ASML Holding NV (NASDAQ:ASML) Given Average Recommendation of “Hold” by Analysts
Shares of ASML Holding NV (NASDAQ:ASML) have received an average recommendation of “Hold” from the nineteen ratings firms that are presently covering the firm. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $94.88.
ASML has been the topic of a number of recent research reports. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML Holding NV in a research note on Thursday, June 23rd. Deutsche Bank AG reiterated a “hold” rating on shares of ASML Holding NV in a research note on Wednesday, August 17th. Berenberg Bank reiterated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday, July 5th. Bank of America Corp. lowered ASML Holding NV from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $112.00 to $99.00 in a research note on Wednesday, August 17th. Finally, Zacks Investment Research upgraded ASML Holding NV from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd.
Several large investors have recently added to or reduced their stakes in the stock. Creative Planning increased its stake in ASML Holding NV by 3.9% in the second quarter. Creative Planning now owns 2,657 shares of the company’s stock valued at $264,000 after buying an additional 99 shares during the period. Geneva Advisors LLC increased its stake in ASML Holding NV by 0.6% in the second quarter. Geneva Advisors LLC now owns 21,182 shares of the company’s stock valued at $2,101,000 after buying an additional 124 shares during the period. Checchi Capital Advisers LLC increased its stake in ASML Holding NV by 7.5% in the second quarter. Checchi Capital Advisers LLC now owns 2,369 shares of the company’s stock valued at $235,000 after buying an additional 165 shares during the period. Glenmede Trust Co. NA increased its stake in ASML Holding NV by 1.5% in the second quarter. Glenmede Trust Co. NA now owns 16,352 shares of the company’s stock valued at $1,621,000 after buying an additional 247 shares during the period. Finally, IFP Advisors Inc increased its stake in ASML Holding NV by 17.0% in the first quarter. IFP Advisors Inc now owns 1,981 shares of the company’s stock valued at $199,000 after buying an additional 288 shares during the period. 15.06% of the stock is currently owned by institutional investors.
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ASML Holding NV (NASDAQ:ASML) traded up 0.87% during trading on Wednesday, reaching $105.79. The company’s stock had a trading volume of 673,252 shares. ASML Holding NV has a 1-year low of $77.17 and a 1-year high of $111.58. The stock has a market cap of $44.84 billion, a P/E ratio of 30.43 and a beta of 1.27. The company’s 50 day moving average price is $106.76 and its 200-day moving average price is $100.63.
ASML Holding NV (NASDAQ:ASML) last announced its earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.71 billion. ASML Holding NV had a return on equity of 14.09% and a net margin of 19.26%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 earnings per share. Equities analysts forecast that ASML Holding NV will post $3.60 earnings per share for the current fiscal year.
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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