ASML Holding (NASDAQ:ASML) Receives Average Rating of “Moderate Buy” from Brokerages

ASML Holding (NASDAQ:ASML) has been assigned an average rating of “Moderate Buy” from the eleven research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $937.00.

ASML has been the topic of a number of research reports. Wells Fargo & Company increased their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. dropped 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 report on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Sanford C. Bernstein dropped their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th.

Hedge Funds Weigh In On ASML

Several large investors have recently bought and sold shares of the stock. Steigerwald Gordon & Koch Inc. boosted its position in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after purchasing an additional 14 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its position in shares of ASML by 0.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after purchasing an additional 14 shares in the last quarter. Trust Point Inc. boosted its position in shares of ASML by 2.4% during the 4th quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 14 shares in the last quarter. Sunpointe LLC boosted its position in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after purchasing an additional 14 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its position in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 2.3 %

Shares of NASDAQ:ASML opened at $746.93 on Thursday. The stock has a market capitalization of $293.86 billion, a price-to-earnings ratio of 35.91, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47. ASML has a 1-year low of $645.45 and a 1-year high of $1,110.09. The company’s fifty day moving average is $733.34 and its two-hundred day moving average is $756.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

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

ASML Increases Dividend

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

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.