ASML Holding N.V. (NASDAQ:ASML) Given Average Rating of “Moderate Buy” by Brokerages

ASML Holding N.V. (NASDAQ:ASMLGet Free Report) has received an average rating of “Moderate Buy” from the twenty-eight research firms that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $1,270.6667.

Several equities research analysts have commented on ASML shares. Zacks Research lowered ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. New Street Research reiterated a “neutral” rating on shares of ASML in a report on Monday, October 6th. Barclays restated a “neutral” rating on shares of ASML in a report on Wednesday, December 17th. Rothschild & Co Redburn raised shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday, November 7th. Finally, Redburn Partners set a $1,200.00 target price on shares of ASML in a research note on Friday, November 7th.

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ASML Stock Up 6.7%

Shares of ASML opened at $1,273.88 on Friday. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,282.00. The company’s fifty day moving average is $1,075.08 and its two-hundred day moving average is $925.30. The firm has a market cap of $500.99 billion, a PE ratio of 51.85, a price-to-earnings-growth ratio of 1.89 and a beta of 1.86. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASMLGet Free Report) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a return on equity of 47.74% and a net margin of 27.08%.The business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the firm posted $5.28 EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis. Analysts forecast that ASML will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th were given a $1.857 dividend. This represents a $7.43 annualized dividend and a yield of 0.6%. This is a boost from ASML’s previous quarterly dividend of $1.86. The ex-dividend date of this dividend was Wednesday, October 29th. ASML’s dividend payout ratio is 25.80%.

Institutional Investors Weigh In On ASML

Large investors have recently modified their holdings of the stock. Capstone Wealth Management Group LLC raised its stake in shares of ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the period. AQR Capital Management LLC grew its holdings in ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in ASML during the 1st quarter worth $212,000. Finally, Geneos Wealth Management Inc. lifted its holdings in ASML by 27.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,978 shares of the semiconductor company’s stock worth $1,311,000 after buying an additional 423 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

About ASML

(Get Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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