Shares of ASML Holding N.V. (NASDAQ:ASML) have been assigned an average recommendation of “Buy” from the twenty ratings firms that are covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $158.00.
A number of research analysts recently issued reports on the stock. B. Riley restated a “neutral” rating and set a $162.00 target price on shares of ASML Holding N.V. in a research report on Saturday, July 22nd. Royal Bank Of Canada boosted their target price on shares of ASML Holding N.V. from $135.00 to $155.00 and gave the company a “sector perform” rating in a research report on Thursday, July 20th. Bank of America Corporation reiterated a “buy” rating and issued a $165.00 price objective (up previously from $140.00) on shares of ASML Holding N.V. in a research report on Sunday, June 25th. Zacks Investment Research upgraded shares of ASML Holding N.V. from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of ASML Holding N.V. in a research report on Wednesday, May 31st.
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ASML Holding N.V. (NASDAQ:ASML) traded up 0.67% during mid-day trading on Monday, hitting $151.19. The company had a trading volume of 416,941 shares. The company has a 50 day moving average of $143.84 and a 200 day moving average of $132.77. The firm has a market capitalization of $65.09 billion, a PE ratio of 29.09 and a beta of 1.09. ASML Holding N.V. has a 1-year low of $98.71 and a 1-year high of $155.73.
ASML Holding N.V. (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 19th. The semiconductor company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.02. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. ASML Holding N.V. had a net margin of 23.69% and a return on equity of 18.48%. The business’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 earnings per share. Analysts predict that ASML Holding N.V. will post $4.93 earnings per share for the current fiscal year.
ASML Holding N.V. declared that its Board of Directors has approved a stock repurchase program on Wednesday, July 19th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the semiconductor company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.
Large investors have recently added to or reduced their stakes in the company. FMR LLC raised its stake in ASML Holding N.V. by 345.0% in the first quarter. FMR LLC now owns 3,728,677 shares of the semiconductor company’s stock worth $495,168,000 after buying an additional 2,890,835 shares during the period. BlackRock Inc. raised its stake in ASML Holding N.V. by 1,837.0% in the first quarter. BlackRock Inc. now owns 2,544,452 shares of the semiconductor company’s stock worth $337,903,000 after buying an additional 2,413,090 shares during the period. Waddell & Reed Financial Inc. raised its stake in ASML Holding N.V. by 860.7% in the first quarter. Waddell & Reed Financial Inc. now owns 1,990,999 shares of the semiconductor company’s stock worth $264,405,000 after buying an additional 1,783,759 shares during the period. Fisher Asset Management LLC raised its stake in ASML Holding N.V. by 235.7% in the second quarter. Fisher Asset Management LLC now owns 1,950,698 shares of the semiconductor company’s stock worth $254,196,000 after buying an additional 1,369,671 shares during the period. Finally, Artisan Partners Limited Partnership raised its stake in ASML Holding N.V. by 31.8% in the first quarter. Artisan Partners Limited Partnership now owns 2,106,155 shares of the semiconductor company’s stock worth $279,697,000 after buying an additional 508,561 shares during the period. Institutional investors own 16.78% of the company’s stock.
About ASML Holding N.V.
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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