ASML Holding (NASDAQ:ASML) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of ASML Holding (NASDAQ:ASML) have earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $937.00.

ASML has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday. Susquehanna dropped their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday.

ASML Stock Up 3.4 %

Shares of NASDAQ:ASML opened at $736.99 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $716.70 and its 200 day moving average is $778.07. The stock has a market cap of $289.95 billion, a P/E ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. Sell-side analysts predict that ASML will post 20.54 EPS for the current year.

Hedge Funds Weigh In On ASML

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ASML. Fairway Wealth LLC acquired a new position in shares of ASML in the third quarter valued at about $25,000. Kennebec Savings Bank increased its holdings in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the period. Milestone Investment Advisors LLC purchased a new position in ASML during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC lifted its stake in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares during the period. Finally, Albion Financial Group UT boosted its holdings in shares of ASML by 133.3% in the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 32 shares during the last quarter. Hedge funds and other 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.