ASML (NASDAQ:ASML) Receives “Buy” Rating from UBS Group

ASML (NASDAQ:ASMLGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a research note issued to investors on Monday,MarketScreener reports.

ASML has been the topic of several other reports. Redburn Partners set a $1,200.00 price objective on ASML in a research note on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of ASML in a report on Wednesday, December 10th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Barclays restated a “neutral” rating on shares of ASML in a research report on Wednesday. Finally, HSBC reiterated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,392.75.

Check Out Our Latest Analysis on ASML

ASML Price Performance

ASML stock traded up $67.88 during mid-day trading on Monday, reaching $1,331.60. 2,850,062 shares of the company’s stock traded hands, compared to its average volume of 2,024,869. ASML has a 12-month low of $578.51 and a 12-month high of $1,358.00. The company has a market cap of $523.70 billion, a price-to-earnings ratio of 54.20, a PEG ratio of 1.88 and a beta of 1.86. The stock has a 50 day moving average of $1,088.57 and a two-hundred day moving average of $935.13. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASMLGet Free Report) last posted its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the previous year, the firm posted $5.28 EPS. The business’s quarterly revenue was up .7% on a year-over-year basis. Equities analysts forecast that ASML will post 25.17 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Manning & Napier Advisors LLC purchased a new stake in ASML in the 3rd quarter valued at about $25,000. Princeton Global Asset Management LLC increased its position in shares of ASML by 153.8% during the second quarter. Princeton Global Asset Management LLC now owns 33 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 20 shares during the period. City Holding Co. bought a new stake in shares of ASML during the third quarter valued at approximately $26,000. Binnacle Investments Inc boosted its holdings in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 15 shares during the period. Finally, Pin Oak Investment Advisors Inc. purchased a new stake in shares of ASML in the second quarter valued at approximately $30,000. 26.07% of the stock is currently owned by institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.