ASML’s (ASML) Neutral Rating Reiterated at Barclays

ASML (NASDAQ:ASML)‘s stock had its “neutral” rating reaffirmed by investment analysts at Barclays in a report issued on Wednesday,MarketScreener reports.

A number of other equities research analysts also recently weighed in on ASML. Morningstar downgraded ASML to a “hold” rating in a research report on Thursday, September 18th. Evercore ISI reissued an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Monday, October 13th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a research note on Monday, September 29th. Finally, DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, October 15th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,076.33.

ASML Trading Up 4.3%

NASDAQ ASML opened at $1,046.40 on Wednesday. ASML has a one year low of $578.51 and a one year high of $1,086.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The company has a market capitalization of $411.53 billion, a price-to-earnings ratio of 42.59, a price-to-earnings-growth ratio of 1.76 and a beta of 1.88. The company’s 50-day simple moving average is $1,005.10 and its two-hundred day simple moving average is $845.94.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion for the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue was up .7% compared to the same quarter last year. During the same period last year, the company posted $5.28 earnings per share. Equities analysts forecast that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

A number of hedge funds have recently added to or reduced their stakes in the company. HBK Sorce Advisory LLC grew its position in shares of ASML by 1.0% during the 3rd quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company’s stock valued at $1,067,000 after acquiring an additional 10 shares during the period. Albion Financial Group UT grew its holdings in ASML by 27.8% in the third quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 10 shares during the period. Global Assets Advisory LLC increased its position in shares of ASML by 2.3% in the third quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company’s stock valued at $438,000 after buying an additional 10 shares in the last quarter. State of Wyoming raised its stake in shares of ASML by 4.2% during the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company’s stock worth $239,000 after buying an additional 10 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of ASML by 3.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company’s stock valued at $334,000 after buying an additional 10 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

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.