ASML (NASDAQ:ASML) Hits New 1-Year High at $286.29

ASML Holding NV (NASDAQ:ASML)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $286.29 and last traded at $285.66, with a volume of 13666 shares trading hands. The stock had previously closed at $284.04.

ASML has been the topic of a number of recent research reports. BidaskClub raised ASML from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 7th. JPMorgan Chase & Co. boosted their target price on ASML from $260.00 to $310.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. Kepler Capital Markets lowered ASML from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. ValuEngine lowered ASML from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Cheuvreux lowered ASML from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $258.75.

The stock has a fifty day moving average of $271.08 and a two-hundred day moving average of $234.51. The stock has a market cap of $119.62 billion, a price-to-earnings ratio of 40.37, a price-to-earnings-growth ratio of 2.99 and a beta of 1.25. The company has a quick ratio of 1.62, a current ratio of 2.72 and a debt-to-equity ratio of 0.26.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, October 16th. The semiconductor company reported $1.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.06. ASML had a return on equity of 20.42% and a net margin of 22.15%. The firm had revenue of $3.32 billion for the quarter, compared to analyst estimates of $3.37 billion. On average, research analysts expect that ASML Holding NV will post 6.84 EPS for the current year.

A number of hedge funds have recently made changes to their positions in the stock. CWM LLC grew its holdings in ASML by 12.4% during the third quarter. CWM LLC now owns 418 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 46 shares during the period. Commonwealth Equity Services LLC boosted its position in ASML by 2.5% during the third quarter. Commonwealth Equity Services LLC now owns 2,422 shares of the semiconductor company’s stock worth $601,000 after purchasing an additional 59 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in ASML by 7.7% during the third quarter. Steward Partners Investment Advisory LLC now owns 1,033 shares of the semiconductor company’s stock worth $256,000 after purchasing an additional 74 shares in the last quarter. Scotia Capital Inc. boosted its position in ASML by 2.9% during the second quarter. Scotia Capital Inc. now owns 3,018 shares of the semiconductor company’s stock worth $628,000 after purchasing an additional 85 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in ASML by 5.8% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,684 shares of the semiconductor company’s stock worth $418,000 after purchasing an additional 92 shares in the last quarter. 17.03% of the stock is currently owned by hedge funds and other institutional investors.

About ASML (NASDAQ:ASML)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

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