ASML (NASDAQ:ASML) Shares Down 2.3%

ASML Holding (NASDAQ:ASML) shares were down 2.3% on Monday . The company traded as low as $797.61 and last traded at $797.61. Approximately 289,913 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,255,410 shares. The stock had previously closed at $816.36.

Analyst Ratings Changes

Several equities analysts recently commented on ASML shares. UBS Group downgraded ASML from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. upped their price target on ASML from $1,172.00 to $1,202.00 and gave the company an “overweight” rating in a research report on Thursday, July 18th. Wells Fargo & Company lifted 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. Susquehanna boosted their price target on shares of ASML from $1,200.00 to $1,300.00 and gave the company a “positive” rating in a research report on Thursday, July 11th. Finally, Barclays raised ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,147.80.

ASML Stock Performance

The company has a market capitalization of $315.47 billion, a PE ratio of 40.74, a PEG ratio of 1.96 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 $898.19 and its 200-day moving average is $945.50.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, July 17th. The semiconductor company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.14. The firm had revenue of $6.24 billion during 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% on a year-over-year basis. During the same period last year, the business earned $5.37 earnings per share. On average, research analysts anticipate that ASML Holding will post 20.38 earnings per share for the current year.

ASML Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 7th. Stockholders of record on Monday, July 29th were given a $1.8732 dividend. This represents a $7.49 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Monday, July 29th. This is a positive change from ASML’s previous quarterly dividend of $1.34. ASML’s payout ratio is currently 28.50%.

Institutional Investors Weigh In On ASML

Institutional investors have recently made changes to their positions in the company. Resources Management Corp CT ADV purchased a new stake in ASML during the 2nd quarter valued at $26,000. American Capital Advisory LLC bought a new stake in ASML in the 1st quarter worth about $26,000. WD Rutherford LLC purchased a new position in ASML in the 1st quarter worth about $29,000. Triad Wealth Partners LLC bought a new position in ASML during the 2nd quarter valued at about $31,000. Finally, First Community Trust NA bought a new stake in shares of ASML in the second quarter worth approximately $34,000. Hedge funds and other institutional investors 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.