A number of other research analysts also recently commented on the company. BidaskClub downgraded ASML from a buy rating to a hold rating in a report on Tuesday, August 14th. ValuEngine downgraded ASML from a buy rating to a hold rating in a report on Friday, September 7th. Zacks Investment Research downgraded ASML from a buy rating to a hold rating in a report on Tuesday, July 17th. BlueFin Research raised ASML from a neutral rating to a positive rating in a report on Monday, July 16th. Finally, Mizuho initiated coverage on ASML in a report on Monday, May 21st. They set a buy rating on the stock. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of $217.25.
ASML traded up $2.50 on Monday, reaching $174.28. The company’s stock had a trading volume of 905,840 shares, compared to its average volume of 922,416. The company has a market capitalization of $80.20 billion, a P/E ratio of 31.29, a P/E/G ratio of 1.44 and a beta of 1.03. ASML has a 1 year low of $168.30 and a 1 year high of $221.66. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.77 and a current ratio of 2.73.
ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 18th. The semiconductor company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.20. ASML had a return on equity of 22.51% and a net margin of 23.86%. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the prior year, the business posted $1.08 earnings per share. ASML’s revenue for the quarter was up 30.4% on a year-over-year basis. As a group, equities research analysts forecast that ASML will post 6.98 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the company. Smithfield Trust Co. acquired a new stake in shares of ASML during the 2nd quarter worth approximately $104,000. Clearwater Capital Advisors LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $114,000. Institutional & Family Asset Management LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $115,000. Nomura Asset Management Co. Ltd. acquired a new stake in shares of ASML during the 2nd quarter worth approximately $201,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of ASML during the 1st quarter worth approximately $202,000. Institutional investors and hedge funds own 16.66% of the company’s stock.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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