ASML’s (ASML) Neutral Rating Reaffirmed at Barclays

ASML (NASDAQ:ASML)‘s stock had its “neutral” rating reissued by research analysts at Barclays in a research report issued to clients and investors on Monday,MarketScreener reports.

ASML has been the subject of a number of other research reports. Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research note on Monday, October 6th. Mizuho raised shares of ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.00.

ASML Stock Down 0.4%

NASDAQ ASML opened at $1,389.04 on Monday. ASML has a 12 month low of $578.51 and a 12 month high of $1,398.80. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock has a market cap of $546.28 billion, a PE ratio of 56.53, a P/E/G ratio of 1.87 and a beta of 1.86. The stock’s 50 day moving average is $1,135.52 and its 200 day moving average is $963.97.

Institutional Investors Weigh In On ASML

Several institutional investors have recently modified their holdings of the stock. Capstone Wealth Management Group LLC increased its position in shares of ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC lifted its position in ASML by 141.1% in the first quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in ASML by 153.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares during the period. Sivia Capital Partners LLC boosted its stake in ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the period. Finally, Kathmere Capital Management LLC increased its position in ASML by 10.9% during the second quarter. Kathmere Capital Management LLC now owns 429 shares of the semiconductor company’s stock valued at $344,000 after acquiring an additional 42 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.