ASML Holding NV (NASDAQ:ASML) Short Interest Update

ASML Holding NV (NASDAQ:ASML) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 1,080,000 shares, a decline of 20.6% from the June 30th total of 1,360,000 shares. Based on an average trading volume of 792,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the shares of the company are short sold.

Several analysts recently issued reports on ASML shares. Wells Fargo & Co boosted their target price on shares of ASML from $410.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Zacks Investment Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research report on Friday. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. restated an “overweight” rating on shares of ASML in a research report on Friday, July 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of ASML in a research report on Friday, July 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $383.60.

Shares of NASDAQ:ASML opened at $353.72 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.91 and a quick ratio of 1.90. ASML has a 1-year low of $191.25 and a 1-year high of $402.86. The company has a market capitalization of $148.50 billion, a P/E ratio of 46.30, a P/E/G ratio of 1.80 and a beta of 1.04. The firm’s 50 day simple moving average is $371.80 and its two-hundred day simple moving average is $311.66.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 15th. The semiconductor company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.08. ASML had a net margin of 22.70% and a return on equity of 23.21%. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the previous year, the firm earned $1.13 earnings per share. The company’s revenue for the quarter was up 36.3% on a year-over-year basis. On average, sell-side analysts anticipate that ASML will post 8.61 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in ASML. JPMorgan Chase & Co. lifted its holdings in shares of ASML by 145.2% in the first quarter. JPMorgan Chase & Co. now owns 3,959,276 shares of the semiconductor company’s stock worth $1,035,906,000 after buying an additional 2,344,364 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of ASML by 36.4% in the first quarter. Fisher Asset Management LLC now owns 3,453,577 shares of the semiconductor company’s stock worth $903,594,000 after buying an additional 922,387 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of ASML by 120.9% in the first quarter. Alliancebernstein L.P. now owns 844,662 shares of the semiconductor company’s stock worth $220,997,000 after buying an additional 462,295 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of ASML by 187.9% in the first quarter. Wellington Management Group LLP now owns 359,966 shares of the semiconductor company’s stock worth $94,182,000 after buying an additional 234,929 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of ASML in the fourth quarter worth $65,278,000. 17.85% of the stock is currently 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 consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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