ASML (NASDAQ:ASML) Trading Down 0.3% – Should You Sell?
by Tristan Rich · The Markets DailyASML Holding (NASDAQ:ASML – Get Free Report) shares fell 0.3% during mid-day trading on Thursday . The stock traded as low as $724.23 and last traded at $732.58. 311,410 shares changed hands during trading, a decline of 79% from the average session volume of 1,518,440 shares. The stock had previously closed at $734.91.
Analyst Ratings Changes
Several research analysts have recently issued reports on ASML shares. Sanford C. Bernstein decreased their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. JPMorgan Chase & Co. dropped their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, DZ Bank raised ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $937.00.
Get Our Latest Analysis on ASML
ASML Price Performance
The company has a market capitalization of $287.32 billion, a P/E ratio of 35.08, a price-to-earnings-growth ratio of 1.62 and a beta of 1.54. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The business’s 50-day moving average is $731.54 and its two-hundred day moving average is $736.45.
ASML (NASDAQ:ASML – Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, analysts predict that ASML Holding will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 31.35%.
Institutional Investors Weigh In On ASML
A number of large investors have recently made changes to their positions in ASML. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% during the 4th 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. Wellington Shields & Co. LLC lifted its holdings in shares of ASML by 740.0% in the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of ASML during the 4th quarter worth about $31,000. Albion Financial Group UT boosted its stake in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the period. Finally, Roxbury Financial LLC bought a new stake in ASML during the 4th quarter valued at about $39,000. 26.07% of the stock is currently owned by institutional investors.
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.
Recommended Stories
- Five stocks we like better than ASML
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- What Are Dividend Challengers?
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- What is a Dividend King?
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play