ASML (NASDAQ:ASML) Shares Up 0.2%

ASML Holding (NASDAQ:ASML) shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $989.39 and last traded at $981.02. 205,078 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,245,980 shares. The stock had previously closed at $978.93.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ASML. Susquehanna lifted their target price on shares of ASML from $830.00 to $1,100.00 and gave the company a “positive” rating in a research note on Friday, January 26th. Redburn Atlantic raised shares of ASML from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 20th. JPMorgan Chase & Co. lifted their price target on shares of ASML from $726.00 to $878.00 and gave the company an “overweight” rating in a research report on Thursday, November 30th. HSBC started coverage on shares of ASML in a research report on Thursday, February 22nd. They issued a “buy” rating on the stock. Finally, Raymond James lifted their price target on shares of ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 25th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $962.60.

ASML Price Performance

The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $919.52 and its 200-day simple moving average is $750.25. The stock has a market cap of $384.33 billion, a P/E ratio of 45.28, a price-to-earnings-growth ratio of 2.34 and a beta of 1.49.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, beating the consensus estimate of $5.12 by $0.48. ASML had a net margin of 28.44% and a return on equity of 68.32%. The company had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.34 billion. As a group, sell-side analysts forecast that ASML Holding will post 20.48 EPS for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be given a dividend of $1.343 per share. The ex-dividend date is Friday, April 26th. This represents a $5.37 annualized dividend and a yield of 0.55%. ASML’s dividend payout ratio (DPR) is 24.59%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Carmel Capital Partners LLC lifted its position in ASML by 200.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 45 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 30 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in ASML during the 4th quarter valued at about $34,000. Creative Financial Designs Inc. ADV lifted its position in ASML by 48.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 46 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 15 shares during the period. Addison Advisors LLC increased its stake in shares of ASML by 220.0% in the 3rd quarter. Addison Advisors LLC now owns 48 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 33 shares during the last quarter. Finally, Bollard Group LLC bought a new stake in shares of ASML in the 2nd quarter valued at about $36,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

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.