ASML (NASDAQ:ASML) Given “Neutral” Rating at Jefferies Financial Group

Jefferies Financial Group restated their neutral rating on shares of ASML (NASDAQ:ASMLFree Report) in a research note released on Wednesday morning,MarketScreener reports.

A number of other analysts have also commented on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML in a research note on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Wednesday, February 25th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. Barclays reiterated a “buy” rating on shares of ASML in a research note on Wednesday, April 1st. Finally, Santander lowered shares of ASML from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,482.50.

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ASML Stock Performance

Shares of ASML stock opened at $1,421.05 on Wednesday. The company has a 50 day moving average price of $1,388.56 and a 200-day moving average price of $1,195.91. ASML has a 52 week low of $606.86 and a 52 week high of $1,547.22. The firm has a market capitalization of $558.87 billion, a PE ratio of 55.04, a P/E/G ratio of 1.27 and a beta of 1.88. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.14.

ASML Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Monday, April 27th will be given a dividend of $3.1771 per share. This represents a $12.71 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, April 27th. This is a positive change from ASML’s previous quarterly dividend of $1.88. ASML’s payout ratio is presently 25.10%.

Institutional Investors Weigh In On ASML

A number of hedge funds have recently modified their holdings of ASML. Telos Capital Management Inc. raised its stake in ASML by 4.5% during the third quarter. Telos Capital Management Inc. now owns 10,850 shares of the semiconductor company’s stock valued at $10,504,000 after purchasing an additional 463 shares in the last quarter. Regents of The University of California purchased a new stake in ASML during the third quarter valued at $413,335,000. Dimensional Fund Advisors LP raised its stake in ASML by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares in the last quarter. Transcendent Capital Group LLC purchased a new stake in ASML during the third quarter valued at $680,000. Finally, Principal Financial Group Inc. raised its stake in ASML by 34.5% during the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML News Summary

Here are the key news stories impacting ASML this week:

About ASML

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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.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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