ASML (NASDAQ:ASML) Shares Down 2.9% – Should You Sell?

ASML Holding N.V. (NASDAQ:ASML) traded down 2.9% on Tuesday . The company traded as low as $1,475.00 and last traded at $1,520.94. 1,838,084 shares were traded during trading, a decline of 1% from the average session volume of 1,848,498 shares. The stock had previously closed at $1,565.81.

Analyst Ratings Changes

ASML has been the topic of several analyst reports. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Grupo Santander cut ASML to an “underperform” rating in a research report on Thursday, January 22nd. Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, UBS Group reissued a “buy” rating on shares of ASML in a research report on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Stock Performance

The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $598.16 billion, a PE ratio of 54.55, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81. The business’s 50 day simple moving average is $1,403.69 and its two-hundred day simple moving average is $1,268.10.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. Research analysts expect that ASML Holding N.V. will post 37.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ASML

A number of institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC increased its stake in ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company’s stock worth $4,798,268,000 after buying an additional 132,353 shares in the last quarter. Capital International Investors increased its stake in ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Van ECK Associates Corp increased its stake in ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares in the last quarter. WCM Investment Management LLC increased its stake in ASML by 24.9% in the 3rd quarter. WCM Investment Management LLC now owns 1,933,748 shares of the semiconductor company’s stock worth $1,861,445,000 after buying an additional 385,502 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in ASML by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company’s stock worth $1,805,733,000 after buying an additional 142,763 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Company Profile

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.