ASML (NASDAQ:ASML) Trading Down 0.8%

ASML Holding (NASDAQ:ASML) shares fell 0.8% during trading on Monday . The stock traded as low as $832.40 and last traded at $835.14. 185,218 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 1,256,458 shares. The stock had previously closed at $841.54.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ASML. Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. Barclays raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Wells Fargo & Company raised their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. JPMorgan Chase & Co. increased their price objective on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Finally, UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,147.80.

ASML Stock Down 1.7 %

The business has a 50-day moving average of $855.83 and a 200 day moving average of $933.38. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.52 and a quick ratio of 0.84. The company has a market capitalization of $326.28 billion, a PE ratio of 42.65, a P/E/G ratio of 1.97 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The company’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.37 EPS. Equities research analysts predict that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a $1.8732 dividend. This is a positive change from ASML’s previous quarterly dividend of $1.34. This represents a $7.49 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Monday, July 29th. ASML’s dividend payout ratio is 28.50%.

Hedge Funds Weigh In On ASML

Several hedge funds have recently bought and sold shares of ASML. Aveo Capital Partners LLC grew its position in shares of ASML by 25.7% during the 4th quarter. Aveo Capital Partners LLC now owns 636 shares of the semiconductor company’s stock worth $481,000 after buying an additional 130 shares in the last quarter. Evoke Wealth LLC purchased a new stake in shares of ASML in the 4th quarter worth approximately $239,000. FinTrust Capital Advisors LLC increased its holdings in ASML by 38.0% during the fourth quarter. FinTrust Capital Advisors LLC now owns 98 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 27 shares during the period. Paulson Wealth Management Inc. bought a new stake in ASML during the 4th quarter valued at $206,000. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of ASML by 76.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 143,967 shares of the semiconductor company’s stock valued at $108,972,000 after acquiring an additional 62,205 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Company Profile

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.