ASML (NASDAQ:ASML) Shares Up 0.2%

ASML Holding (NASDAQ:ASML) was up 0.2% on Tuesday . The stock traded as high as $989.39 and last traded at $981.02. Approximately 205,078 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,245,980 shares. The stock had previously closed at $978.93.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ASML shares. HSBC started coverage on ASML in a report on Thursday, February 22nd. They issued a “buy” rating on the stock. Susquehanna increased their price target on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. JPMorgan Chase & Co. raised their price objective on ASML from $726.00 to $878.00 and gave the stock an “overweight” rating in a report on Thursday, November 30th. Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Finally, Raymond James raised their price objective on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $962.60.

ASML Price Performance

The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The firm has a market cap of $384.33 billion, a P/E ratio of 45.28, a PEG ratio of 2.34 and a beta of 1.49. The firm has a 50-day simple moving average of $919.52 and a 200-day simple moving average of $750.25.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping analysts’ consensus estimates 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 68.32% and a net margin of 28.44%. As a group, analysts forecast that ASML Holding will post 20.48 EPS for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.55%. ASML’s payout ratio is 24.59%.

Institutional Trading of ASML

A number of institutional investors have recently made changes to their positions in ASML. HighPoint Advisor Group LLC acquired a new stake in ASML during the 4th quarter worth about $2,024,000. PNC Financial Services Group Inc. raised its stake in shares of ASML by 4.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 32,811 shares of the semiconductor company’s stock valued at $24,835,000 after buying an additional 1,259 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its stake in shares of ASML by 40.9% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 10,129 shares of the semiconductor company’s stock valued at $7,667,000 after buying an additional 2,938 shares during the last quarter. Leo Wealth LLC purchased a new position in shares of ASML during the 4th quarter valued at about $215,000. Finally, MONECO Advisors LLC purchased a new position in shares of ASML during the 4th quarter valued at about $244,000. 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.