ASML (NASDAQ:ASML) Stock Price Down 1%

ASML Holding (NASDAQ:ASML)’s stock price fell 1% on Tuesday . The stock traded as low as $931.30 and last traded at $931.96. 326,585 shares changed hands during trading, a decline of 72% from the average session volume of 1,167,033 shares. The stock had previously closed at $941.26.

Wall Street Analyst Weigh In

ASML has been the topic of a number of recent analyst reports. Evercore ISI began coverage on shares of ASML in a research report on Tuesday, April 16th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. lifted their target price on ASML from $1,172.00 to $1,202.00 and gave the stock an “overweight” rating in a research report on Thursday, July 18th. Susquehanna upped their target price on ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Wells Fargo & Company boosted their price objective on ASML from $1,150.00 to $1,185.00 and gave the company an “overweight” rating in a research note on Monday, June 17th. Finally, Sanford C. Bernstein lowered their target price on shares of ASML from $1,072.00 to $1,052.00 and set an “outperform” rating on the stock in a research report on Friday, April 12th. Two research 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,147.80.

ASML Trading Down 0.8 %

The stock has a market capitalization of $368.54 billion, a PE ratio of 47.62, a price-to-earnings-growth ratio of 1.91 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.84 and a current ratio of 1.52. The business’s 50-day moving average is $1,006.71 and its two-hundred day moving average is $941.48.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.87 by $0.14. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6 billion. ASML had a net margin of 26.50% and a return on equity of 49.93%. The business’s revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $5.37 earnings per share. As a group, equities research analysts anticipate that ASML Holding will post 20.09 earnings per share for the current year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th will be paid a dividend of $1.8732 per share. This represents a $7.49 dividend on an annualized basis and a dividend yield of 0.80%. This is an increase from ASML’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Monday, July 29th. ASML’s dividend payout ratio is 32.53%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Compagnie Lombard Odier SCmA purchased a new position in shares of ASML in the 4th quarter valued at about $214,000. CHICAGO TRUST Co NA acquired a new stake in shares of ASML during the 4th quarter valued at approximately $227,000. Raymond James & Associates boosted its stake in shares of ASML by 6.1% during the 4th quarter. Raymond James & Associates now owns 191,790 shares of the semiconductor company’s stock worth $145,170,000 after acquiring an additional 11,076 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of ASML by 11.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 35,425 shares of the semiconductor company’s stock worth $26,814,000 after acquiring an additional 3,717 shares during the period. Finally, Portside Wealth Group LLC increased its stake in ASML by 1.9% in the 4th quarter. Portside Wealth Group LLC now owns 1,114 shares of the semiconductor company’s stock valued at $843,000 after purchasing an additional 21 shares in the last quarter. Institutional investors and hedge funds 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.