ASML (NASDAQ:ASML) Trading Up 1.9% - Here's Why

ASML Holding (NASDAQ:ASML - Get Free Report) shares traded up 1.9% during trading on Monday . The company traded as high as $731.95 and last traded at $730.02. 284,302 shares changed hands during trading, a decline of 81% from the average session volume of 1,526,491 shares. The stock had previously closed at $716.22.

Analysts Set New Price Targets

A number of research firms have issued reports on ASML. Wells Fargo & Company increased their target price 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 note on Thursday, January 30th. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target for the company. JPMorgan Chase & Co. dropped 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 research report on Thursday, January 30th. Finally, Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a research report on Friday, November 29th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $937.00.

ASML Trading Down 2.2 %

The stock has a market cap of $271.46 billion, a P/E ratio of 33.17, a PEG ratio of 1.62 and a beta of 1.54. The business's 50 day simple moving average is $730.29 and its 200 day simple moving average is $732.96. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

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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 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%. On average, analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal 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 issued a dividend of $1.5855 per share. This is an increase from ASML's previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML's dividend payout ratio (DPR) is currently 31.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. raised its position in ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock valued at $211,000 after purchasing an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its holdings in shares of ASML by 0.4% in 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 last quarter. Trust Point Inc. raised its holdings in shares of ASML by 2.4% in 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 grew its holdings in ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after acquiring an additional 14 shares during the last quarter. Finally, Wealth Quarterback LLC increased its position in ASML by 1.1% in the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock valued at $923,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

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.