Brokerages Set ASML Holding (NASDAQ:ASML) PT at $906.00

ASML Holding (NASDAQ:ASML) has been given an average rating of “Moderate Buy” by the ten ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $906.00.

ASML has been the subject of a number of recent analyst reports. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Susquehanna reduced their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th.

Institutional Trading of ASML

Several hedge funds have recently bought and sold shares of the company. Putney Financial Group LLC boosted its position in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after buying an additional 29 shares during the period. Kennebec Savings Bank boosted its stake in ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of ASML in the 1st quarter worth approximately $27,000. Wellington Shields & Co. LLC raised its position in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 37 shares during the period. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of ASML in the fourth quarter worth about $31,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Down 0.3 %

ASML opened at $706.21 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The stock has a market capitalization of $277.84 billion, a price-to-earnings ratio of 33.95, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75. ASML has a 12 month low of $578.51 and a 12 month high of $1,110.09. The business has a 50-day moving average of $679.19 and a two-hundred day moving average of $701.79.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating analysts’ consensus estimates of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts expect that ASML will post 25.17 earnings per share for the current year.

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.