ASML (NASDAQ:ASML) Shares Climb 1.6% - Should You Buy?

Key Points

• ASML shares rose 1.6% to $1,771.41, with trading volume below the recent average. The stock’s market capitalization is approximately $696.7 billion and its P/E ratio is 55.12.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $1,970.33. Ratings include 22 Buy or Strong Buy recommendations, five Holds, and three Sells.
• ASML reported quarterly EPS of $8.65 on $10.62 billion in revenue, with a 30.11% net margin and 52.71% return on equity. Its quarterly dividend was reduced to $2.1507, producing an annualized yield of roughly 0.5%.

ASML Holding N.V. (NASDAQ:ASML - Get Free Report) shares traded up 1.6% on Monday. The company traded as high as $1,784.56 and last traded at $1,771.41. Approximately 1,366,263 shares changed hands during trading, a decline of 23% from the average session volume of 1,766,620 shares. The stock had previously closed at $1,743.94.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley reissued an "overweight" rating on shares of ASML in a research report on Tuesday, July 7th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of ASML in a research report on Monday, September 14th. Jefferies Financial Group reiterated a "neutral" rating on shares of ASML in a research note on Monday, June 1st. Wall Street Zen lowered ASML from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ASML in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average price target of $1,970.33.

ASML Trading Up 1.6%

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.33 and a quick ratio of 0.80. The company's fifty day moving average is $1,716.93 and its 200-day moving average is $1,629.65. The stock has a market cap of $696.66 billion, a PE ratio of 55.12, a PEG ratio of 0.88 and a beta of 1.79.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The company had revenue of $10.62 billion for the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, analysts predict that ASML Holding N.V. will post 44.03 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, July 28th were paid a $2.1507 dividend. The ex-dividend date was Tuesday, July 28th. This is a negative change from ASML's previous quarterly dividend of $3.1771. This represents a $8.60 dividend on an annualized basis and a dividend yield of 0.5%. ASML's dividend payout ratio (DPR) is currently 22.62%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Cornerstone Financial Management LLC acquired a new stake in shares of ASML during the 4th quarter worth approximately $26,000. NBH Bank acquired a new position in shares of ASML in the 2nd quarter valued at $26,000. Field & Main Bank acquired a new position in shares of ASML in the 2nd quarter valued at $30,000. Portus Wealth Advisors LLC purchased a new stake in ASML during the first quarter worth $32,000. Finally, Evolution Wealth Management Inc. purchased a new stake in ASML during the fourth quarter worth $33,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Company Profile

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML's product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.

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