ASML Holding NV (ASML) Shares Gap Down to $103.34
Shares of ASML Holding NV (NASDAQ:ASML) gapped down before the market opened on Tuesday . The stock had previously closed at $103.20, but opened at $103.34. ASML Holding NV shares last traded at $104.83, with a volume of 479,291 shares changing hands.
ASML has been the subject of several analyst reports. B. Riley reiterated a “neutral” rating and set a $89.00 price objective on shares of ASML Holding NV in a report on Friday, June 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML Holding NV in a research note on Friday, June 17th. Bank of America Corp. restated a “buy” rating on shares of ASML Holding NV in a research note on Saturday, June 18th. Zacks Investment Research lowered ASML Holding NV from a “hold” rating to a “sell” rating in a research note on Tuesday, June 21st. Finally, Berenberg Bank restated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday, June 28th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. ASML Holding NV currently has a consensus rating of “Hold” and an average target price of $95.00.
The company has a market capitalization of $44.45 billion, a price-to-earnings ratio of 30.16 and a beta of 1.27. The firm’s 50-day moving average price is $106.76 and its 200-day moving average price is $100.63.
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ASML Holding NV (NASDAQ:ASML) last issued its earnings results on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The firm earned $1.74 billion during the quarter, compared to the consensus estimate of $1.71 billion. ASML Holding NV had a net margin of 19.26% and a return on equity of 14.09%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Equities research analysts expect that ASML Holding NV will post $3.60 earnings per share for the current fiscal year.
Institutional investors have recently modified their holdings of the company. Seven Bridges Advisors LLC increased its position in shares of ASML Holding NV by 23.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,927 shares of the company’s stock worth $191,000 after buying an additional 360 shares during the last quarter. IFP Advisors Inc increased its position in shares of ASML Holding NV by 17.0% in the first quarter. IFP Advisors Inc now owns 1,981 shares of the company’s stock worth $199,000 after buying an additional 288 shares during the last quarter. BTC Capital Management Inc. purchased a new position in shares of ASML Holding NV during the first quarter worth approximately $203,000. Checchi Capital Advisers LLC increased its position in shares of ASML Holding NV by 7.5% in the second quarter. Checchi Capital Advisers LLC now owns 2,369 shares of the company’s stock worth $235,000 after buying an additional 165 shares during the last quarter. Finally, Homrich & Berg purchased a new position in shares of ASML Holding NV during the second quarter worth approximately $241,000. Hedge funds and other institutional investors own 15.06% of the company’s stock.
ASML Holding NV Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.
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