ASML Holding N.V. (NASDAQ:ASML) was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a report issued on Thursday.

Several other brokerages have also weighed in on ASML. Zacks Investment Research raised shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $191.00 price objective on the stock in a research report on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $155.00 price objective on shares of ASML Holding N.V. in a research report on Tuesday, October 3rd. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of ASML Holding N.V. in a research report on Tuesday, October 3rd. Bank of America Corporation reaffirmed a “buy” rating and set a $210.00 price objective on shares of ASML Holding N.V. in a research report on Tuesday, October 3rd. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $184.00 price target (up previously from $172.50) on shares of ASML Holding N.V. in a research report on Thursday, September 21st. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. ASML Holding N.V. presently has an average rating of “Buy” and a consensus price target of $182.00.

ASML Holding N.V. (ASML) traded up 0.20% during midday trading on Thursday, hitting $173.25. 1,172,561 shares of the stock traded hands. ASML Holding N.V. has a 1-year low of $98.71 and a 1-year high of $174.89. The firm has a market cap of $74.59 billion, a P/E ratio of 32.77 and a beta of 1.13. The company has a 50-day moving average price of $163.11 and a 200-day moving average price of $144.04.

ASML Holding N.V. (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 19th. The semiconductor company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. ASML Holding N.V. had a net margin of 23.69% and a return on equity of 18.48%. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 earnings per share. Analysts predict that ASML Holding N.V. will post $5.01 EPS for the current year.

ASML Holding N.V. announced that its Board of Directors has initiated a stock repurchase program on Wednesday, July 19th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the semiconductor company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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Institutional investors have recently made changes to their positions in the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of ASML Holding N.V. in the first quarter worth $1,504,000. Eaton Vance Management grew its stake in shares of ASML Holding N.V. by 22.8% in the second quarter. Eaton Vance Management now owns 20,574 shares of the semiconductor company’s stock worth $2,681,000 after acquiring an additional 3,822 shares during the last quarter. Credit Suisse AG grew its stake in shares of ASML Holding N.V. by 25.9% in the first quarter. Credit Suisse AG now owns 39,669 shares of the semiconductor company’s stock worth $5,268,000 after acquiring an additional 8,158 shares during the last quarter. Fisher Asset Management LLC grew 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 acquiring an additional 1,369,671 shares during the last quarter. Finally, Winslow Capital Management LLC acquired a new stake in shares of ASML Holding N.V. in the second quarter worth $188,068,000. Institutional investors and hedge funds own 16.09% of the company’s stock.

ASML Holding N.V. 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 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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