ASML Holding (NASDAQ:ASML - Get Free Report)'s share price rose 1.2% during mid-day trading on Monday . The stock traded as high as $725.30 and last traded at $722.34. Approximately 334,072 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 1,517,894 shares. The stock had previously closed at $714.00.
Analyst Upgrades and Downgrades
ASML has been the subject of several recent analyst reports. Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their target price on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus price target of $937.00.
View Our Latest Stock Analysis on ASML
ASML Trading Down 0.1 %
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 firm has a market cap of $288.80 billion, a PE ratio of 35.29, a P/E/G ratio of 1.62 and a beta of 1.54. The company's 50-day moving average is $731.34 and its 200 day moving average is $736.43.
ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate 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 predict that ASML Holding 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. Investors of record on Tuesday, February 11th were given a $1.5855 dividend. The ex-dividend date of this dividend was Tuesday, February 11th. This is an increase from ASML's previous dividend of $1.08. ASML's dividend payout ratio is 31.35%.
Institutional Investors Weigh In On ASML
Several hedge funds have recently made changes to their positions in the company. Edgewood Management LLC increased its stake in ASML by 43.1% in the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after buying an additional 959,696 shares during the period. Fisher Asset Management LLC increased its stake in ASML by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 3,186,222 shares of the semiconductor company's stock valued at $2,654,921,000 after buying an additional 31,879 shares during the period. Van ECK Associates Corp increased its stake in ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock valued at $1,239,421,000 after buying an additional 31,231 shares during the period. Clearbridge Investments LLC increased its stake in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after buying an additional 33,603 shares during the period. Finally, Neuberger Berman Group LLC increased its stake in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after buying an additional 13,115 shares during the period. Hedge funds and other institutional investors own 26.07% of the company's stock.
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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