ASML (NASDAQ:ASML) Receives “Neutral” Rating from Barclays

Barclays reiterated their neutral rating on shares of ASML (NASDAQ:ASML) in a research report report published on Wednesday,MarketScreener reports.

ASML has been the subject of a number of other research reports. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Redburn Partners set a $1,200.00 target price on ASML in a research note on Friday, November 7th. DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Morningstar lowered ASML to a “hold” rating in a report on Thursday, September 18th. Finally, Susquehanna lifted their target price on ASML from $965.00 to $1,150.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Price Performance

Shares of ASML stock opened at $1,015.43 on Wednesday. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72. 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 firm has a market capitalization of $399.35 billion, a price-to-earnings ratio of 41.33, a PEG ratio of 1.67 and a beta of 1.87. The stock’s 50-day simple moving average is $1,042.84 and its 200-day simple moving average is $883.42.

ASML (NASDAQ:ASML) last announced 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 firm had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue was up .7% on a year-over-year basis. During the same period last year, the firm posted $5.28 EPS. As a group, equities analysts forecast that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Capital International Investors increased its holdings in shares of ASML by 17.3% during the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock valued at $3,791,982,000 after purchasing an additional 577,448 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in ASML during the first quarter valued at $360,262,000. Arrowstreet Capital Limited Partnership purchased a new position in ASML in the third quarter valued at $505,510,000. Regents of The University of California acquired a new position in shares of ASML in the third quarter worth about $413,335,000. Finally, WCM Investment Management LLC raised its position in shares of ASML by 24.9% in the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after acquiring an additional 385,502 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

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.