ASML (NASDAQ:ASML) Receives “Equal Weight” Rating from Barclays

Barclays reiterated their equal weight rating on shares of ASML (NASDAQ:ASML) in a research note published on Tuesday, Marketbeat reports.

ASML has been the topic of several other reports. Susquehanna lowered their price objective 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. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup restated a “buy” rating on shares of ASML in a research note on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Stock Up 0.1%

Shares of ASML stock opened at $747.25 on Tuesday. 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 moving average price is $689.94 and its two-hundred day moving average price is $709.48. The firm has a market capitalization of $293.98 billion, a P/E ratio of 35.93, a PEG ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, equities analysts predict that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Edgewood Management LLC boosted its holdings in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock worth $2,208,615,000 after buying an additional 959,696 shares during the period. Van ECK Associates Corp boosted its holdings in ASML by 1.8% in the 4th quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after purchasing an additional 31,231 shares during the period. GAMMA Investing LLC boosted its holdings in ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Clearbridge Investments LLC boosted its holdings in ASML by 2.8% in the 4th quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after purchasing an additional 33,603 shares during the period. Finally, Neuberger Berman Group LLC boosted its holdings in ASML by 1.4% in the 4th quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock valued at $667,155,000 after purchasing an additional 13,115 shares during the period. Institutional investors own 26.07% of the company’s stock.

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.