ASML (NASDAQ:ASML) Shares Down 0%

ASML Holding (NASDAQ:ASML) shares were down 0% during trading on Monday . The company traded as low as $853.35 and last traded at $860.54. Approximately 478,523 shares traded hands during trading, a decline of 61% from the average daily volume of 1,232,116 shares. The stock had previously closed at $860.55.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ASML shares. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 30th. Evercore ISI assumed coverage on shares of ASML in a research note on Tuesday, April 16th. They issued an “outperform” rating for the company. Wells Fargo & Company raised their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the stock a “positive” rating in a research report on Thursday, July 11th. Finally, JPMorgan Chase & Co. lifted their price target on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Two research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Up 1.2 %

The company has a current ratio of 1.52, a quick ratio of 0.84 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $347.07 billion, a price-to-earnings ratio of 44.99, a PEG ratio of 1.87 and a beta of 1.49. The stock has a fifty day moving average of $981.77 and a 200-day moving average of $954.32.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.87 by $0.14. ASML had a return on equity of 49.93% and a net margin of 26.50%. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the previous year, the company earned $5.37 EPS. The business’s revenue for the quarter was down 9.5% compared to the same quarter last year. As a group, sell-side analysts expect that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Monday, July 29th were given a dividend of $1.8732 per share. This represents a $7.49 annualized dividend and a yield of 0.85%. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Monday, July 29th. ASML’s payout ratio is presently 28.50%.

Hedge Funds Weigh In On ASML

Large investors have recently made changes to their positions in the business. American Capital Advisory LLC purchased a new stake in shares of ASML during the first quarter worth $26,000. Resources Management Corp CT ADV purchased a new stake in shares of ASML during the 2nd quarter worth about $26,000. WD Rutherford LLC acquired a new stake in shares of ASML during the 1st quarter valued at about $29,000. Triad Wealth Partners LLC bought a new stake in shares of ASML in the 2nd quarter valued at approximately $31,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in ASML in the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

About ASML

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.