ASML (NASDAQ:ASML) Trading Down 1.8% - Time to Sell?

ASML Holding (NASDAQ:ASML - Get Free Report)'s share price dropped 1.8% during trading on Friday . The stock traded as low as $678.88 and last traded at $677.87. Approximately 306,811 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,530,147 shares. The stock had previously closed at $690.63.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ASML shares. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, ASML presently has a consensus rating of "Moderate Buy" and an average price target of $937.00.

ASML Trading Down 1.8 %

The company has a market cap of $260.69 billion, a PE ratio of 31.86, a P/E/G ratio of 1.62 and a beta of 1.54. The stock's 50 day moving average is $727.46 and its 200-day moving average is $731.53. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20.

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ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS 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%. As a group, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be issued a dividend of $1.5855 per share. The ex-dividend date is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio is presently 31.35%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. boosted its stake in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC boosted its position in shares of ASML by 0.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after buying an additional 14 shares during the period. Trust Point Inc. grew its stake in shares of ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock valued at $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC raised its holdings in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC lifted its stake in shares of ASML by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

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.