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 rating of “Moderate Buy” by the thirty-two analysts that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating, twenty have assigned a buy rating and four have issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $1,589.6250.

A number of research analysts recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. JPMorgan Chase & Co. raised their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th.

Get Our Latest Stock Analysis on ASML

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Cornerstone Financial Management LLC bought a new position in shares of ASML in the 4th quarter valued at about $26,000. Binnacle Investments Inc grew its position in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV grew its position in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. grew its position in shares of ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares during the period. Finally, Jessup Wealth Management Inc bought a new position in shares of ASML in the 4th quarter valued at about $30,000. Institutional investors own 26.07% of the company’s stock.

ASML Stock Up 1.6%

Shares of ASML stock opened at $1,777.77 on Wednesday. The firm has a fifty day moving average of $1,508.57 and a 200-day moving average of $1,353.94. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. ASML has a 12-month low of $683.48 and a 12-month high of $1,831.11. The company has a market capitalization of $699.16 billion, a price-to-earnings ratio of 63.77, a P/E/G ratio of 1.40 and a beta of 1.82.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings data 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 company had revenue of $10.15 billion during the quarter. As a group, equities research analysts predict that ASML will post 36.93 earnings per share for the current fiscal year.

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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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Analyst Recommendations for ASML (NASDAQ:ASML)

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