ASML (NASDAQ:ASML) Stock Price Down 0.5%

Shares of ASML Holding (NASDAQ:ASML) traded down 0.5% on Monday . The stock traded as low as $909.45 and last traded at $914.09. 235,010 shares were traded during trading, a decline of 81% from the average session volume of 1,228,495 shares. The stock had previously closed at $918.66.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ASML. Susquehanna boosted their target price on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Wells Fargo & Company upped their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Up 0.2 %

The company has a market capitalization of $363.11 billion, a PE ratio of 46.68, a PEG ratio of 1.87 and a beta of 1.49. The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average of $973.85 and a 200 day moving average of $955.06.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.37 earnings per share. Equities research analysts anticipate that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a $1.8732 dividend. This represents a $7.49 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend was Monday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.34. ASML’s dividend payout ratio is currently 28.50%.

Institutional Trading of ASML

Several institutional investors and hedge funds have recently made changes to their positions in ASML. Hilltop National Bank lifted its position in shares of ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after acquiring an additional 10 shares in the last quarter. First PREMIER Bank lifted its holdings in ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 11 shares in the last quarter. Investment Partners LTD. boosted its stake in shares of ASML by 1.2% during the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares during the last quarter. Valley National Advisers Inc. grew its holdings in shares of ASML by 1.1% during the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after buying an additional 12 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its position in shares of ASML by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after buying an additional 12 shares during 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.