ASML Holding (NASDAQ:ASML - Get Free Report) shares rose 1.7% during mid-day trading on Tuesday . The company traded as high as $637.90 and last traded at $626.46. Approximately 760,854 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 1,749,908 shares. The stock had previously closed at $615.84.
Wall Street Analyst Weigh In
Several research firms have recently commented on ASML. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research note on Thursday, January 30th. Two equities 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 stock. Based on data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus price target of $937.00.
Check Out Our Latest Analysis on ASML
ASML Stock Performance
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 firm's fifty day moving average price is $706.22 and its 200 day moving average price is $718.97. The stock has a market capitalization of $263.12 billion, a price-to-earnings ratio of 32.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.67.
ASML (NASDAQ:ASML - Get Free Report) last released 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 return on equity of 47.73% and a net margin of 26.78%. Analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.
ASML Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be given a dividend of $1.5855 per share. The ex-dividend date is Monday, April 28th. This is a boost from ASML's previous dividend of $1.08. ASML's dividend payout ratio is currently 31.35%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in ASML. Morse Asset Management Inc purchased a new stake in shares of ASML during the third quarter worth $52,000. State Street Corp increased its holdings in ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock worth $117,323,000 after purchasing an additional 7,010 shares during the period. Nomura Asset Management Co. Ltd. raised its position in ASML by 22.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 3,543 shares of the semiconductor company's stock valued at $2,952,000 after purchasing an additional 641 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of ASML by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 80,290 shares of the semiconductor company's stock valued at $66,902,000 after buying an additional 3,100 shares during the period. Finally, Toronto Dominion Bank grew its position in shares of ASML by 42.0% during the third quarter. Toronto Dominion Bank now owns 1,615 shares of the semiconductor company's stock worth $1,346,000 after buying an additional 478 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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