ASML Holding N.V. (NASDAQ:ASML) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of ASML Holding N.V. (NASDAQ:ASML) have earned a consensus recommendation of “Moderate Buy” from the thirty-two analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, twenty-one have assigned a buy recommendation and four have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $1,970.3333.

Several research analysts recently issued reports on ASML shares. UBS Group reissued a “buy” rating on shares of ASML in a report on Wednesday, July 1st. Wells Fargo & Company increased their price target on ASML from $2,200.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. DZ Bank upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating on shares of ASML in a report on Thursday, June 11th. Finally, Susquehanna restated a “positive” rating on shares of ASML in a research note on Tuesday, June 30th.

Institutional Investors Weigh In On ASML

Several hedge funds have recently bought and sold shares of the stock. Capstone Wealth Management Group LLC grew its position in ASML by 5.2% during the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after buying an additional 124 shares during the period. AQR Capital Management LLC raised its position in shares of 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 acquiring an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of ASML by 153.1% in 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 acquiring an additional 10,411 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after acquiring an additional 15 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after acquiring an additional 559 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,642.52 on Thursday. ASML has a twelve month low of $684.24 and a twelve month high of $1,999.96. The company has a current ratio of 1.33, a quick ratio of 0.80 and a debt-to-equity ratio of 0.09. The company has a market cap of $645.97 billion, a PE ratio of 51.11, a price-to-earnings-growth ratio of 0.81 and a beta of 1.79. The company’s 50 day moving average is $1,762.39 and its 200 day moving average is $1,542.35.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Sunday, June 28th. The semiconductor company reported $8.65 EPS for the quarter. The business had revenue of $10.64 billion during the quarter. ASML had a net margin of 30.11% and a return on equity of 52.71%. On average, sell-side analysts forecast that ASML will post 44.68 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Tuesday, July 28th will be issued a $2.1507 dividend. The ex-dividend date of this dividend is Tuesday, July 28th. This represents a $8.60 dividend on an annualized basis and a yield of 0.5%. ASML’s payout ratio is presently 22.62%.

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.