ASML Holding (NASDAQ:ASML) Short Interest Update

ASML Holding (NASDAQ:ASML) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,320,000 shares, a growth of 80.3% from the May 31st total of 732,200 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,030,000 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On ASML

Hedge funds have recently modified their holdings of the business. American Capital Advisory LLC bought a new stake in shares of ASML in the first quarter valued at approximately $26,000. WD Rutherford LLC bought a new stake in shares of ASML in the first quarter valued at approximately $29,000. LRI Investments LLC bought a new stake in shares of ASML in the first quarter valued at approximately $37,000. ZRC Wealth Management LLC bought a new stake in shares of ASML in the first quarter valued at approximately $39,000. Finally, Rocky Mountain Advisers LLC lifted its position in ASML by 110.0% in the first quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 22 shares during the period. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

ASML has been the topic of a number of research reports. Sanford C. Bernstein dropped their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a report on Friday, April 12th. Wells Fargo & Company increased their price objective on ASML from $1,150.00 to $1,185.00 and gave the stock an “overweight” rating in a report on Monday, June 17th. Finally, Evercore ISI began coverage on ASML in a report on Tuesday, April 16th. They issued an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,043.00.

ASML Stock Performance

ASML stock traded down $5.28 during trading hours on Friday, reaching $1,022.73. 837,765 shares of the company were exchanged, compared to its average volume of 1,027,876. The firm has a market cap of $403.56 billion, a price-to-earnings ratio of 52.23, a PEG ratio of 2.16 and a beta of 1.49. The company has a current ratio of 1.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.33. The stock has a 50-day moving average of $964.40 and a 200 day moving average of $907.83. ASML has a 12 month low of $563.99 and a 12 month high of $1,077.22.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.54. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.73 billion. ASML had a return on equity of 56.99% and a net margin of 27.23%. As a group, research analysts anticipate that ASML will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 annualized dividend and a dividend yield of 0.53%. ASML’s dividend payout ratio is 32.53%.

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.