ASML’s (ASML) Neutral Rating Reaffirmed at UBS Group


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UBS Group restated their neutral rating on shares of ASML (NASDAQ:ASML) in a report released on Wednesday morning, The Fly reports.

A number of other brokerages have also weighed in on ASML. Deutsche Bank Aktiengesellschaft restated a hold rating on shares of ASML in a research note on Tuesday. Morgan Stanley restated an overweight rating on shares of ASML in a research note on Thursday, December 10th. Citigroup reiterated a buy rating on shares of ASML in a report on Monday, September 28th. Berenberg Bank reiterated a buy rating on shares of ASML in a report on Friday, October 16th. Finally, Barclays reiterated an overweight rating on shares of ASML in a report on Tuesday, December 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have given a buy rating to the stock. ASML has an average rating of Buy and a consensus price target of $456.75.

Shares of NASDAQ:ASML traded up $29.07 during midday trading on Wednesday, reaching $543.13. The company’s stock had a trading volume of 49,272 shares, compared to its average volume of 884,379. ASML has a fifty-two week low of $191.25 and a fifty-two week high of $515.60. The company has a market capitalization of $228.01 billion, a P/E ratio of 57.50, a P/E/G ratio of 2.20 and a beta of 1.06. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.92 and a quick ratio of 1.99. The business’s fifty day simple moving average is $473.35 and its 200-day simple moving average is $403.20.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, October 14th. The semiconductor company reported $2.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.38. ASML had a return on equity of 25.91% and a net margin of 24.30%. The company had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.25 billion. On average, analysts forecast that ASML will post 9.21 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Morgan Stanley lifted its position in shares of ASML by 189.9% during the 3rd quarter. Morgan Stanley now owns 507,385 shares of the semiconductor company’s stock valued at $187,363,000 after acquiring an additional 332,369 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in ASML by 29.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 747,155 shares of the semiconductor company’s stock worth $275,903,000 after purchasing an additional 170,980 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in ASML by 32.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 436,790 shares of the semiconductor company’s stock worth $161,293,000 after purchasing an additional 107,678 shares in the last quarter. Fisher Asset Management LLC boosted its stake in ASML by 2.9% in the 3rd quarter. Fisher Asset Management LLC now owns 3,649,095 shares of the semiconductor company’s stock worth $1,347,501,000 after purchasing an additional 103,264 shares in the last quarter. Finally, WCM Investment Management LLC lifted its stake in ASML by 2.4% during the 3rd quarter. WCM Investment Management LLC now owns 4,346,427 shares of the semiconductor company’s stock valued at $1,605,005,000 after acquiring an additional 101,923 shares during the period. Hedge funds and other institutional investors own 17.88% of the company’s stock.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture variosus range of semiconductor nodes and technologies.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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