ASML (NASDAQ:ASML) Shares Up 1.2%

ASML Holding (NASDAQ:ASML)’s stock price traded up 1.2% during mid-day trading on Thursday . The company traded as high as $1,041.71 and last traded at $1,028.35. 259,653 shares traded hands during trading, a decline of 77% from the average session volume of 1,134,873 shares. The stock had previously closed at $1,016.60.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Wells Fargo & Company raised their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a report on Monday, June 17th. Evercore ISI initiated coverage on shares of ASML in a research report on Tuesday, April 16th. They set an “outperform” rating on the stock. Finally, Sanford C. Bernstein decreased their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,043.00.

ASML Stock Up 1.6 %

The stock has a fifty day moving average of $958.36 and a 200 day moving average of $903.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The firm has a market capitalization of $407.42 billion, a P/E ratio of 52.45, a price-to-earnings-growth ratio of 2.16 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. On average, research analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were issued a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.52%. ASML’s dividend payout ratio (DPR) is presently 32.53%.

Institutional Trading of ASML

A number of large investors have recently bought and sold shares of ASML. American Capital Advisory LLC bought a new stake in ASML in the 1st quarter valued at about $26,000. WD Rutherford LLC purchased a new stake in shares of ASML during the 1st quarter valued at approximately $29,000. Beaird Harris Wealth Management LLC bought a new position in ASML in the 4th quarter worth approximately $34,000. Creative Financial Designs Inc. ADV grew its stake in ASML by 48.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 15 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in ASML during the 1st quarter valued at $37,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

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.