ASML Holding (NASDAQ:ASML - Get Free Report) shares traded up 0.9% during mid-day trading on Monday . The company traded as high as $873.30 and last traded at $867.12. 324,001 shares traded hands during trading, a decline of 74% from the average session volume of 1,241,157 shares. The stock had previously closed at $859.54.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the company. Evercore ISI began coverage on ASML in a research report on Tuesday, April 16th. They set an "outperform" rating for the company. Susquehanna lifted their price target on shares of ASML from $830.00 to $1,100.00 and gave the stock a "positive" rating in a research note on Friday, January 26th. Raymond James boosted their target price on ASML from $850.00 to $1,000.00 and gave the company a "strong-buy" rating in a research note on Thursday, January 25th. Sanford C. Bernstein reduced their price target on ASML from $1,072.00 to $1,052.00 and set an "outperform" rating on the stock in a research report on Friday, April 12th. Finally, Cantor Fitzgerald assumed coverage on ASML in a research report on Tuesday, January 23rd. They issued an "overweight" rating for the company. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $1,036.00.
Check Out Our Latest Stock Analysis on ASML
ASML Trading Up 1.5 %
The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The company has a market cap of $344.10 billion, a P/E ratio of 44.54, a PEG ratio of 2.11 and a beta of 1.49. The stock's 50 day moving average is $958.18 and its 200-day moving average is $796.71.
ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. The firm had revenue of $7.79 billion during the quarter, compared to analysts' expectations of $7.34 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Research analysts anticipate that ASML Holding will post 20.31 earnings per share for the current fiscal year.
ASML Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be paid a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Friday, April 26th. ASML's dividend payout ratio is presently 27.02%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Carmel Capital Partners LLC raised its holdings in ASML by 200.0% during the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 30 shares during the period. Addison Advisors LLC lifted its holdings in ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 33 shares in the last quarter. WD Rutherford LLC bought a new position in ASML in the 1st quarter worth approximately $29,000. Beaird Harris Wealth Management LLC purchased a new stake in ASML during the 4th quarter valued at approximately $34,000. Finally, Creative Financial Designs Inc. ADV raised its position in shares of ASML by 48.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company's stock valued at $35,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.
About ASML
(
Get Free Report)
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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