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

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

A number of other research firms also recently weighed in on ASML. Royal Bank Of Canada upped their target price on shares of ASML from $1,550.00 to $1,625.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Zacks Research downgraded shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Barclays reissued a “buy” rating on shares of ASML in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Wednesday, February 25th. Finally, Grupo Santander downgraded shares of ASML to an “underperform” rating in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,482.50.

Read Our Latest Stock Report on ASML

ASML Stock Down 1.2%

NASDAQ:ASML opened at $1,288.29 on Tuesday. The firm’s 50-day moving average price is $1,391.56 and its 200-day moving average price is $1,191.69. The company has a market capitalization of $506.66 billion, a PE ratio of 49.96, a P/E/G ratio of 1.27 and a beta of 1.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.26 and a quick ratio of 0.79. ASML has a 1-year low of $582.89 and a 1-year high of $1,547.22.

Hedge Funds Weigh In On ASML

Several hedge funds and other institutional investors have recently bought and sold shares of ASML. Capstone Wealth Management Group LLC lifted its stake in ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC lifted its position in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in ASML by 153.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC lifted its position in ASML by 1.3% in the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the last quarter. Finally, StoneX Group Inc. lifted its position in shares of ASML by 53.2% during the second quarter. StoneX Group Inc. now owns 625 shares of the semiconductor company’s stock worth $501,000 after purchasing an additional 217 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML News Summary

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.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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