ASML (NASDAQ:ASML) Trading Down 2.3%

Shares of ASML Holding (NASDAQ:ASML) fell 2.3% during trading on Monday . The company traded as low as $797.61 and last traded at $797.61. 289,913 shares were traded during trading, a decline of 77% from the average session volume of 1,255,410 shares. The stock had previously closed at $816.36.

Analyst Upgrades and Downgrades

A number of research firms have commented on ASML. Wells Fargo & Company lifted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Susquehanna lifted their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a report on Thursday, July 11th. JPMorgan Chase & Co. lifted their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a report on Thursday, July 18th. Finally, UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Stock Performance

The firm has a market cap of $310.87 billion, a price-to-earnings ratio of 40.57, a P/E/G ratio of 1.96 and a beta of 1.49. The stock has a 50 day moving average of $887.62 and a 200 day moving average of $943.15. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 EPS for the quarter, topping the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6 billion. ASML had a return on equity of 49.93% and a net margin of 26.50%. The business’s quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.37 earnings per share. As a group, analysts anticipate that ASML Holding will post 20.38 EPS for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 annualized dividend and a yield of 0.95%. ASML’s payout ratio is presently 28.50%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Hilltop National Bank grew 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 purchasing an additional 10 shares during the last quarter. First PREMIER Bank grew its holdings in shares of ASML by 4.2% during the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock worth $265,000 after purchasing an additional 11 shares during the last quarter. Investment Partners LTD. grew its holdings in shares of ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares during the last quarter. Valley National Advisers Inc. grew its holdings in shares of ASML by 1.1% during the second quarter. Valley National Advisers Inc. now owns 1,134 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 12 shares during the last quarter. Finally, Pure Financial Advisors LLC grew 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 purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds 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.