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ASML (NASDAQ:ASML) Shares Down 1.3% - What's Next?

ASML logo with Computer and Technology background

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) traded down 1.3% during trading on Monday . The company traded as low as $669.00 and last traded at $666.62. 283,533 shares changed hands during trading, a decline of 83% from the average session volume of 1,635,996 shares. The stock had previously closed at $675.64.

Analyst Ratings Changes

A number of research firms have recently commented on ASML. Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Wells Fargo & Company decreased their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.

View Our Latest Analysis on ASML

ASML Stock Performance

The firm's fifty day moving average price is $687.38 and its 200 day moving average price is $705.65. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market cap of $262.63 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. Sell-side analysts expect that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be issued a dividend of $1.5855 per share. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML's payout ratio is 27.48%.

Institutional Investors Weigh In On ASML

A number of institutional investors have recently modified their holdings of the business. Putney Financial Group LLC boosted its holdings in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 29 shares during the last quarter. Kennebec Savings Bank boosted its holdings in ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 25 shares during the period. Wellington Shields & Co. LLC raised its holdings in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in ASML in the fourth quarter valued at approximately $31,000. Finally, Albion Financial Group UT boosted its position 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 purchasing an additional 32 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Company Profile

(Get Free Report)

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.

See Also

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