ASML Holding NV (NASDAQ:ASML)‘s stock had its “buy” rating reiterated by analysts at Morgan Stanley in a research note issued to investors on Monday.
ASML has been the subject of a number of other reports. B. Riley reiterated a “neutral” rating and set a $113.00 price target on shares of ASML Holding NV in a report on Tuesday, July 26th. Bank of America Corp. reiterated a “buy” rating on shares of ASML Holding NV in a report on Saturday, June 18th. Berenberg Bank reiterated a “buy” rating on shares of ASML Holding NV in a report on Tuesday, June 28th. RBC Capital Markets reiterated a “sector perform” rating and set a $110.00 price target (up from $103.00) on shares of ASML Holding NV in a report on Friday, July 22nd. Finally, Zacks Investment Research upgraded ASML Holding NV from a “hold” rating to a “buy” rating and set a $122.00 price target for the company in a report on Tuesday, October 4th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $96.10.
ASML Holding NV (NASDAQ:ASML) traded up 1.25% during mid-day trading on Monday, hitting $107.71. The company had a trading volume of 221,393 shares. ASML Holding NV has a 12-month low of $77.17 and a 12-month high of $111.58. The firm has a market capitalization of $45.65 billion, a PE ratio of 31.00 and a beta of 1.35. The company’s 50 day moving average price is $106.62 and its 200-day moving average price is $101.69.
ASML Holding NV (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. The business earned $1.74 billion during the quarter, compared to the consensus estimate of $1.71 billion. ASML Holding NV had a return on equity of 14.09% and a net margin of 19.26%. ASML Holding NV’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.86 earnings per share. On average, analysts forecast that ASML Holding NV will post $3.60 EPS for the current fiscal year.
A number of institutional investors have recently made changes to their positions in the stock. NN Investment Partners Holdings N.V. boosted its position in shares of ASML Holding NV by 22.5% in the second quarter. NN Investment Partners Holdings N.V. now owns 25,240 shares of the company’s stock valued at $2,504,000 after buying an additional 4,640 shares during the last quarter. Creative Planning boosted its position in ASML Holding NV by 3.9% in the second quarter. Creative Planning now owns 2,657 shares of the company’s stock valued at $264,000 after buying an additional 99 shares in the last quarter. Raymond James Trust N.A. boosted its position in ASML Holding NV by 9.9% in the second quarter. Raymond James Trust N.A. now owns 4,389 shares of the company’s stock valued at $435,000 after buying an additional 396 shares in the last quarter. Silvercrest Asset Management Group LLC purchased a new position in ASML Holding NV during the first quarter valued at approximately $1,116,000. Finally, Envestnet Asset Management Inc. boosted its position in ASML Holding NV by 25.5% in the first quarter. Envestnet Asset Management Inc. now owns 61,626 shares of the company’s stock valued at $6,187,000 after buying an additional 12,539 shares in the last quarter. 15.06% of the stock is currently owned by institutional investors and hedge funds.
ASML Holding NV Company Profile
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.
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