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

ASML Holding N.V. (NASDAQ:ASML) has earned a consensus rating of “Moderate Buy” from the thirty-two analysts that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-one have assigned a buy rating and three have given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $1,504.3750.

Several analysts have recently issued reports on ASML shares. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Royal Bank Of Canada boosted their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. UBS Group restated a “buy” rating on shares of ASML in a report on Thursday, April 23rd. Grupo Santander lowered ASML to an “underperform” rating in a report on Thursday, January 22nd. Finally, Santander lowered ASML from a “neutral” rating to an “underperform” rating in a report on Thursday, January 22nd.

ASML Trading Down 5.2%

NASDAQ:ASML opened at $1,501.81 on Friday. The stock’s 50 day moving average price is $1,414.78 and its 200 day moving average price is $1,280.97. ASML has a 52 week low of $683.48 and a 52 week high of $1,603.49. The company has a market capitalization of $590.63 billion, a P/E ratio of 53.87, a P/E/G ratio of 1.30 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion for the quarter. On average, research analysts forecast that ASML will post 37.09 EPS for the current fiscal year.

Institutional Investors Weigh In On ASML

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its position in ASML by 195.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares during the period. Capital International Investors increased its position in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares during the period. Regents of The University of California bought a new stake in shares of ASML during the third quarter valued at approximately $413,335,000. WCM Investment Management LLC increased its position 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 purchasing an additional 385,502 shares during the period. Finally, Alliancebernstein L.P. increased its position in shares of ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock valued at $765,632,000 after purchasing an additional 340,518 shares during the period. 26.07% of the stock is currently 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.