UBS Group Reaffirms "Buy" Rating for ASML (NASDAQ:ASML)

Key Points

• UBS Group has reaffirmed a "buy" rating for ASML, indicating confidence in the company's potential for growth.
• Despite missing earnings expectations for the last quarter, ASML reported a revenue of $8.94 billion, exceeding analyst estimates.
• Multiple analysts have given ASML a consensus rating of "Moderate Buy" with an average price target of $923.80.

ASML (NASDAQ:ASML - Get Free Report)'s stock had its "buy" rating restated by investment analysts at UBS Group in a report issued on Wednesday,MarketScreener reports.

Several other equities research analysts also recently issued reports on ASML. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ASML in a report on Tuesday. Jefferies Financial Group lowered shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. DZ Bank reaffirmed a "neutral" rating on shares of ASML in a report on Thursday, September 25th. Wells Fargo & Company increased their price objective on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Finally, Barclays reaffirmed an "overweight" rating on shares of ASML in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $923.80.

ASML Stock Performance

Shares of NASDAQ ASML opened at $968.09 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. ASML has a one year low of $578.51 and a one year high of $977.48. The firm has a market capitalization of $380.87 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 1.63 and a beta of 1.80. The business has a fifty day simple moving average of $787.89 and a 200 day simple moving average of $747.14.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same period in the previous year, the business earned $4.01 earnings per share. The business's quarterly revenue was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that ASML will post 25.17 EPS for the current year.

Institutional Trading of ASML

Several hedge funds have recently modified their holdings of ASML. Corient Private Wealth LLC raised its stake in ASML by 1.8% during the second quarter. Corient Private Wealth LLC now owns 222,488 shares of the semiconductor company's stock valued at $178,300,000 after purchasing an additional 3,840 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of ASML during the 2nd quarter worth about $461,000. Watts Gwilliam & Co. LLC purchased a new stake in shares of ASML during the second quarter valued at $233,000. Canal Capital Management LLC boosted its holdings in shares of ASML by 10.8% in the second quarter. Canal Capital Management LLC now owns 7,857 shares of the semiconductor company's stock valued at $6,296,000 after purchasing an additional 764 shares during the period. Finally, Silicon Valley Capital Partners raised its stake in ASML by 118.8% in the second quarter. Silicon Valley Capital Partners now owns 70 shares of the semiconductor company's stock valued at $56,000 after buying an additional 38 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

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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