ASML (NASDAQ:ASML) Trading 0.6% Higher

ASML Holding (NASDAQ:ASML - Get Free Report)'s share price shot up 0.6% during mid-day trading on Wednesday . The stock traded as high as $921.75 and last traded at $920.90. 226,974 shares changed hands during trading, a decline of 81% from the average session volume of 1,173,645 shares. The stock had previously closed at $915.03.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of analyst reports. Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They set an "outperform" rating on the stock. Sanford C. Bernstein cut their target price on shares of ASML from $1,072.00 to $1,052.00 and set an "outperform" rating for the company in a research note on Friday, April 12th. Wells Fargo & Company upped their target price on shares of ASML from $1,050.00 to $1,150.00 and gave the company an "overweight" rating in a report on Tuesday, April 2nd. 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 report on Friday, January 26th. Finally, Raymond James upped their price objective on shares of ASML from $850.00 to $1,000.00 and gave the company a "strong-buy" rating in a research note on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, ASML has a consensus rating of "Moderate Buy" and a consensus target price of $1,036.00.

ASML Trading Up 2.4 %

The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $369.90 billion, a PE ratio of 47.88, a P/E/G ratio of 2.29 and a beta of 1.49. The business's fifty day moving average is $944.61 and its 200-day moving average is $833.32.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion during the quarter, compared to analysts' expectations of $5.73 billion. As a group, analysts anticipate that ASML Holding will post 20.04 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a $1.343 dividend. This represents a $5.37 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Friday, April 26th. ASML's dividend payout ratio is currently 32.53%.

Institutional Trading of ASML

Institutional investors and hedge funds have recently bought and sold shares of the business. Jennison Associates LLC increased its position in shares of ASML by 50.0% in the first quarter. Jennison Associates LLC now owns 1,719,153 shares of the semiconductor company's stock worth $1,668,386,000 after acquiring an additional 572,996 shares in the last quarter. Fayez Sarofim & Co acquired a new stake in ASML in the 1st quarter valued at $542,710,000. GQG Partners LLC raised its position in ASML by 21.6% in the first quarter. GQG Partners LLC now owns 1,657,878 shares of the semiconductor company's stock valued at $1,608,921,000 after purchasing an additional 294,784 shares during the period. Van ECK Associates Corp raised its position in ASML by 34.6% in the third quarter. Van ECK Associates Corp now owns 1,067,413 shares of the semiconductor company's stock valued at $628,344,000 after purchasing an additional 274,562 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of ASML by 48,040.7% in the fourth quarter. International Assets Investment Management LLC now owns 245,999 shares of the semiconductor company's stock worth $186,202,000 after buying an additional 245,488 shares during the period. Institutional investors and hedge funds own 26.07% of the company's stock.

ASML Company Profile

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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