ASML Holding N.V. (NASDAQ:ASML – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $1,825.50 and last traded at $1,817.7070, with a volume of 337551 shares trading hands. The stock had previously closed at $1,749.04.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. Wells Fargo & Company reissued an “overweight” rating and issued a $1,750.00 price target on shares of ASML in a research report on Thursday, April 16th. Wall Street Zen lowered shares of ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Sanford C. Bernstein reissued a “buy” rating on shares of ASML in a research report on Monday, May 25th. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Barclays reissued an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Four equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,589.63.
Check Out Our Latest Report on ASML
ASML Price Performance
ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion for the quarter. As a group, equities analysts anticipate that ASML Holding N.V. will post 36.93 EPS for the current fiscal year.
Institutional Investors Weigh In On ASML
A number of institutional investors have recently bought and sold shares of ASML. Arrowstreet Capital Limited Partnership boosted its stake in ASML by 195.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company’s stock worth $1,652,618,000 after buying an additional 1,022,532 shares in the last quarter. Capital International Investors boosted its stake in ASML by 17.3% during the third quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company’s stock worth $3,791,982,000 after buying an additional 577,448 shares in the last quarter. Regents of The University of California acquired a new stake in ASML during the third quarter worth $413,335,000. Alliancebernstein L.P. boosted its stake in ASML by 75.6% during the third quarter. Alliancebernstein L.P. now owns 790,869 shares of the semiconductor company’s stock worth $765,632,000 after buying an additional 340,518 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in ASML by 16.6% during the third quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company’s stock worth $2,079,948,000 after buying an additional 305,435 shares in 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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