ASML (NASDAQ:ASML) Trading Down 1.1%

Shares of ASML Holding (NASDAQ:ASML) traded down 1.1% during trading on Thursday . The company traded as low as $792.10 and last traded at $802.18. 525,805 shares were traded during trading, a decline of 57% from the average session volume of 1,226,487 shares. The stock had previously closed at $811.48.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research note on Thursday, July 18th. Barclays upgraded shares of ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Susquehanna boosted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a report on Thursday, July 11th. UBS Group lowered shares of ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday. Finally, Wells Fargo & Company boosted their price objective on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a research note on Monday, June 17th. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Stock Performance

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The stock has a market cap of $297.04 billion, a P/E ratio of 38.45, a price-to-earnings-growth ratio of 1.91 and a beta of 1.49. The firm’s 50 day moving average is $925.80 and its 200 day moving average is $950.52.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.87 by $0.14. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. During the same quarter in the prior year, the business posted $5.37 EPS. ASML’s revenue for the quarter was down 9.5% compared to the same quarter last year. Analysts anticipate that ASML Holding will post 20.3 EPS for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Monday, July 29th were paid a dividend of $1.8732 per share. This is a positive change from ASML’s previous quarterly dividend of $1.34. The ex-dividend date was Monday, July 29th. This represents a $7.49 dividend on an annualized basis and a yield of 1.00%. ASML’s dividend payout ratio is presently 28.50%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ASML. Aveo Capital Partners LLC increased its stake in ASML by 25.7% during the 4th quarter. Aveo Capital Partners LLC now owns 636 shares of the semiconductor company’s stock valued at $481,000 after purchasing an additional 130 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of ASML by 11.5% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 667 shares of the semiconductor company’s stock valued at $505,000 after acquiring an additional 69 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of ASML by 1.8% in the 4th quarter. Private Advisor Group LLC now owns 5,364 shares of the semiconductor company’s stock valued at $4,060,000 after acquiring an additional 96 shares during the last quarter. Lincoln National Corp boosted its holdings in shares of ASML by 3.7% in the 4th quarter. Lincoln National Corp now owns 975 shares of the semiconductor company’s stock valued at $738,000 after acquiring an additional 35 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of ASML in the 4th quarter valued at $313,000. 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.