Brokerages Set ASML Holding (NASDAQ:ASML) Price Target at $937.00

Shares of ASML Holding (NASDAQ:ASML) have been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $937.00.

Several equities research analysts have recently weighed in on ASML shares. DZ Bank raised shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their target price on 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.

ASML Stock Performance

NASDAQ ASML opened at $683.16 on Friday. The stock has a market capitalization of $268.77 billion, a PE ratio of 32.84, a P/E/G ratio of 1.62 and a beta of 1.67. ASML has a 1-year low of $578.51 and a 1-year high of $1,110.09. The business has a 50 day simple moving average of $703.70 and a two-hundred day simple moving average of $716.63. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts predict that ASML will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Monday, April 28th will be paid a dividend of $1.5855 per share. The ex-dividend date of this dividend is Monday, April 28th. This is an increase from ASML’s previous dividend of $1.08. ASML’s payout ratio is currently 31.35%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kennebec Savings Bank increased its stake in shares of ASML by 227.3% during the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the period. Wellington Shields & Co. LLC increased its position in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in shares of ASML in the 4th quarter valued at about $31,000. Albion Financial Group UT lifted its position in shares of ASML by 133.3% in 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 position in shares of ASML during the fourth quarter valued at approximately $39,000. Institutional investors own 26.07% of the company’s stock.

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.