ASML Holding (NASDAQ:ASML) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of ASML Holding (NASDAQ:ASML) have earned an average rating of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $943.83.

A number of equities research analysts have recently issued reports on ASML shares. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. Susquehanna dropped their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Finally, Morgan Stanley cut shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th.

Institutional Trading of ASML

A number of institutional investors and hedge funds have recently bought and sold shares of ASML. Fairway Wealth LLC purchased a new stake in shares of ASML during the 3rd quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new position in shares of ASML in the second quarter worth approximately $26,000. Milestone Investment Advisors LLC purchased a new position in shares of ASML in the third quarter worth approximately $28,000. Triad Wealth Partners LLC purchased a new position in shares of ASML in the second quarter worth approximately $31,000. Finally, First Community Trust NA purchased a new position in shares of ASML in the second quarter worth approximately $34,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

Shares of NASDAQ:ASML opened at $708.98 on Friday. The company’s fifty day moving average price is $723.66 and its 200-day moving average price is $859.93. The firm has a market capitalization of $278.93 billion, a price-to-earnings ratio of 37.12, a PEG ratio of 2.08 and a beta of 1.49. ASML has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. The firm had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, equities research analysts anticipate that ASML will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th were paid a dividend of $1.407 per share. The ex-dividend date was Tuesday, October 29th. This represents a $5.63 dividend on an annualized basis and a yield of 0.79%. ASML’s dividend payout ratio is currently 29.21%.

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.