Shares of ASML Holding (NASDAQ:ASML - Get Free Report) traded down 2.6% on Friday . The company traded as low as $711.21 and last traded at $715.24. 464,738 shares were traded during trading, a decline of 69% from the average session volume of 1,520,934 shares. The stock had previously closed at $734.06.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on ASML shares. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price objective for the company. Sanford C. Bernstein lowered their target price on ASML from $815.00 to $767.00 and set an "outperform" rating on the stock in a report on Friday, November 29th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Finally, Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Two equities 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $937.00.
View Our Latest Stock Report on ASML
ASML Trading Up 1.8 %
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 stock has a market capitalization of $286.76 billion, a PE ratio of 35.06, a P/E/G ratio of 1.62 and a beta of 1.54. The business's fifty day moving average is $730.88 and its 200-day moving average is $733.81.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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%. As a group, analysts anticipate 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. Stockholders of record on Tuesday, February 11th were issued a dividend of $1.5855 per share. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML's previous dividend of $1.08. ASML's payout ratio is presently 31.35%.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Kennebec Savings Bank raised its stake in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 25 shares during the period. Wellington Shields & Co. LLC raised its position in ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML during the fourth quarter worth about $31,000. Brooklyn Investment Group purchased a new stake in shares of ASML in the third quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of ASML in the third quarter valued at about $43,000. Hedge funds and other institutional investors own 26.07% of the company's stock.
ASML Company Profile
(
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.
Further Reading
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