ASML Holding (NASDAQ:ASML) Given Average Recommendation of “Buy” by Brokerages

Shares of ASML Holding (NASDAQ:ASMLGet Rating) have been assigned a consensus rating of “Buy” from the seventeen ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $791.71.

A number of research analysts have recently commented on the company. Societe Generale cut their price objective on ASML from €800.00 ($842.11) to €710.00 ($747.37) and set a “buy” rating on the stock in a report on Monday, April 25th. Credit Suisse Group raised their price objective on shares of ASML from €945.00 ($994.74) to €960.00 ($1,010.53) and gave the company an “outperform” rating in a report on Thursday, April 21st. Piper Sandler reduced their target price on shares of ASML from €767.00 ($807.37) to €630.00 ($663.16) in a report on Thursday, May 26th. StockNews.com initiated coverage on shares of ASML in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, Wells Fargo & Company reduced their price objective on shares of ASML from $975.00 to $750.00 and set an “overweight” rating on the stock in a research note on Monday, April 18th.

A number of large investors have recently bought and sold shares of ASML. Capital International Investors lifted its stake in shares of ASML by 1.8% in the fourth quarter. Capital International Investors now owns 5,072,755 shares of the semiconductor company’s stock valued at $4,040,854,000 after buying an additional 89,380 shares in the last quarter. Fisher Asset Management LLC boosted its stake in ASML by 4.0% during the 1st quarter. Fisher Asset Management LLC now owns 4,445,713 shares of the semiconductor company’s stock valued at $2,969,425,000 after purchasing an additional 170,909 shares during the last quarter. Edgewood Management LLC bought a new stake in ASML during the 1st quarter worth approximately $1,577,216,000. BlackRock Inc. raised its stake in shares of ASML by 1.9% in the fourth quarter. BlackRock Inc. now owns 1,836,335 shares of the semiconductor company’s stock worth $1,461,978,000 after purchasing an additional 34,711 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in shares of ASML by 4.6% in the third quarter. Janus Henderson Group PLC now owns 1,578,837 shares of the semiconductor company’s stock valued at $1,176,401,000 after purchasing an additional 69,469 shares in the last quarter. Institutional investors and hedge funds own 25.91% of the company’s stock.

Shares of ASML stock opened at $473.35 on Tuesday. The stock has a market capitalization of $193.97 billion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 1.53 and a beta of 1.21. ASML has a twelve month low of $461.85 and a twelve month high of $895.93. The company has a quick ratio of 0.89, a current ratio of 1.34 and a debt-to-equity ratio of 0.45. The company has a 50-day simple moving average of $557.29 and a two-hundred day simple moving average of $645.05.

ASML (NASDAQ:ASMLGet Rating) last announced its quarterly earnings data on Wednesday, April 20th. The semiconductor company reported $3.59 earnings per share for the quarter, topping the consensus estimate of $1.89 by $1.70. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.48 billion. ASML had a return on equity of 54.58% and a net margin of 31.56%. ASML’s revenue for the quarter was down 19.0% on a year-over-year basis. During the same period in the prior year, the company earned $3.86 EPS. On average, sell-side analysts anticipate that ASML will post 17.54 earnings per share for the current fiscal year.

The business also recently announced a semi-annual dividend, which was paid on Thursday, May 12th. Investors of record on Wednesday, May 4th were given a dividend of $4.1903 per share. This represents a dividend yield of 0.01468%. The ex-dividend date was Tuesday, May 3rd. This is an increase from ASML’s previous semi-annual dividend of $1.08. ASML’s payout ratio is presently 39.80%.

About ASML (Get Rating)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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