ASML (NASDAQ:ASML) Earns “Neutral” Rating from Jefferies Financial Group

ASML (NASDAQ:ASMLGet Free Report)‘s stock had its “neutral” rating reissued by Jefferies Financial Group in a research report issued to clients and investors on Wednesday,MarketScreener reports.

Other research analysts have also issued research reports about the stock. Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 22nd. Wells Fargo & Company increased their target price on shares of ASML from $1,450.00 to $1,650.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research report on Wednesday, January 28th. Finally, Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,482.50.

Read Our Latest Analysis on ASML

ASML Stock Performance

Shares of NASDAQ:ASML opened at $1,448.64 on Wednesday. The company’s 50 day moving average price is $1,388.42 and its two-hundred day moving average price is $1,197.67. ASML has a 12-month low of $614.06 and a 12-month high of $1,547.22. The firm has a market cap of $569.72 billion, a PE ratio of 56.11, a PEG ratio of 1.38 and a beta of 1.88. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14.

Institutional Trading of ASML

Large investors have recently made changes to their positions in the company. Capstone Wealth Management Group LLC lifted its stake in ASML by 5.2% in the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its stake in ASML by 141.1% in the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the last quarter. Finally, StoneX Group Inc. lifted its stake in ASML by 53.2% in the 2nd quarter. StoneX Group Inc. now owns 625 shares of the semiconductor company’s stock valued at $501,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

About ASML

(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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