A number of other research firms have also commented on ASML. Wells Fargo & Co began coverage on ASML in a research note on Wednesday, June 19th. They set an outperform rating and a $230.00 price objective on the stock. Royal Bank of Canada reissued a buy rating on shares of ASML in a research note on Tuesday, July 16th. Santander lowered shares of ASML from a buy rating to a hold rating in a report on Monday, July 15th. Zacks Investment Research lowered shares of ASML from a hold rating to a sell rating in a report on Wednesday, September 4th. Finally, ABN Amro started coverage on shares of ASML in a research note on Monday, July 29th. They set a hold rating on the stock. Seven research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Buy and an average target price of $204.80.
ASML stock opened at $241.67 on Friday. The stock’s 50 day moving average price is $221.76 and its 200 day moving average price is $203.82. The firm has a market cap of $100.47 billion, a P/E ratio of 33.66, a PEG ratio of 2.44 and a beta of 1.23. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.62 and a current ratio of 2.68. ASML has a 1 year low of $144.50 and a 1 year high of $242.32.
ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.18. ASML had a return on equity of 21.30% and a net margin of 23.08%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter last year, the business posted $1.37 earnings per share. On average, research analysts predict that ASML will post 6.8 earnings per share for the current year.
Several institutional investors have recently modified their holdings of the business. Front Row Advisors LLC increased its stake in ASML by 10.0% in the second quarter. Front Row Advisors LLC now owns 6,330 shares of the semiconductor company’s stock valued at $1,316,000 after purchasing an additional 574 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of ASML by 74.3% during the 2nd quarter. Rehmann Capital Advisory Group now owns 265 shares of the semiconductor company’s stock worth $55,000 after acquiring an additional 113 shares during the period. Atria Investments LLC lifted its holdings in shares of ASML by 33.0% during the 2nd quarter. Atria Investments LLC now owns 8,077 shares of the semiconductor company’s stock worth $1,709,000 after acquiring an additional 2,005 shares during the period. Nomura Holdings Inc. purchased a new position in shares of ASML during the 2nd quarter worth about $191,000. Finally, BlackRock Inc. boosted its position in shares of ASML by 3.0% in the second quarter. BlackRock Inc. now owns 2,094,679 shares of the semiconductor company’s stock worth $435,547,000 after acquiring an additional 61,325 shares during the last quarter. 16.97% of the stock is currently owned by institutional investors.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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