Shares of ASML Holding (NASDAQ:ASML - Get Free Report) fell 4.1% during mid-day trading on Thursday . The stock traded as low as $640.53 and last traded at $641.44. 793,304 shares traded hands during trading, a decline of 49% from the average session volume of 1,556,431 shares. The stock had previously closed at $669.01.
Analyst Ratings Changes
Several research analysts have weighed in on ASML shares. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lowered their price target on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Two research 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 company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $937.00.
Read Our Latest Stock Analysis on ASML
ASML Stock Performance
The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company's 50-day moving average is $716.73 and its two-hundred day moving average is $726.00. The stock has a market capitalization of $242.29 billion, a P/E ratio of 29.61, a P/E/G ratio of 1.62 and a beta of 1.67.
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%. As a group, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 28th will be given a $1.5855 dividend. The ex-dividend date of this dividend is Monday, April 28th. This is a positive change from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 31.35%.
Institutional Trading of ASML
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. increased its stake in shares of ASML by 4.8% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after acquiring an additional 14 shares during the period. Cyndeo Wealth Partners LLC increased its position in shares of ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company's stock valued at $2,223,000 after purchasing an additional 14 shares during the period. Trust Point Inc. raised its stake in shares of ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after buying an additional 14 shares in the last quarter. Sunpointe LLC lifted 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 valued at $772,000 after buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC boosted its stake in ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock valued at $923,000 after buying an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.
About ASML
(
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.
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