ASML Holding (NASDAQ:ASML) Receives $937.00 Consensus PT from Analysts

Shares of ASML Holding (NASDAQ:ASML) have been given an average rating of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $937.00.

Several equities analysts recently commented on ASML shares. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas began coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th.

ASML Trading Up 0.5 %

ASML stock opened at $734.91 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company’s 50-day simple moving average is $731.54 and its 200 day simple moving average is $736.45. ASML has a 52 week low of $645.45 and a 52 week high of $1,110.09. The company has a market capitalization of $289.13 billion, a PE ratio of 35.33, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, sell-side analysts anticipate that ASML will post 25.17 earnings per share for the current year.

ASML Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 19th. Stockholders of record on Tuesday, February 11th were issued a $1.5855 dividend. The ex-dividend date was Tuesday, February 11th. This is a boost from ASML’s previous dividend of $1.08. ASML’s dividend payout ratio is 31.35%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ASML. Steigerwald Gordon & Koch Inc. raised its holdings in ASML by 4.8% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 14 shares during the last quarter. Cyndeo Wealth Partners LLC raised its holdings in ASML by 0.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after buying an additional 14 shares during the last quarter. Trust Point Inc. raised its holdings in ASML by 2.4% in the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after buying an additional 14 shares during the last quarter. Sunpointe LLC raised its holdings in ASML by 1.3% in the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after buying an additional 14 shares during the last quarter. Finally, Family Capital Management Inc. raised its holdings in ASML by 1.7% in the 3rd quarter. Family Capital Management Inc. now owns 909 shares of the semiconductor company’s stock valued at $757,000 after buying an additional 15 shares during the last quarter. Institutional investors 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.