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

ASML Holding N.V. (NASDAQ:ASML) has been assigned a consensus recommendation of “Moderate Buy” from the thirty-two analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, twenty-one have issued a buy recommendation and four have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $1,970.3333.

Several brokerages have weighed in on ASML. Zacks Research downgraded ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 3rd. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a report on Thursday, June 11th. Morningstar lowered shares of ASML to a “sell” rating in a report on Wednesday, May 27th. Finally, Sanford C. Bernstein boosted their price objective on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research report on Monday, July 6th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ASML. Fisher Asset Management LLC boosted its holdings in ASML by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock valued at $4,798,268,000 after acquiring an additional 132,353 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of ASML by 6.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,641,565 shares of the semiconductor company’s stock valued at $2,168,227,000 after purchasing an additional 96,860 shares in the last quarter. Bank of America Corp DE raised its stake in ASML by 1.2% in the first quarter. Bank of America Corp DE now owns 1,560,256 shares of the semiconductor company’s stock worth $2,060,833,000 after buying an additional 19,051 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in ASML by 14.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,526,411 shares of the semiconductor company’s stock worth $1,633,046,000 after buying an additional 193,068 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in ASML by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,033,583 shares of the semiconductor company’s stock valued at $1,364,963,000 after acquiring an additional 18,768 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Down 2.0%

ASML opened at $1,678.22 on Thursday. ASML has a 12 month low of $685.44 and a 12 month high of $1,999.96. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $1,765.59 and its 200-day moving average price is $1,547.95. The company has a market cap of $660.02 billion, a P/E ratio of 52.22, a P/E/G ratio of 0.85 and a beta of 1.79.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%.The company had revenue of $10.64 billion during the quarter. On average, equities analysts expect that ASML will post 44.68 EPS for the current year.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were paid a $2.1507 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. ASML’s dividend payout ratio (DPR) is presently 22.59%.

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.