ASML’s (ASML) Neutral Rating Reaffirmed at Barclays

Barclays restated their neutral rating on shares of ASML (NASDAQ:ASML) in a research note released on Monday morning,MarketScreener reports.

A number of other equities research analysts have also weighed in on the company. Evercore ISI restated an “outperform” rating on shares of ASML in a research note on Thursday, October 16th. Sanford C. Bernstein boosted their target price on shares of ASML from $1,528.00 to $1,642.00 and gave the stock an “outperform” rating in a research report on Thursday. HSBC restated a “buy” rating on shares of ASML in a research note on Friday, October 17th. Rothschild Redb upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,407.00.

ASML Stock Up 1.8%

ASML stock opened at $1,413.35 on Monday. ASML has a 1-year low of $578.51 and a 1-year high of $1,419.95. The business has a fifty day moving average price of $1,143.38 and a 200-day moving average price of $968.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70. The stock has a market capitalization of $555.84 billion, a price-to-earnings ratio of 57.52, a PEG ratio of 1.87 and a beta of 1.86.

Institutional Investors Weigh In On ASML

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ASML. Sky Investment Group LLC raised its stake in shares of ASML by 2.1% in the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 8 shares during the period. BOS Asset Management LLC raised its position in ASML by 2.4% in the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 9 shares during the last quarter. Foster Victor Wealth Advisors LLC raised its position in ASML by 1.2% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 765 shares of the semiconductor company’s stock valued at $818,000 after buying an additional 9 shares during the last quarter. HBK Sorce Advisory LLC lifted its stake in ASML by 1.0% in the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after acquiring an additional 10 shares in the last quarter. Finally, Albion Financial Group UT boosted its position in ASML by 27.8% during the 3rd quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 10 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Company Profile

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.