ASML (NASDAQ:ASML) Trading 1.1% Higher on Analyst Upgrade

ASML Holding N.V. (NASDAQ:ASML)’s stock price shot up 1.1% during trading on Monday after JPMorgan Chase & Co. raised their price target on the stock from $957.00 to $1,175.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. ASML traded as high as $1,059.00 and last traded at $1,043.30. 1,377,023 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 1,700,169 shares. The stock had previously closed at $1,032.22.

Other research analysts also recently issued reports about the stock. New Street Research raised shares of ASML from a “neutral” rating to a “buy” rating in a research report on Thursday, July 24th. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a report on Monday, September 22nd. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Thursday, September 25th. Jefferies Financial Group lowered ASML from a “buy” rating to a “hold” rating in a research report on Thursday, June 26th. Finally, Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $938.80.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ASML. Putney Financial Group LLC increased its position in ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after buying an additional 29 shares in the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 20 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in ASML during the 1st quarter worth about $27,000. Binnacle Investments Inc raised its stake in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in ASML in the 2nd quarter valued at about $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

The company has a market capitalization of $410.46 billion, a price-to-earnings ratio of 43.54, a PEG ratio of 1.74 and a beta of 1.87. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company’s 50 day simple moving average is $812.40 and its 200-day simple moving average is $755.60.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. The business’s quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.01 EPS. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Tuesday, July 29th were paid a $1.856 dividend. The ex-dividend date was Tuesday, July 29th. This is an increase from ASML’s previous quarterly dividend of $1.64. This represents a $7.42 annualized dividend and a yield of 0.7%. ASML’s payout ratio is currently 26.21%.

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.