ASML (NASDAQ:ASML) Trading 0.9% Higher – What’s Next?

ASML Holding (NASDAQ:ASML)’s stock price shot up 0.9% on Tuesday . The company traded as high as $665.67 and last traded at $668.58. 362,508 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,553,325 shares. The stock had previously closed at $662.63.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ASML. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. cut their price target 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. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $937.00.

ASML Trading Down 0.5 %

The stock’s fifty day moving average price is $725.59 and its 200 day moving average price is $730.56. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market cap of $259.31 billion, a PE ratio of 31.69, a PEG ratio of 1.62 and a beta of 1.54.

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%. On average, sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend is Monday, April 28th. ASML’s dividend payout ratio (DPR) is 31.35%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of ASML by 6.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 49,472 shares of the semiconductor company’s stock worth $41,223,000 after buying an additional 3,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of ASML by 56.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 565 shares of the semiconductor company’s stock worth $471,000 after acquiring an additional 205 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of ASML by 36.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,799 shares of the semiconductor company’s stock worth $5,665,000 after acquiring an additional 1,830 shares during the last quarter. Bamco Inc. NY grew its position in shares of ASML by 1.7% during the 3rd quarter. Bamco Inc. NY now owns 53,929 shares of the semiconductor company’s stock valued at $44,936,000 after acquiring an additional 894 shares during the period. Finally, Aureus Asset Management LLC increased its stake in shares of ASML by 5.6% in the 3rd quarter. Aureus Asset Management LLC now owns 323 shares of the semiconductor company’s stock worth $269,000 after purchasing an additional 17 shares in the last quarter. 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.