ASML (NASDAQ:ASML) Given “Buy” Rating at UBS Group

UBS Group reiterated their buy rating on shares of ASML (NASDAQ:ASML) in a research report released on Monday.

Several other research firms have also issued reports on ASML. Argus set a $2,100.00 target price on ASML in a research note on Thursday, July 16th. JPMorgan Chase & Co. raised their price target on shares of ASML from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Tuesday, June 30th. Bank of America upped their price target on ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Finally, Royal Bank Of Canada raised their price objective on ASML from $1,700.00 to $2,000.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,970.33.

ASML Price Performance

Shares of ASML opened at $1,771.41 on Monday. The company has a 50 day moving average price of $1,717.57 and a 200-day moving average price of $1,632.39. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a market capitalization of $696.66 billion, a PE ratio of 55.12, a PEG ratio of 0.88 and a beta of 1.79. ASML has a fifty-two week low of $935.41 and a fifty-two week high of $1,999.96.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Sunday, June 28th. The semiconductor company reported $8.65 earnings per share (EPS) for the quarter. The business had revenue of $10.62 billion for the quarter. ASML had a return on equity of 52.71% and a net margin of 30.11%. Equities analysts predict that ASML will post 44.03 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, July 28th were given a $2.1507 dividend. This represents a $8.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, July 28th. This is a negative change from ASML’s previous quarterly dividend of $3.1771. ASML’s payout ratio is currently 22.62%.

Institutional Trading of ASML

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. QRG Capital Management Inc. increased its holdings in shares of ASML by 12.5% in the second quarter. QRG Capital Management Inc. now owns 26,167 shares of the semiconductor company’s stock valued at $52,057,000 after purchasing an additional 2,913 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in ASML by 18.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,337 shares of the semiconductor company’s stock valued at $8,628,000 after buying an additional 665 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in ASML by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 440,721 shares of the semiconductor company’s stock worth $876,783,000 after buying an additional 27,021 shares during the period. State Street Corp raised its position in ASML by 4.4% during the 2nd quarter. State Street Corp now owns 85,872 shares of the semiconductor company’s stock worth $170,851,000 after buying an additional 3,632 shares during the last quarter. Finally, Twin Peaks Capital Ltd purchased a new position in ASML during the 2nd quarter worth approximately $5,968,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: UBS reaffirmed its “Buy” rating on ASML, signaling continued confidence in the company’s long-term earnings outlook and EUV lithography franchise. UBS Group Reaffirms Buy Rating for ASML
• Positive Sentiment: ASML reported transactions under its current share buyback program. Repurchases can support earnings per share and signal that management views the company’s shares as an attractive use of capital, although the release did not indicate a major change to the program. ASML Reports Transactions Under Its Current Share Buyback Program
• Positive Sentiment: Fresh commentary on AI demand suggests ASML could be undervalued if sustained investment in advanced processors drives greater demand for its lithography systems. The thesis is constructive, but the stock’s strong multiyear gains and elevated valuation increase execution expectations. ASML Stock Could Be Undervalued Following Fresh AI Demand News
• Neutral Sentiment: ASML’s chief executive highlighted that the company is the sole manufacturer of the most advanced EUV lithography machines. This reinforces ASML’s strategic moat, though it primarily reiterates an established investment argument rather than providing new financial guidance. ASML Chief: There Is Only One Company Making Those Machines
• Neutral Sentiment: Market coverage noted that ASML outperformed during a weaker session, but provided limited new company-specific information. Comparisons with other semiconductor companies likewise do not materially alter ASML’s outlook. ASML Increases Despite Market Slip

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures advanced lithography systems used by semiconductor manufacturers to produce integrated circuits. Its equipment projects patterns onto silicon wafers, enabling the creation of increasingly smaller and more powerful semiconductor features.

ASML’s product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) lithography systems, and related metrology and inspection solutions.