ASML Holding (NASDAQ:ASML) Receives $937.00 Average Target Price from Analysts

Shares of ASML Holding (NASDAQ:ASML) have been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $937.00.

Several research analysts have recently commented on the company. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein reduced their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. JPMorgan Chase & Co. reduced their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Finally, DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th.

ASML Trading Down 2.4 %

Shares of ASML stock opened at $716.22 on Monday. The stock’s fifty day moving average is $730.88 and its two-hundred day moving average is $733.81. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The firm has a market capitalization of $281.78 billion, a P/E ratio of 34.43, a PEG ratio of 1.62 and a beta of 1.54. ASML has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Research analysts expect that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were given a dividend of $1.5855 per share. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently modified their holdings of the business. Carnegie Investment Counsel increased its position in shares of ASML by 68.9% during the 4th quarter. Carnegie Investment Counsel now owns 2,128 shares of the semiconductor company’s stock worth $1,475,000 after purchasing an additional 868 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in ASML in the 4th quarter valued at about $1,174,000. Taurus Asset Management LLC acquired a new position in ASML in the 3rd quarter valued at about $16,994,000. State Street Corp grew its position in ASML by 5.2% in the 3rd quarter. State Street Corp now owns 140,802 shares of the semiconductor company’s stock valued at $117,323,000 after acquiring an additional 7,010 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its position in ASML by 36.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 26,322 shares of the semiconductor company’s stock valued at $18,243,000 after acquiring an additional 7,073 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.