ASML (NASDAQ:ASML) Stock Price Down 6.2% - Should You Sell?

Shares of ASML Holding (NASDAQ:ASML - Get Free Report) fell 6.2% during trading on Monday . The company traded as low as $681.88 and last traded at $686.52. 803,576 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 1,511,783 shares. The stock had previously closed at $732.22.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research note on Friday, November 29th. Wells Fargo & Company lifted their price target on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a research report on Monday, January 13th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 target price on the stock. 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 issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.

ASML Trading Up 1.0 %

The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $271.54 billion, a P/E ratio of 33.18, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The business has a fifty day moving average price of $732.93 and a 200 day moving average price of $742.65.

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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 return on equity of 47.73% and a net margin of 26.78%. On average, analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th were paid a $1.5855 dividend. This is a positive change from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's payout ratio is presently 31.35%.

Hedge Funds Weigh In On ASML

Large investors have recently modified their holdings of the business. Carnegie Investment Counsel boosted its position in ASML by 68.9% during the fourth quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock valued at $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of ASML in the 4th quarter valued at approximately $1,174,000. Taurus Asset Management LLC bought a new position in shares of ASML in the third quarter valued at $16,994,000. State Street Corp increased its holdings in ASML by 5.2% during the third quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock worth $117,323,000 after buying an additional 7,010 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in ASML by 36.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company's stock worth $18,243,000 after buying an additional 7,073 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

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.

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