ASML (NASDAQ:ASML) Upgraded by DZ Bank to "Buy" Rating

ASML (NASDAQ:ASML - Get Free Report) was upgraded by stock analysts at DZ Bank from a "hold" rating to a "buy" rating in a research report issued on Thursday, Marketbeat reports.

ASML has been the subject of several other research reports. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They issued an "outperform" rating and a $858.00 price target for the company. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Berenberg Bank upgraded ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Finally, Susquehanna cut their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a "positive" rating on the stock in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $937.00.

ASML Price Performance

NASDAQ ASML traded up $24.34 on Thursday, reaching $736.99. The company had a trading volume of 2,724,389 shares, compared to its average volume of 2,075,041. The stock has a market capitalization of $289.95 billion, a PE ratio of 38.59, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm's 50 day moving average price is $716.70 and its 200 day moving average price is $778.07.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, equities analysts predict that ASML will post 20.54 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Carnegie Investment Counsel lifted its holdings in shares of ASML by 68.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company's stock worth $1,475,000 after buying an additional 868 shares during the period. Central Pacific Bank Trust Division purchased a new stake in ASML in the fourth quarter worth about $1,174,000. Taurus Asset Management LLC bought a new position in ASML during the 3rd quarter worth about $16,994,000. State Street Corp increased its position in ASML by 5.2% during the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company's stock valued at $117,323,000 after purchasing an additional 7,010 shares during the period. Finally, Stockman Wealth Management Inc. raised its holdings in shares of ASML by 7.2% in the 3rd quarter. Stockman Wealth Management Inc. now owns 15,361 shares of the semiconductor company's stock valued at $12,800,000 after purchasing an additional 1,032 shares in the last quarter. Hedge funds and other 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.