ASML (NASDAQ:ASML) Trading Up 1.5%

ASML Holding (NASDAQ:ASML) was up 1.5% on Wednesday . The stock traded as high as $1,066.25 and last traded at $1,063.59. Approximately 298,627 shares traded hands during trading, a decline of 73% from the average daily volume of 1,124,503 shares. The stock had previously closed at $1,047.89.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Evercore ISI initiated coverage on ASML in a research note on Tuesday, April 16th. They set an “outperform” rating for the company. Sanford C. Bernstein decreased their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Finally, Wells Fargo & Company lifted their price target on shares of ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research report on Monday, June 17th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,043.00.

ASML Stock Up 1.5 %

The company has a market capitalization of $419.66 billion, a P/E ratio of 54.32, a PEG ratio of 2.16 and a beta of 1.49. The firm has a 50-day moving average price of $970.56 and a two-hundred day moving average price of $913.09. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. ASML had a net margin of 27.23% and a return on equity of 56.99%. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.73 billion. Equities research analysts anticipate that ASML Holding will post 20.12 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were issued a dividend of $1.343 per share. This represents a $5.37 annualized dividend and a dividend yield of 0.51%. The ex-dividend date was Friday, April 26th. ASML’s payout ratio is presently 32.53%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ASML. First PREMIER Bank raised its stake in shares of ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after buying an additional 11 shares in the last quarter. Investment Partners LTD. lifted its stake in ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares during the period. Toth Financial Advisory Corp lifted its stake in ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the period. Slow Capital Inc. grew its stake in shares of ASML by 0.3% in the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares during the period. Finally, Miracle Mile Advisors LLC grew its stake in shares of ASML by 4.7% in the 1st quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 13 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

About ASML

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.