ASML (NASDAQ:ASML) Shares Up 0.1%

ASML Holding (NASDAQ:ASML)’s stock price traded up 0.1% during trading on Tuesday . The stock traded as high as $1,040.34 and last traded at $1,034.77. 187,183 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 1,126,601 shares. The stock had previously closed at $1,033.49.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ASML shares. Wells Fargo & Company increased their price target on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Sanford C. Bernstein cut their price target on 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. Finally, Evercore ISI started coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,043.00.

ASML Price Performance

The firm’s fifty day simple moving average is $964.40 and its 200 day simple moving average is $909.05. The firm has a market cap of $407.79 billion, a P/E ratio of 52.85, a P/E/G ratio of 2.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 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 business had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. As a group, analysts forecast that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is 32.48%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. First PREMIER Bank lifted its stake in ASML by 4.2% in the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after purchasing an additional 11 shares during the last quarter. Investment Partners LTD. increased its position in shares of ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after acquiring an additional 11 shares during the period. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after acquiring an additional 13 shares during the period. Slow Capital Inc. increased its position in shares of ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after acquiring an additional 13 shares during the period. Finally, Miracle Mile Advisors LLC increased its position in shares of ASML by 4.7% during the first quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock worth $279,000 after acquiring an additional 13 shares during the period. Institutional investors own 26.07% of the company’s stock.

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.