ASML Holding N.V. (NASDAQ:ASML – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $1,905.12 and last traded at $1,894.7020, with a volume of 122253 shares changing hands. The stock had previously closed at $1,863.55.
Key Headlines Impacting ASML
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML’s long-term outlook remains supported by its market leadership in advanced chipmaking equipment, with recent coverage highlighting record order demand, AI infrastructure spending, and raised full-year guidance. ASML Could Soar Higher in 12 Months and Here’s Why We’d Buy It
- Positive Sentiment: Several bullish commentaries say ASML’s recent surge is tied to AI-driven chip demand, EUV dominance, and expectations for continued EPS growth, supporting the stock’s strong multi-month run. ASML Surges 36% in 3 Months: Should Investors Buy the Stock?
- Positive Sentiment: ASML also announced ongoing share repurchases under its buyback program, which can be supportive for shareholder returns. ASML reports transactions under its current share buyback program
- Neutral Sentiment: Analyst commentary remains mixed: Sanford C. Bernstein reaffirmed a buy rating, while other recent articles warn that ASML’s premium valuation could limit near-term upside despite strong fundamentals. ASML gets a buy rating from Bernstein
- Negative Sentiment: The immediate pressure on ASML came from a broader pullback, with market coverage noting it fell more than the overall market in the latest session, suggesting investors were taking profits after a strong run. Here’s Why ASML (ASML) Fell More Than Broader Market
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 4th. JPMorgan Chase & Co. upped their price target on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. UBS Group reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, May 20th. Freedom Capital raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.
ASML Stock Performance
The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average is $1,561.06 and its two-hundred day moving average is $1,383.61. The stock has a market cap of $709.43 billion, a price-to-earnings ratio of 64.70, a P/E/G ratio of 1.52 and a beta of 1.82.
ASML (NASDAQ:ASML – Get Free Report) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion during the quarter. As a group, sell-side analysts expect that ASML Holding N.V. will post 36.76 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of ASML. Capstone Wealth Management Group LLC raised its position in shares of ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC raised its position in shares of ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of ASML by 1.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after purchasing an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of ASML by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock worth $9,122,000 after purchasing an additional 559 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
About ASML
ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.
ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.
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