ASML (NASDAQ:ASML) Trading Down 0.8%

Shares of ASML Holding (NASDAQ:ASML) were down 0.8% on Thursday . The company traded as low as $962.88 and last traded at $966.30. Approximately 139,345 shares traded hands during trading, a decline of 89% from the average daily volume of 1,224,796 shares. The stock had previously closed at $974.01.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Sanford C. Bernstein upgraded ASML from a “market perform” rating to an “outperform” rating in a research report on Monday, January 22nd. Susquehanna boosted their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Raymond James upped their price objective on shares of ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. Cantor Fitzgerald initiated coverage on shares of ASML in a research note on Tuesday, January 23rd. They set an “overweight” rating for the company. Finally, JPMorgan Chase & Co. lifted their target price on shares of ASML from $726.00 to $878.00 and gave the stock an “overweight” rating in a research note on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $962.60.

ASML Stock Down 0.4 %

The company has a market cap of $382.94 billion, a PE ratio of 45.11, a P/E/G ratio of 2.34 and a beta of 1.49. The firm’s fifty day simple moving average is $924.75 and its 200-day simple moving average is $751.81. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.34.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.12 by $0.48. The business had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. ASML had a return on equity of 68.32% and a net margin of 28.44%. As a group, equities research analysts expect that ASML Holding will post 20.48 earnings per share for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th will be issued a $1.343 dividend. The ex-dividend date is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.55%. ASML’s dividend payout ratio is currently 24.59%.

Institutional Investors Weigh In On ASML

Several large investors have recently made changes to their positions in the company. Carmel Capital Partners LLC increased its position in shares of ASML by 200.0% in the third quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 30 shares in the last quarter. Addison Advisors LLC lifted its holdings in shares of ASML by 220.0% during the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 33 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new stake in shares of ASML in the 4th quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV increased its holdings in ASML by 48.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock worth $35,000 after buying an additional 15 shares during the last quarter. Finally, Bollard Group LLC bought a new position in ASML during the second quarter valued at approximately $36,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Company Profile

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.