ASML Holding N.V. (NASDAQ:ASML) Receives Average Rating of “Moderate Buy” from Analysts

Shares of ASML Holding N.V. (NASDAQ:ASMLGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the thirty-one research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating, twenty-one have issued a buy rating and three have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $1,475.00.

Several equities research analysts recently commented on the company. KGI Securities set a $1,415.00 price objective on ASML and gave the stock an “outperform” rating in a report on Thursday, January 15th. Susquehanna reissued a “positive” rating on shares of ASML in a report on Monday, January 12th. Weiss Ratings raised ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research note on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, February 25th.

Get Our Latest Stock Report on ASML

Hedge Funds Weigh In On ASML

Hedge funds have recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in shares of ASML during the 4th quarter valued at about $26,000. Resources Management Corp CT ADV boosted its holdings in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares in the last quarter. Manning & Napier Advisors LLC purchased a new stake in ASML during the third quarter worth $25,000. City Holding Co. acquired a new stake in ASML during the third quarter valued at $26,000. Finally, North Star Investment Management Corp. increased its holdings in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Stock Performance

ASML stock opened at $1,450.56 on Monday. The stock’s 50 day simple moving average is $1,322.24 and its 200 day simple moving average is $1,087.31. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. ASML has a 12-month low of $578.51 and a 12-month high of $1,547.22. The stock has a market capitalization of $570.48 billion, a PE ratio of 56.18, a price-to-earnings-growth ratio of 1.65 and a beta of 1.88.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This is a positive change from ASML’s previous quarterly dividend of $1.88. The ex-dividend date of this dividend is Monday, April 27th. This represents a $12.71 dividend on an annualized basis and a yield of 0.9%. ASML’s payout ratio is 25.10%.

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.

Further Reading

Analyst Recommendations for ASML (NASDAQ:ASML)

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