ASML (NASDAQ:ASML) Stock Price Up 0.3%

ASML Holding (NASDAQ:ASML) shares traded up 0.3% during mid-day trading on Monday . The company traded as high as $1,097.59 and last traded at $1,088.99. 366,855 shares traded hands during trading, a decline of 67% from the average session volume of 1,114,709 shares. The stock had previously closed at $1,085.26.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Susquehanna lifted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Finally, Sanford C. Bernstein lowered their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,083.00.

ASML Trading Down 1.7 %

The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The business has a fifty day simple moving average of $1,000.17 and a 200 day simple moving average of $931.39. The company has a market cap of $420.74 billion, a price-to-earnings ratio of 55.62, a P/E/G ratio of 2.29 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.54. ASML had a return on equity of 56.99% and a net margin of 27.23%. The company had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.73 billion. On average, equities analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a $1.343 dividend. This represents a $5.37 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend was Friday, April 26th. ASML’s dividend payout ratio (DPR) is currently 32.53%.

Institutional Investors Weigh In On ASML

Several institutional investors and hedge funds have recently made changes to their positions in the business. Hilltop National Bank boosted its position in shares of ASML by 1.0% in the 2nd quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after buying an additional 10 shares in the last quarter. First PREMIER Bank boosted its position in shares of ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. boosted its position in shares of ASML by 1.2% in the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after buying an additional 11 shares in the last quarter. Toth Financial Advisory Corp boosted its position in shares of ASML by 11.5% in the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after buying an additional 13 shares in the last quarter. Finally, Slow Capital Inc. boosted its position in shares of ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after buying an additional 13 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

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.