ASML’s (ASML) “Neutral” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their neutral rating on shares of ASML (NASDAQ:ASML) in a research note released on Monday,MarketScreener reports.

ASML has been the subject of a number of other reports. Citigroup restated a “buy” rating on shares of ASML in a research report on Tuesday, October 7th. Sanford C. Bernstein restated a “market perform” rating and set a $935.00 price objective on shares of ASML in a research report on Thursday, October 9th. Barclays restated an “overweight” rating on shares of ASML in a research report on Tuesday, September 30th. Morgan Stanley upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 22nd. Finally, DZ Bank reaffirmed a “neutral” rating on shares of ASML in a research note on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,001.60.

ASML Trading Up 2.7%

Shares of NASDAQ ASML opened at $1,009.81 on Monday. ASML has a one year low of $578.51 and a one year high of $1,059.00. The firm has a market capitalization of $397.14 billion, a PE ratio of 42.15, a PEG ratio of 1.66 and a beta of 1.87. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $852.01 and a two-hundred day moving average price of $768.34.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). ASML had a return on equity of 49.47% and a net margin of 26.95%.The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. During the same quarter in the previous year, the business posted $4.01 earnings per share. The company’s revenue was up 23.2% compared to the same quarter last year. As a group, analysts predict that ASML will post 25.17 earnings per share for the current fiscal year.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC grew its holdings in ASML by 97.6% in the 1st quarter. Acadian Asset Management LLC now owns 153,939 shares of the semiconductor company’s stock valued at $101,978,000 after buying an additional 76,023 shares during the last quarter. Strategic Planning Group LLC grew its holdings in ASML by 12.5% in the 2nd quarter. Strategic Planning Group LLC now owns 6,552 shares of the semiconductor company’s stock valued at $5,251,000 after buying an additional 730 shares during the last quarter. Empowered Funds LLC grew its holdings in ASML by 5.0% in the 1st quarter. Empowered Funds LLC now owns 10,928 shares of the semiconductor company’s stock valued at $7,241,000 after buying an additional 519 shares during the last quarter. Gunderson Capital Management Inc. acquired a new stake in ASML in the 2nd quarter valued at approximately $1,702,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in ASML by 3.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 35,777 shares of the semiconductor company’s stock valued at $28,425,000 after buying an additional 1,359 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.