Analysts Set ASML Holding N.V. (NASDAQ:ASML) Price Target at $1,772.62

Shares of ASML Holding N.V. (NASDAQ:ASML) have earned a consensus recommendation of “Moderate Buy” from the thirty-two analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty have given a buy rating and three have issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $1,854.1250.

Several analysts recently commented on the company. Morningstar cut ASML to a “sell” rating in a report on Wednesday, May 27th. Bank of America boosted their price target on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research note on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating on shares of ASML in a research report on Tuesday. Finally, Royal Bank Of Canada boosted their target price on shares of ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, April 16th.

Institutional Trading of ASML

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Orser Capital Management LLC bought a new stake in shares of ASML during the second quarter valued at approximately $3,092,000. Armstrong Henry H Associates Inc. lifted its holdings in shares of ASML by 7.2% in the 2nd quarter. Armstrong Henry H Associates Inc. now owns 8,355 shares of the semiconductor company’s stock worth $16,622,000 after purchasing an additional 558 shares in the last quarter. 55 North Private Wealth LLC grew its position in ASML by 35.1% in the 2nd quarter. 55 North Private Wealth LLC now owns 601 shares of the semiconductor company’s stock valued at $1,196,000 after purchasing an additional 156 shares during the period. Emprise Bank acquired a new stake in ASML in the 2nd quarter valued at $279,000. Finally, Evanson Financial LLC bought a new stake in ASML during the 2nd quarter valued at $822,000. 26.07% of the stock is owned by institutional investors.

ASML Stock Down 4.3%

Shares of NASDAQ ASML opened at $1,747.28 on Friday. The company has a market cap of $687.17 billion, a price-to-earnings ratio of 62.67, a PEG ratio of 1.39 and a beta of 1.78. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML has a 12 month low of $683.48 and a 12 month high of $1,999.96. The stock has a 50-day moving average price of $1,682.50 and a two-hundred day moving average price of $1,463.04.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. As a group, analysts forecast that ASML will post 36.62 earnings per share for the current fiscal year.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein and other analysts argued the market is underestimating ASML’s earnings power and lifted price targets, citing strong demand for EUV and High-NA systems. Bernstein Says the Street Is Badly Wrong on ASML
• Positive Sentiment: SK hynix’s planned spending on ASML’s EUV systems underscores persistent demand from major chipmakers investing in next-generation manufacturing tools. SK Hynix plans to spend 11.9T won to acquire ASML’s EUV systems
• Positive Sentiment: ASML continued share repurchases under its buyback program, signaling management confidence and adding support for the stock. ASML reports transactions under its current share buyback program
• Neutral Sentiment: Wall Street analyst coverage remains broadly favorable, but the latest “good investment” articles largely repackage existing consensus rather than revealing a new catalyst. Wall Street Analysts Think ASML (ASML) Is a Good Investment: Is It?
• Negative Sentiment: Geopolitical headlines around Dutch export curbs to China remain an overhang, creating policy risk for future sales and shipments. Dutch trade minister heads to China as Nexperia dispute and ASML curbs loom

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.