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

ASML Holding (NASDAQ:ASML) has received a consensus rating of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $946.60.

Several brokerages have recently issued reports on ASML. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Institutional Trading of ASML

Institutional investors and hedge funds have recently bought and sold shares of the company. Fairway Wealth LLC purchased a new position in shares of ASML during the third quarter worth about $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Kennebec Savings Bank increased its holdings in shares of ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. Fortitude Family Office LLC raised 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 buying an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of ASML during the 3rd quarter worth $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

ASML Stock Performance

NASDAQ ASML opened at $732.25 on Friday. The company has a market capitalization of $288.08 billion, a PE ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. ASML has a 52-week low of $645.45 and a 52-week high of $1,110.09. The company has a 50-day simple moving average of $714.70 and a 200 day simple moving average of $788.08.

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.