ASML (NASDAQ:ASML) Receives “Neutral” Rating from Barclays

ASML (NASDAQ:ASML)‘s stock had its “neutral” rating restated by analysts at Barclays in a report issued on Monday,MarketScreener reports.

Several other research firms have also issued reports on ASML. Sanford C. Bernstein lifted their price target on ASML from $1,528.00 to $1,642.00 and gave the stock an “outperform” rating in a research report on Thursday. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Rothschild Redb upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Wednesday, December 10th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.00.

ASML Stock Performance

Shares of ASML opened at $1,389.04 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market cap of $546.28 billion, a P/E ratio of 56.53, a P/E/G ratio of 1.87 and a beta of 1.86. The business’s 50 day moving average price is $1,135.52 and its 200-day moving average price is $963.97. ASML has a 52 week low of $578.51 and a 52 week high of $1,398.80.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Capstone Wealth Management Group LLC raised 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 worth $1,664,000 after acquiring an additional 124 shares during the period. AQR Capital Management LLC increased its stake in shares of 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 purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after buying an additional 15 shares in the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in ASML by 10.9% in the 2nd quarter. Kathmere Capital Management LLC now owns 429 shares of the semiconductor company’s stock worth $344,000 after buying an additional 42 shares during the period. Institutional investors own 26.07% of the company’s stock.

About ASML

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.