Morgan Stanley reaffirmed their buy rating on shares of ASML Holding NV (NASDAQ:ASML) in a report released on Monday.

Other equities research analysts have also recently issued reports about the company. Bank of America Corp. restated a buy rating on shares of ASML Holding NV in a research report on Saturday, June 18th. JPMorgan Chase & Co. restated a buy rating on shares of ASML Holding NV in a research report on Friday, June 17th. Berenberg Bank restated a buy rating on shares of ASML Holding NV in a research report on Tuesday, July 5th. Summit Redstone restated a buy rating on shares of ASML Holding NV in a research report on Wednesday, July 20th. Finally, Zacks Investment Research upgraded ASML Holding NV from a hold rating to a buy rating and set a $122.00 target price on the stock in a research report on Tuesday, October 4th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of $96.10.

Shares of ASML Holding NV (NASDAQ:ASML) traded down 3.0376% during midday trading on Monday, reaching $103.7401. The company’s stock had a trading volume of 247,639 shares. The company has a 50 day moving average price of $106.63 and a 200-day moving average price of $101.82. The stock has a market capitalization of $43.97 billion, a PE ratio of 30.0435 and a beta of 1.35. ASML Holding NV has a 52 week low of $77.17 and a 52 week high of $111.58.

ASML Holding NV (NASDAQ:ASML) last posted its earnings results on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. ASML Holding NV had a return on equity of 14.09% and a net margin of 19.26%. The firm had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm earned $0.86 EPS. The company’s quarterly revenue was up 5.2% on a year-over-year basis. On average, equities research analysts expect that ASML Holding NV will post $3.60 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. Seven Bridges Advisors LLC increased its position in shares of ASML Holding NV by 23.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,927 shares of the company’s stock worth $191,000 after buying an additional 360 shares during the last quarter. IFP Advisors Inc increased its position in shares of ASML Holding NV by 17.0% in the first quarter. IFP Advisors Inc now owns 1,981 shares of the company’s stock worth $199,000 after buying an additional 288 shares during the last quarter. Checchi Capital Advisers LLC increased its position in shares of ASML Holding NV by 7.5% in the second quarter. Checchi Capital Advisers LLC now owns 2,369 shares of the company’s stock worth $235,000 after buying an additional 165 shares during the last quarter. Homrich & Berg purchased a new position in shares of ASML Holding NV during the second quarter worth approximately $241,000. Finally, Brown Advisory Inc. purchased a new position in shares of ASML Holding NV during the second quarter worth approximately $244,000. Hedge funds and other institutional investors own 15.06% of the company’s stock.

ASML Holding NV Company Profile

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.

5 Day Chart for NASDAQ:ASML

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