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ASML Holding NV (NASDAQ:ASML) Short Interest Update

Wednesday, September 16, 2020 | MarketBeat

ASML Holding NV (NASDAQ:ASML) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,340,000 shares, an increase of 18.6% from the August 15th total of 1,130,000 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 766,000 shares, the days-to-cover ratio is currently 1.7 days.

NASDAQ:ASML opened at $370.25 on Wednesday. The firm has a 50 day simple moving average of $369.83 and a 200-day simple moving average of $327.40. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.91 and a quick ratio of 1.90. The firm has a market cap of $154.47 billion, a PE ratio of 48.46, a P/E/G ratio of 1.88 and a beta of 0.96. ASML has a 1-year low of $191.25 and a 1-year high of $402.86.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 15th. The semiconductor company reported $1.97 EPS for the quarter, topping the consensus estimate of $1.89 by $0.08. ASML had a net margin of 22.70% and a return on equity of 23.21%. The firm had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter in the prior year, the business posted $1.13 earnings per share. ASML's revenue for the quarter was up 36.3% compared to the same quarter last year. As a group, sell-side analysts expect that ASML will post 8.61 earnings per share for the current fiscal year.

ASML has been the topic of a number of recent research reports. Citigroup restated a "buy" rating on shares of ASML in a research note on Tuesday, September 1st. DZ Bank reaffirmed a "sell" rating on shares of ASML in a report on Thursday, July 16th. Evercore ISI reaffirmed an "outperform" rating on shares of ASML in a report on Wednesday, June 17th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of ASML in a report on Friday, July 10th. Finally, downgraded shares of ASML from a "hold" rating to a "sell" rating in a report on Wednesday, June 10th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company's stock. The company currently has an average rating of "Hold" and an average target price of $383.60.

A number of hedge funds have recently modified their holdings of ASML. JPMorgan Chase & Co. increased its position in ASML by 145.2% during the first quarter. JPMorgan Chase & Co. now owns 3,959,276 shares of the semiconductor company's stock worth $1,035,906,000 after purchasing an additional 2,344,364 shares during the last quarter. Winslow Capital Management LLC acquired a new position in ASML during the second quarter worth approximately $189,142,000. Alliancebernstein L.P. increased its position in ASML by 120.9% during the first quarter. Alliancebernstein L.P. now owns 844,662 shares of the semiconductor company's stock worth $220,997,000 after purchasing an additional 462,295 shares during the last quarter. Wellington Management Group LLP increased its position in ASML by 187.9% during the first quarter. Wellington Management Group LLP now owns 359,966 shares of the semiconductor company's stock worth $94,182,000 after purchasing an additional 234,929 shares during the last quarter. Finally, WCM Investment Management LLC grew its stake in ASML by 5.5% during the first quarter. WCM Investment Management LLC now owns 4,086,318 shares of the semiconductor company's stock worth $1,069,144,000 after buying an additional 212,676 shares during the period. 18.21% of the stock is owned by hedge funds and other institutional investors.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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