ASML Holding (NASDAQ:ASML) Receives $1,043.00 Average Target Price from Analysts

ASML Holding (NASDAQ:ASML) has earned an average recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $1,083.00.

ASML has been the subject of several research analyst reports. Sanford C. Bernstein decreased their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Susquehanna raised their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday. Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Finally, Wells Fargo & Company lifted their target price on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th.

ASML Price Performance

ASML stock opened at $1,085.26 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. ASML has a 52-week low of $563.99 and a 52-week high of $1,110.09. The firm has a market cap of $428.23 billion, a PE ratio of 55.43, a price-to-earnings-growth ratio of 2.29 and a beta of 1.49. The company’s 50 day moving average is $1,000.17 and its two-hundred day moving average is $931.39.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. On average, research analysts expect that ASML will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.49%. ASML’s payout ratio is 32.53%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. American Capital Advisory LLC acquired a new stake in ASML in the 1st quarter valued at about $26,000. WD Rutherford LLC acquired a new stake in shares of ASML in the first quarter valued at approximately $29,000. LRI Investments LLC purchased a new position in shares of ASML during the 1st quarter worth approximately $37,000. ZRC Wealth Management LLC acquired a new position in shares of ASML during the 1st quarter worth approximately $39,000. Finally, Rocky Mountain Advisers LLC lifted its stake in ASML by 110.0% in the 1st quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

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.