Several other brokerages have also commented on ASML. Zacks Investment Research lowered ASML from a hold rating to a sell rating in a research report on Tuesday, April 9th. Goldman Sachs Group lowered ASML from a conviction-buy rating to a buy rating in a research report on Monday, April 15th. Royal Bank of Canada reiterated a buy rating on shares of ASML in a research report on Monday, February 25th. Wells Fargo & Co initiated coverage on ASML in a research report on Wednesday, June 19th. They issued an outperform rating and a $230.00 target price for the company. Finally, Morgan Stanley initiated coverage on ASML in a research report on Wednesday, June 19th. They issued an overweight rating for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Buy and an average price target of $206.50.
ASML stock opened at $204.39 on Monday. The company has a quick ratio of 1.87, a current ratio of 2.78 and a debt-to-equity ratio of 0.26. ASML has a 52-week low of $144.50 and a 52-week high of $221.66. The business’s 50 day simple moving average is $195.42. The stock has a market cap of $83.85 billion, a P/E ratio of 28.27, a PEG ratio of 1.98 and a beta of 1.20.
ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.89. ASML had a return on equity of 22.70% and a net margin of 23.66%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the previous year, the business earned $1.26 EPS. ASML’s revenue for the quarter was down 2.5% compared to the same quarter last year. Equities research analysts anticipate that ASML will post 6.99 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new position in ASML during the 1st quarter valued at approximately $1,015,000. Macquarie Group Ltd. boosted its position in ASML by 17.7% during the 4th quarter. Macquarie Group Ltd. now owns 33,900 shares of the semiconductor company’s stock valued at $5,276,000 after purchasing an additional 5,100 shares during the period. State of Tennessee Treasury Department acquired a new position in ASML during the 4th quarter valued at approximately $15,031,000. Covington Capital Management boosted its position in ASML by 151.4% during the 4th quarter. Covington Capital Management now owns 9,755 shares of the semiconductor company’s stock valued at $1,518,000 after purchasing an additional 5,875 shares during the period. Finally, Wells Fargo & Company MN boosted its position in ASML by 22.1% during the 1st quarter. Wells Fargo & Company MN now owns 326,769 shares of the semiconductor company’s stock valued at $61,449,000 after purchasing an additional 59,047 shares during the period. Institutional investors own 16.80% of the company’s stock.
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 Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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