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

ASML Holding N.V. (NASDAQ:ASMLGet Free Report) has earned an average rating of “Moderate Buy” from the thirty-one ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation, twenty-one have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $1,475.00.

A number of research firms recently weighed in on ASML. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research note on Tuesday, January 20th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, February 25th. Finally, Santander cut shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd.

View Our Latest Research Report on ASML

Hedge Funds Weigh In On ASML

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fisher Asset Management LLC lifted its stake in shares of ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after purchasing an additional 132,353 shares during the period. Capital International Investors boosted its holdings in ASML by 17.3% in the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after acquiring an additional 577,448 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of ASML by 16.6% in the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after acquiring an additional 305,435 shares during the last quarter. WCM Investment Management LLC increased its holdings in shares of ASML by 24.9% during the third quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock valued at $1,861,445,000 after acquiring an additional 385,502 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of ASML by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after purchasing an additional 142,763 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

ASML Stock Down 0.9%

ASML opened at $1,450.56 on Monday. The business’s fifty day simple moving average is $1,322.24 and its 200 day simple moving average is $1,087.31. ASML has a 52 week low of $578.51 and a 52 week high of $1,547.22. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14. The stock has a market cap of $570.48 billion, a PE ratio of 56.18, a P/E/G ratio of 1.65 and a beta of 1.88.

ASML Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be issued a dividend of $3.1771 per share. This is an increase from ASML’s previous quarterly dividend of $1.88. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, April 27th. ASML’s dividend payout ratio (DPR) is currently 25.10%.

ASML Company Profile

(Get Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

Further Reading

Analyst Recommendations for ASML (NASDAQ:ASML)

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