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

Shares of ASML Holding N.V. (NASDAQ:ASML) have been given an average recommendation of “Moderate Buy” by the thirty-two brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, twenty have given a buy rating and four have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $1,772.6250.

A number of equities analysts recently weighed in on the stock. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a report on Monday, June 15th. Finally, Barclays reaffirmed a “buy” rating on shares of ASML in a research report on Monday, June 29th.

Institutional Investors Weigh In On ASML

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Family Capital Management Inc. raised its stake in ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock valued at $983,000 after buying an additional 7 shares during the last quarter. 44 Wealth Management LLC boosted its stake in shares of ASML by 1.1% in the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after buying an additional 7 shares during the last quarter. Evolution Wealth Management Inc. grew its holdings in shares of ASML by 22.6% in the first quarter. Evolution Wealth Management Inc. now owns 38 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 7 shares during the period. Bradley Foster & Sargent Inc. CT grew its holdings in shares of ASML by 0.3% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 2,232 shares of the semiconductor company’s stock worth $2,948,000 after acquiring an additional 7 shares during the period. Finally, Sky Investment Group LLC increased its position in ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after acquiring an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $1,769.32 on Friday. ASML has a 1 year low of $683.48 and a 1 year high of $1,999.96. The firm’s 50-day moving average is $1,668.56 and its 200 day moving average is $1,450.06. The stock has a market cap of $695.84 billion, a price-to-earnings ratio of 63.46, a PEG ratio of 1.34 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. Sell-side analysts anticipate that ASML will post 36.62 EPS for the current fiscal year.

ASML Company Profile

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.