ASML Holding (NASDAQ:ASML) Receives $937.00 Average Price Target from Brokerages

ASML Holding (NASDAQ:ASML - Get Free Report) has received an average rating of "Moderate Buy" from the eleven analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $937.00.

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

ASML Stock Up 2.3 %

NASDAQ:ASML traded up $16.52 during trading hours on Thursday, hitting $746.71. The stock had a trading volume of 779,543 shares, compared to its average volume of 1,757,172. The company has a market cap of $293.77 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. The business has a 50 day simple moving average of $732.79 and a two-hundred day simple moving average of $756.35. ASML has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts' consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Analysts predict that ASML will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is a boost from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's dividend payout ratio (DPR) is currently 31.35%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ASML. Allspring Global Investments Holdings LLC raised its position in shares of ASML by 34.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,823 shares of the semiconductor company's stock valued at $4,852,000 after purchasing an additional 1,503 shares during the period. Trilogy Capital Inc. acquired a new position in ASML in the 3rd quarter worth about $215,000. Eastern Bank lifted its holdings in shares of ASML by 4.9% during the third quarter. Eastern Bank now owns 648 shares of the semiconductor company's stock worth $540,000 after purchasing an additional 30 shares during the period. Leo Wealth LLC boosted its holdings in ASML by 19.4% in the third quarter. Leo Wealth LLC now owns 430 shares of the semiconductor company's stock valued at $358,000 after acquiring an additional 70 shares during the last quarter. Finally, Waldron Private Wealth LLC lifted its stake in ASML by 26.7% in the third quarter. Waldron Private Wealth LLC now owns 536 shares of the semiconductor company's stock valued at $447,000 after buying an additional 113 shares during the period. 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.