ASML Holding (NASDAQ:ASML - Get Free Report)'s stock price was down 0.4% on Wednesday . The stock traded as low as $725.06 and last traded at $728.41. Approximately 255,854 shares changed hands during trading, a decline of 83% from the average daily volume of 1,517,179 shares. The stock had previously closed at $731.11.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on ASML shares. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a report on Monday, January 13th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. JPMorgan Chase & Co. lowered their price target 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. Finally, BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. Two 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $937.00.
Read Our Latest Stock Report on ASML
ASML Trading Down 2.4 %
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 stock has a market capitalization of $281.78 billion, a P/E ratio of 34.43, a P/E/G ratio of 1.62 and a beta of 1.54. The business has a 50-day moving average price of $730.88 and a two-hundred day moving average price of $735.13.
ASML (NASDAQ:ASML - Get Free Report) last posted 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 return on equity of 47.73% and a net margin of 26.78%. On average, 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 was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio is presently 31.35%.
Hedge Funds Weigh In On ASML
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Edgewood Management LLC increased its stake in shares of ASML by 43.1% in the fourth 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 boosted its position in shares of ASML by 1.0% during 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 purchasing an additional 31,879 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of ASML by 1.8% during 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 purchasing an additional 31,231 shares in the last quarter. Clearbridge Investments LLC boosted its position in shares of ASML by 2.8% during the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock valued at $868,324,000 after purchasing an additional 33,603 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its position in shares of ASML by 1.4% during the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock valued at $667,155,000 after purchasing an additional 13,115 shares in the last quarter. Institutional investors and hedge funds 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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