ASML (NASDAQ:ASML) Shares Up 1.5%

ASML Holding (NASDAQ:ASML) shares shot up 1.5% during mid-day trading on Wednesday . The stock traded as high as $1,077.51 and last traded at $1,076.12. 227,599 shares changed hands during trading, a decline of 80% from the average session volume of 1,115,271 shares. The stock had previously closed at $1,059.97.

Analyst Ratings Changes

ASML has been the subject of several recent analyst reports. Wells Fargo & Company upped their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research report on Monday, June 17th. Sanford C. Bernstein decreased their price target on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research note on Friday, April 12th. Finally, Evercore ISI assumed coverage on ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has an average rating of “Moderate Buy” and a consensus target price of $1,043.00.

ASML Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 1.54 and a quick ratio of 0.88. The company’s fifty day simple moving average is $987.73 and its two-hundred day simple moving average is $924.58. The stock has a market cap of $428.13 billion, a price-to-earnings ratio of 54.96, a P/E/G ratio of 2.28 and a beta of 1.49.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The firm had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. On average, analysts forecast that ASML Holding will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Monday, April 29th were issued a dividend of $1.343 per share. The ex-dividend date of this dividend was Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.50%. ASML’s payout ratio is 32.53%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Hilltop National Bank raised its holdings in shares of ASML by 1.0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 10 shares during the last quarter. First PREMIER Bank raised its holdings in shares of ASML by 4.2% in the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 11 shares during the last quarter. Investment Partners LTD. raised its holdings in shares of ASML by 1.2% in the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after purchasing an additional 11 shares during the last quarter. Toth Financial Advisory Corp raised its holdings in shares of ASML by 11.5% in the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 13 shares during the last quarter. Finally, Slow Capital Inc. raised its holdings in shares of ASML by 0.3% in the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.