ASML Holding N.V. (NASDAQ:ASML)‘s stock had its “neutral” rating reiterated by B. Riley in a research note issued on Monday. They presently have a $122.00 price objective on the semiconductor company’s stock. B. Riley’s price objective would suggest a potential downside of 12.81% from the company’s previous close.

ASML has been the topic of several other reports. Bank of America Corporation restated a “buy” rating and set a $165.00 price objective (up from $140.00) on shares of ASML Holding N.V. in a research report on Sunday, June 25th. Citigroup Inc. upgraded shares of ASML Holding N.V. from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 14th. Zacks Investment Research upgraded shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $144.00 price objective on the stock in a research report on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of ASML Holding N.V. in a research report on Wednesday, May 31st. Finally, Cowen and Company restated an “outperform” rating on shares of ASML Holding N.V. in a research report on Sunday, April 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $143.00.

ASML Holding N.V. (NASDAQ:ASML) opened at 139.92 on Monday. ASML Holding N.V. has a 12-month low of $98.71 and a 12-month high of $140.05.

ASML Holding N.V. (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 19th. The semiconductor company reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.13. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.82 billion. ASML Holding N.V. had a net margin of 23.27% and a return on equity of 18.64%. The company’s revenue was up 45.8% on a year-over-year basis. During the same period last year, the firm earned $0.46 EPS. Equities research analysts forecast that ASML Holding N.V. will post $4.54 EPS for the current year.

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A number of hedge funds have recently made changes to their positions in ASML. FMR LLC increased its stake in shares of ASML Holding N.V. by 345.0% in the first quarter. FMR LLC now owns 3,728,677 shares of the semiconductor company’s stock worth $495,168,000 after buying an additional 2,890,835 shares in the last quarter. BlackRock Inc. increased its stake in shares of ASML Holding N.V. by 1,837.0% in the first quarter. BlackRock Inc. now owns 2,544,452 shares of the semiconductor company’s stock worth $337,903,000 after buying an additional 2,413,090 shares in the last quarter. Artisan Partners Limited Partnership increased its stake in shares of ASML Holding N.V. by 31.8% in the first quarter. Artisan Partners Limited Partnership now owns 2,106,155 shares of the semiconductor company’s stock worth $279,697,000 after buying an additional 508,561 shares in the last quarter. Waddell & Reed Financial Inc. increased its stake in shares of ASML Holding N.V. by 860.7% in the first quarter. Waddell & Reed Financial Inc. now owns 1,990,999 shares of the semiconductor company’s stock worth $264,405,000 after buying an additional 1,783,759 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of ASML Holding N.V. by 235.7% in the second quarter. Fisher Asset Management LLC now owns 1,950,698 shares of the semiconductor company’s stock worth $254,196,000 after buying an additional 1,369,671 shares in the last quarter. Institutional investors own 16.44% of the company’s stock.

About ASML Holding N.V.

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 semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

Analyst Recommendations for ASML Holding N.V. (NASDAQ:ASML)

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