ASML Holding N.V. (NASDAQ:ASML) had its price objective lifted by research analysts at Royal Bank Of Canada from $135.00 to $155.00 in a report released on Thursday. The brokerage presently has a “sector perform” rating on the semiconductor company’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 2.90% from the stock’s previous close.

Other research analysts also recently issued reports about the company. B. Riley reiterated a “neutral” rating and issued a $122.00 price target on shares of ASML Holding N.V. in a report on Thursday, April 20th. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML Holding N.V. in a report on Wednesday, June 7th. Zacks Investment Research downgraded ASML Holding N.V. from a “buy” rating to a “hold” rating in a report on Monday, June 26th. Stifel Nicolaus upgraded ASML Holding N.V. from a “hold” rating to a “buy” rating in a report on Thursday, April 20th. Finally, Cowen and Company reiterated an “outperform” rating on shares of ASML Holding N.V. in a report on Sunday, April 23rd. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. ASML Holding N.V. presently has a consensus rating of “Buy” and an average price target of $148.00.

Shares of ASML Holding N.V. (NASDAQ:ASML) opened at 150.63 on Thursday. ASML Holding N.V. has a 12-month low of $98.71 and a 12-month high of $150.82.

ASML Holding N.V. (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, July 19th. The semiconductor company reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.02. ASML Holding N.V. had a return on equity of 18.64% and a net margin of 23.27%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the business posted $0.83 EPS. The business’s revenue was up 20.7% compared to the same quarter last year. On average, analysts expect that ASML Holding N.V. will post $4.54 EPS for the current fiscal year.

ASML Holding N.V. announced that its Board of Directors has approved a share buyback program on Wednesday, July 19th that permits the company to buyback shares. This buyback authorization permits the semiconductor company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board believes its stock is undervalued.

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Hedge funds have recently modified their holdings of the company. FMR LLC increased its stake in 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 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. Waddell & Reed Financial Inc. increased its stake in 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. Fisher Asset Management LLC increased its stake in 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. Finally, Artisan Partners Limited Partnership increased its stake in 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. 16.44% of the stock is owned by institutional investors.

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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