ASML (NASDAQ:ASML - Get Free Report) had its price objective decreased by research analysts at Susquehanna from $1,100.00 to $965.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a "positive" rating on the semiconductor company's stock. Susquehanna's price objective would suggest a potential upside of 50.74% from the stock's current price.
A number of other analysts also recently weighed in on the company. Wells Fargo & Company upped 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. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. Finally, 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 report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $906.00.
Read Our Latest Research Report on ASML
ASML Stock Performance
ASML traded up $5.23 during trading on Thursday, hitting $640.16. The stock had a trading volume of 1,439,309 shares, compared to its average volume of 1,627,415. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The firm has a market cap of $251.85 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 1.62 and a beta of 1.67. The company has a 50 day moving average price of $697.51 and a 200-day moving average price of $713.47. ASML has a one year low of $578.51 and a one year high of $1,110.09.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. As a group, research analysts predict that ASML will post 25.17 EPS for the current year.
Institutional Investors Weigh In On ASML
A number of hedge funds and other institutional investors have recently bought and sold shares of ASML. Steigerwald Gordon & Koch Inc. grew its holdings in ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company's stock worth $211,000 after acquiring an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC grew its stake 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 worth $2,223,000 after purchasing an additional 14 shares during the last quarter. Trust Point Inc. raised its position in ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company's stock worth $420,000 after purchasing an additional 14 shares during the last quarter. Sunpointe LLC lifted 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 buying an additional 14 shares during the period. Finally, Wealth Quarterback LLC grew its position in shares of 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 buying an additional 15 shares during the last quarter. 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.
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