ASML Holding N.V. (NASDAQ:ASML) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of ASML Holding N.V. (NASDAQ:ASML) have received a consensus recommendation of “Moderate Buy” from the twenty-eight research firms that are covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating, seventeen have given a buy rating and three have issued a strong buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $1,171.8333.

A number of equities analysts recently commented on ASML shares. Barclays reissued a “neutral” rating on shares of ASML in a research note on Wednesday, November 26th. Erste Group Bank raised ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Bank of America raised their target price on shares of ASML from $1,092.00 to $1,331.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Wells Fargo & Company boosted their price target on shares of ASML from $1,105.00 to $1,140.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Finally, Rothschild & Co Redburn upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday, November 7th.

Institutional Investors Weigh In On ASML

Large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC lifted its stake in shares of ASML by 1,751.9% in the 3rd quarter. FNY Investment Advisers LLC now owns 2,500 shares of the semiconductor company’s stock valued at $2,420,000 after purchasing an additional 2,365 shares during the last quarter. Severin Investments LLC raised its holdings in ASML by 5.8% during the 3rd quarter. Severin Investments LLC now owns 688 shares of the semiconductor company’s stock valued at $666,000 after buying an additional 38 shares during the period. Allworth Financial LP raised its holdings in ASML by 4.3% during the 3rd quarter. Allworth Financial LP now owns 3,281 shares of the semiconductor company’s stock valued at $3,176,000 after buying an additional 134 shares during the period. IFP Advisors Inc lifted its position in ASML by 25.6% in the third quarter. IFP Advisors Inc now owns 2,096 shares of the semiconductor company’s stock worth $2,029,000 after buying an additional 427 shares during the last quarter. Finally, Tevis Investment Management boosted its stake in ASML by 0.8% during the third quarter. Tevis Investment Management now owns 2,132 shares of the semiconductor company’s stock worth $2,064,000 after buying an additional 17 shares during the period. 26.07% of the stock is owned by institutional investors.

ASML Stock Performance

ASML opened at $1,076.05 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market capitalization of $423.19 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 1.69 and a beta of 1.87. The company has a fifty day moving average of $1,042.29 and a 200 day moving average of $882.49. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, beating the consensus estimate of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.28 EPS. As a group, sell-side analysts forecast that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. ASML’s payout ratio is 25.80%.

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.