ASML Holding (NASDAQ:ASML - Get Free Report)'s stock price dropped 0.3% on Thursday . The stock traded as low as $724.23 and last traded at $732.58. Approximately 311,410 shares changed hands during trading, a decline of 79% from the average daily volume of 1,518,440 shares. The stock had previously closed at $734.91.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the company. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target for the company. Sanford C. Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a research report on Friday, November 29th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. decreased 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, Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Two equities 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $937.00.
Check Out Our Latest Research Report on ASML
ASML Stock 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 company has a market capitalization of $281.78 billion, a price-to-earnings ratio of 34.43, a PEG ratio of 1.62 and a beta of 1.54. The firm's 50-day moving average price is $730.88 and its 200 day moving average price is $734.36.
ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The business also recently declared a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were paid a $1.5855 dividend. 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 presently 31.35%.
Hedge Funds Weigh In On ASML
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after buying an additional 25 shares in the last quarter. Wellington Shields & Co. LLC raised its holdings in ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT grew its holdings in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in ASML in the 4th quarter valued at approximately $39,000. 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.
See Also
Before you consider ASML, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASML wasn't on the list.
While ASML currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
