ASML Holding (NASDAQ:ASML) Given Consensus Rating of “Moderate Buy” by Analysts

ASML Holding (NASDAQ:ASML) has received an average recommendation of “Moderate Buy” from the ten brokerages that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $906.00.

A number of research analysts recently issued reports on the company. Wells Fargo & Company cut their price target on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th.

Institutional Investors Weigh In On ASML

Several hedge funds have recently bought and sold shares of ASML. Putney Financial Group LLC lifted its holdings in shares of ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 29 shares in the last quarter. Kennebec Savings Bank lifted its stake in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth approximately $31,000. Finally, Wayfinding Financial LLC bought a new stake in shares of ASML in the first quarter worth $35,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ:ASML opened at $683.36 on Tuesday. The firm has a market capitalization of $268.85 billion, a PE ratio of 32.85, a PEG ratio of 1.62 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm’s fifty day simple moving average is $679.56 and its 200 day simple moving average is $702.13.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, sell-side analysts anticipate that ASML will post 25.17 EPS for the current year.

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.