Weiss Ratings Reiterates Hold (C+) Rating for ASML (NASDAQ:ASML)

Key Points

• Weiss Ratings has reiterated a hold (C+) rating for ASML, amidst a mixed outlook from various analysts including Jefferies, Morningstar, and Erste Group Bank, indicating a consensus of Moderate Buy with a target price of $938.80.
• ASML shares recently traded down by 1.4% to $987.81, with a substantial trading volume of nearly 1.94 million shares compared to its average.
• The company's latest quarterly earnings showed an EPS miss at $4.55, compared to analysts' expectations of $5.94, although revenue exceeded estimates at $8.94 billion.

ASML (NASDAQ:ASML - Get Free Report)'s stock had its "hold (c+)" rating reiterated by investment analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities analysts have also issued reports on the company. Jefferies Financial Group lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday, June 26th. Morningstar lowered ASML to a "hold" rating in a report on Thursday, September 18th. Erste Group Bank raised ASML from a "hold" rating to a "buy" rating in a report on Monday, September 22nd. New Street Research reaffirmed a "neutral" rating on shares of ASML in a report on Monday. Finally, Wells Fargo & Company raised their price target on ASML from $840.00 to $890.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $938.80.

ASML Trading Down 1.4%

ASML stock traded down $14.49 during mid-day trading on Wednesday, hitting $987.81. The company's stock had a trading volume of 1,943,191 shares, compared to its average volume of 1,701,198. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The stock's fifty day moving average is $818.08 and its two-hundred day moving average is $757.31. ASML has a 1 year low of $578.51 and a 1 year high of $1,059.00. The firm has a market capitalization of $388.62 billion, a PE ratio of 41.23, a price-to-earnings-growth ratio of 1.76 and a beta of 1.87.

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

Institutional Trading of ASML

Several institutional investors have recently made changes to their positions in ASML. Princeton Global Asset Management LLC lifted its holdings in ASML by 153.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company's stock worth $26,000 after buying an additional 20 shares in the last quarter. Binnacle Investments Inc grew its position in shares of ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company's stock valued at $27,000 after buying an additional 15 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in shares of ASML during the 2nd quarter valued at about $30,000. Putney Financial Group LLC grew its position in ASML by 322.2% in the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Finally, Washington Trust Advisors Inc. boosted its holdings in shares of ASML by 129.4% in the second quarter. Washington Trust Advisors Inc. now owns 39 shares of the semiconductor company's stock valued at $31,000 after acquiring an additional 22 shares in the last quarter. 26.07% 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.