ASML Holding (NASDAQ:ASML) Declares $1.58 Quarterly Dividend

ASML Holding (NASDAQ:ASML) announced a quarterly dividend on Friday, January 26th, Wall Street Journal reports. Stockholders of record on Monday, April 29th will be paid a dividend of 1.5794 per share by the semiconductor company on Tuesday, May 7th. This represents a $6.32 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Friday, April 26th.

ASML has a payout ratio of 24.0% meaning its dividend is sufficiently covered by earnings. Analysts expect ASML to earn $30.43 per share next year, which means the company should continue to be able to cover its $7.60 annual dividend with an expected future payout ratio of 25.0%.

ASML Stock Up 3.4 %

ASML opened at $901.57 on Wednesday. The business has a 50 day moving average price of $957.00 and a 200 day moving average price of $800.90. ASML has a twelve month low of $563.99 and a twelve month high of $1,056.34. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.88 and a current ratio of 1.54. The firm has a market cap of $355.75 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 2.11 and a beta of 1.49.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.12 by $0.48. ASML had a return on equity of 56.99% and a net margin of 27.23%. The firm had revenue of $7.79 billion during the quarter, compared to analyst estimates of $7.34 billion. Research analysts forecast that ASML will post 20.31 EPS for the current year.

Analyst Ratings Changes

ASML has been the subject of a number of research analyst reports. Susquehanna upped their price target on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a report on Friday, January 26th. Raymond James upped their price target on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a report on Thursday, January 25th. HSBC initiated coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating for the company. Sanford C. Bernstein cut their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a report on Tuesday, February 20th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,036.00.

ASML Company Profile

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.