ASML Holding (NASDAQ:ASML) Receives $906.00 Consensus Price Target from Analysts

ASML Holding (NASDAQ:ASML) has been given an average recommendation of “Moderate Buy” by the eleven analysts that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $906.00.

Several equities analysts have weighed in on ASML shares. Barclays reaffirmed an “equal weight” rating on shares of ASML in a report on Tuesday. Susquehanna lowered their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Wells Fargo & Company lowered their price target on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of ASML in a report on Monday, May 19th.

Hedge Funds Weigh In On ASML

Several large investors have recently bought and sold shares of the company. Cim LLC raised its holdings in ASML by 8.9% in the 1st quarter. Cim LLC now owns 2,641 shares of the semiconductor company’s stock valued at $1,750,000 after buying an additional 216 shares during the last quarter. First Hawaiian Bank increased its position in ASML by 27.1% in the 1st quarter. First Hawaiian Bank now owns 1,288 shares of the semiconductor company’s stock valued at $853,000 after acquiring an additional 275 shares during the period. Invst LLC bought a new position in shares of ASML during the first quarter valued at $386,000. Modern Wealth Management LLC lifted its holdings in shares of ASML by 19.2% during the first quarter. Modern Wealth Management LLC now owns 2,807 shares of the semiconductor company’s stock worth $1,861,000 after purchasing an additional 453 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of ASML by 12.7% during the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company’s stock worth $5,571,000 after purchasing an additional 947 shares during the period. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ ASML opened at $753.02 on Friday. The stock has a market capitalization of $296.25 billion, a PE ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The business has a fifty day moving average price of $694.72 and a two-hundred day moving average price of $710.91. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts predict that ASML will post 25.17 earnings per share for the current fiscal year.

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.