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

ASML Holding (NASDAQ:ASML) has been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $943.83.

ASML has been the subject of a number of recent analyst reports. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. JPMorgan Chase & Co. cut their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Susquehanna decreased their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Finally, Wells Fargo & Company cut their price objective on ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th.

Hedge Funds Weigh In On ASML

Institutional investors and hedge funds have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. grew its position in ASML by 2.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 5,977 shares of the semiconductor company’s stock valued at $4,980,000 after purchasing an additional 164 shares during the last quarter. SPX Gestao de Recursos Ltda purchased a new position in ASML in the third quarter worth about $4,166,000. Milestone Resources Group Ltd lifted its stake in shares of ASML by 0.6% in the third quarter. Milestone Resources Group Ltd now owns 14,115 shares of the semiconductor company’s stock worth $11,761,000 after buying an additional 91 shares in the last quarter. FFG Partners LLC purchased a new stake in shares of ASML during the third quarter valued at approximately $341,000. Finally, American Trust increased its position in shares of ASML by 191.3% during the third quarter. American Trust now owns 1,238 shares of the semiconductor company’s stock valued at $1,032,000 after acquiring an additional 813 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Trading Up 0.8 %

NASDAQ:ASML opened at $718.58 on Friday. The firm has a market capitalization of $282.71 billion, a P/E ratio of 37.62, a P/E/G ratio of 2.07 and a beta of 1.49. 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 company has a fifty day moving average of $709.10 and a 200 day moving average of $850.44. ASML has a 52 week low of $645.45 and a 52 week high of $1,110.09.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, research analysts predict that ASML will post 20.68 earnings per share for the current year.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio (DPR) is 29.21%.

ASML Company Profile

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.