mainly caters the makers of memory chips and logic chips. The company was founded on April 1, 1984 and is headquartered in Veldhoven, the Netherlands.
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