2 hours Ago By ABMN Staff
ASML ( NASDAQ:ASML – Get Free Report ) had its price objective lowered by equities researchers at JPMorgan Chase & Co. from $1,207.00 to $1,148.
00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.
‘s target price points to a potential upside of 58.73% from the stock’s current price. Several other equities research analysts have also recently issued reports on ASML.
Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.
00 and set a “positive” rating for the company in a research note on Friday, October 11th. Wells Fargo & Company reduced their price objective on shares of ASML from $1,185.00 to $1,000.
00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. UBS Group cut shares of ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Finally, Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th.
Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,018.00.
Read Our Latest Analysis on ASML ASML Trading Up 3.2 % ASML ( NASDAQ:ASML – Get Free Report ) last posted its earnings results on Wednesday, July 17th. The semiconductor company reported $4.
01 earnings per share 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 return on equity of 49.
93% and a net margin of 26.50%. The firm’s revenue was down 9.
5% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.37 EPS.
Equities research analysts predict that ASML will post 20.38 earnings per share for the current fiscal year. Institutional Investors Weigh In On ASML Several hedge funds and other institutional investors have recently modified their holdings of the company.
American International Group Inc. increased its stake in ASML by 3.2% during the 4th quarter.
American International Group Inc. now owns 6,100 shares of the semiconductor company’s stock valued at $4,617,000 after purchasing an additional 192 shares in the last quarter. NBC Securities Inc.
increased its position in shares of ASML by 63.1% during the first quarter. NBC Securities Inc.
now owns 106 shares of the semiconductor company’s stock worth $112,000 after acquiring an additional 41 shares in the last quarter. First Hawaiian Bank increased its position in shares of ASML by 258.7% during the first quarter.
First Hawaiian Bank now owns 1,076 shares of the semiconductor company’s stock worth $1,044,000 after acquiring an additional 776 shares in the last quarter. Mather Group LLC. bought a new position in ASML in the 1st quarter valued at about $188,000.
Finally, Wedmont Private Capital boosted its stake in ASML by 13.6% during the 1st quarter. Wedmont Private Capital now owns 794 shares of the semiconductor company’s stock valued at $786,000 after purchasing an additional 95 shares during the last quarter.
Institutional investors own 26.07% of the company’s stock. About ASML ( Get Free Report ) 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. Featured Articles Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter .
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