ASML Holding N.V. (ASML) Given Consensus Recommendation of “Buy” by Brokerages
Shares of ASML Holding N.V. (NASDAQ:ASML) have been given a consensus rating of “Buy” by the eighteen ratings firms that are currently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $176.17.
A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of ASML from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. B. Riley lifted their target price on shares of ASML from $162.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Credit Suisse Group lifted their target price on shares of ASML from $140.00 to $152.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. BNP Paribas raised shares of ASML from a “neutral” rating to an “outperform” rating in a research note on Thursday, October 12th. Finally, Bank of America reaffirmed a “buy” rating and set a $210.00 target price on shares of ASML in a research note on Tuesday, October 3rd.
Shares of ASML (NASDAQ:ASML) traded up $1.20 during midday trading on Thursday, hitting $173.36. 828,900 shares of the stock traded hands, compared to its average volume of 894,026. The company has a current ratio of 2.79, a quick ratio of 1.57 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $74,018.65, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 1.57 and a beta of 1.14. ASML has a 1-year low of $103.53 and a 1-year high of $186.37.
ASML (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 18th. The semiconductor company reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.24. ASML had a net margin of 23.81% and a return on equity of 19.28%. The firm had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period last year, the firm posted $0.93 earnings per share. The company’s revenue for the quarter was up 34.8% on a year-over-year basis. equities analysts expect that ASML will post 5.23 EPS for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the company. Capital World Investors grew its holdings in shares of ASML by 0.6% in the second quarter. Capital World Investors now owns 25,172,077 shares of the semiconductor company’s stock valued at $3,280,173,000 after purchasing an additional 153,276 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of ASML by 8.7% in the third quarter. Artisan Partners Limited Partnership now owns 2,422,603 shares of the semiconductor company’s stock valued at $414,750,000 after purchasing an additional 193,896 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of ASML by 3.5% in the third quarter. Fisher Asset Management LLC now owns 2,018,226 shares of the semiconductor company’s stock valued at $345,520,000 after purchasing an additional 67,528 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of ASML by 18.1% in the third quarter. Janus Henderson Group PLC now owns 1,839,320 shares of the semiconductor company’s stock valued at $314,892,000 after purchasing an additional 282,357 shares in the last quarter. Finally, Winslow Capital Management LLC acquired a new position in shares of ASML in the second quarter valued at approximately $188,068,000. 16.61% of the stock is currently owned by institutional investors and hedge funds.
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ASML Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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