ASML (NASDAQ:ASML) Given “Buy” Rating at UBS Group

ASML (NASDAQ:ASML)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a research note issued to investors on Tuesday,MarketScreener reports.

Other equities research analysts also recently issued reports about the stock. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Tuesday, January 13th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of ASML in a report on Tuesday, December 16th. Zacks Research lowered shares of ASML from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, December 10th. Finally, HSBC reiterated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,392.75.

ASML Trading Down 2.6%

NASDAQ:ASML opened at $1,323.80 on Tuesday. ASML has a 12-month low of $578.51 and a 12-month high of $1,375.37. The company has a current ratio of 1.31, a quick ratio of 0.70 and a debt-to-equity ratio of 0.14. The stock’s 50 day simple moving average is $1,107.84 and its 200-day simple moving average is $947.80. The firm has a market cap of $520.62 billion, a P/E ratio of 53.88, a PEG ratio of 1.99 and a beta of 1.86.

Institutional Trading of ASML

Several large investors have recently made changes to their positions in ASML. Capstone Wealth Management Group LLC increased its stake in shares of ASML by 5.2% in the first 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 period. AQR Capital Management LLC increased its holdings in ASML by 141.1% in the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after buying an additional 4,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in ASML by 153.1% in the first 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 in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of ASML by 4.3% during the second quarter. UMB Bank n.a. now owns 317 shares of the semiconductor company’s stock valued at $254,000 after acquiring an additional 13 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Company Profile

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.