ASML (NASDAQ:ASML) Shares Up 1.4%

ASML Holding (NASDAQ:ASML)’s share price traded up 1.4% during trading on Friday . The company traded as high as $906.93 and last traded at $900.49. 258,959 shares were traded during mid-day trading, a decline of 79% from the average session volume of 1,215,771 shares. The stock had previously closed at $887.71.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ASML shares. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. JPMorgan Chase & Co. raised their price target 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. Susquehanna lifted their price objective on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. Finally, Wells Fargo & Company increased their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average is $951.39 and its two-hundred day moving average is $954.68. The firm has a market capitalization of $352.32 billion, a price-to-earnings ratio of 45.99, a P/E/G ratio of 1.87 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same period in the previous year, the business earned $5.37 EPS. ASML’s revenue for the quarter was down 9.5% compared to the same quarter last year. On average, analysts predict that ASML Holding will post 20.3 earnings per share for the current year.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.84%. This is a boost from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. ASML’s dividend payout ratio (DPR) is presently 28.50%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ASML. Hilltop National Bank boosted its holdings in shares of ASML by 1.0% during the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock worth $997,000 after acquiring an additional 10 shares during the period. First PREMIER Bank boosted its stake in ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 11 shares during the period. Investment Partners LTD. grew its holdings in ASML by 1.2% in the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after buying an additional 11 shares in the last quarter. Valley National Advisers Inc. increased its position in ASML by 1.1% during the 2nd quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after buying an additional 12 shares during the period. Finally, Pure Financial Advisors LLC lifted its holdings in shares of ASML by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock worth $454,000 after buying an additional 12 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

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.