ASML (NASDAQ:ASML) Shares Up 1.1%

ASML Holding (NASDAQ:ASML)’s stock price was up 1.1% during mid-day trading on Friday . The stock traded as high as $930.97 and last traded at $930.01. Approximately 239,808 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,167,061 shares. The stock had previously closed at $919.54.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ASML shares. Raymond James lifted their price objective on ASML from $850.00 to $1,000.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 25th. Susquehanna upped their price objective on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Cantor Fitzgerald began coverage on ASML in a report on Tuesday, January 23rd. They issued an “overweight” rating for the company. HSBC assumed coverage on ASML in a research note on Thursday, February 22nd. They set a “buy” rating on the stock. Finally, Redburn Atlantic upgraded ASML from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 20th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,036.00.

ASML Trading Up 0.6 %

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 capitalization of $365.00 billion, a price-to-earnings ratio of 47.50, a P/E/G ratio of 2.34 and a beta of 1.49. The business has a fifty day moving average price of $940.72 and a 200 day moving average price of $834.64.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 EPS for the quarter, topping the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. As a group, equities analysts forecast that ASML Holding will post 20.04 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were given a dividend of $1.343 per share. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.58%. ASML’s dividend payout ratio (DPR) is 32.53%.

Institutional Trading of ASML

Large investors have recently added to or reduced their stakes in the stock. American Capital Advisory LLC purchased a new stake in ASML during the 1st quarter worth $26,000. WD Rutherford LLC acquired a new stake in shares of ASML during the first quarter valued at about $29,000. ZRC Wealth Management LLC purchased a new stake in shares of ASML during the first quarter worth about $39,000. Rocky Mountain Advisers LLC lifted its stake in shares of ASML by 110.0% in the first quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 22 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in ASML in the first quarter valued at about $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

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.