ASML (NASDAQ:ASML) Shares Up 1.2%

ASML Holding (NASDAQ:ASML) shares were up 1.2% during trading on Friday . The stock traded as high as $1,048.81 and last traded at $1,040.53. Approximately 203,351 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 1,131,769 shares. The stock had previously closed at $1,028.01.

Analyst Ratings Changes

Several research analysts have recently commented on ASML shares. Wells Fargo & Company boosted their target price on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Evercore ISI started coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein reduced their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.

ASML Stock Performance

The firm has a fifty day simple moving average of $964.40 and a 200-day simple moving average of $907.83. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The stock has a market cap of $403.56 billion, a price-to-earnings ratio of 52.23, a P/E/G ratio of 2.17 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. Analysts forecast that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were paid a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 32.53%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. First PREMIER Bank lifted its stake in shares of 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 during the period. Investment Partners LTD. increased its position in shares of ASML by 1.2% in the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after buying an additional 11 shares in the last quarter. Toth Financial Advisory Corp increased its position in shares of ASML by 11.5% in the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after buying an additional 13 shares in the last quarter. Slow Capital Inc. increased its position in shares of ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after buying an additional 13 shares in the last quarter. Finally, Miracle Mile Advisors LLC increased its position in shares of ASML by 4.7% in the 1st quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock valued at $279,000 after buying an additional 13 shares in the last quarter. Institutional investors and hedge funds 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.