ASML Holding (NASDAQ:ASML) Receives $937.00 Average PT from Analysts

Shares of ASML Holding (NASDAQ:ASML) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $937.00.

Several research firms have weighed in on ASML. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Sanford C. Bernstein lowered their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, JPMorgan Chase & Co. lowered 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 report on Thursday, January 30th.

Institutional Trading of ASML

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of ASML by 104.4% in the third quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after purchasing an additional 3,580 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of ASML by 4.3% in the third quarter. Harbour Investments Inc. now owns 415 shares of the semiconductor company’s stock valued at $346,000 after purchasing an additional 17 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of ASML by 25.9% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,906 shares of the semiconductor company’s stock valued at $10,754,000 after purchasing an additional 2,652 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of ASML by 2.8% in the third quarter. Victory Capital Management Inc. now owns 42,497 shares of the semiconductor company’s stock valued at $35,411,000 after purchasing an additional 1,166 shares during the last quarter. Finally, Curi RMB Capital LLC increased its holdings in shares of ASML by 6.9% in the third quarter. Curi RMB Capital LLC now owns 326 shares of the semiconductor company’s stock valued at $272,000 after purchasing an additional 21 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Trading Up 0.5 %

Shares of ASML stock opened at $734.91 on Monday. The stock has a market capitalization of $289.13 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a 50-day simple moving average of $731.54 and a 200 day simple moving average of $736.45. ASML has a 12-month low of $645.45 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its 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 47.73% and a net margin of 26.78%. Research analysts expect that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio is 31.35%.

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.