1 week Ago By ABMN Staff
Shares of ASML Holding ( NASDAQ:ASML – Get Free Report ) have received a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company.
The average 12-month target price among brokers that have covered the stock in the last year is $943.83. Several brokerages have recently weighed in on ASML.
Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th.
Morgan Stanley cut ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. JPMorgan Chase & Co. dropped their price objective on shares of ASML from $1,207.
00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Sanford C.
Bernstein reduced their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th.
Finally, Wells Fargo & Company dropped their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th.
Check Out Our Latest Research Report on ASML ASML Stock Performance ASML ( NASDAQ:ASML – Get Free Report ) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.
24 by $0.56. The firm had revenue of $8.
21 billion for the quarter, compared to analysts’ expectations of $7.66 billion. ASML had a net margin of 26.
40% and a return on equity of 47.61%. On average, equities analysts forecast that ASML will post 20.
68 earnings per share for the current year. ASML Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.
407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.
79%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is 29.
21%. Hedge Funds Weigh In On ASML Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division purchased a new position in ASML in the fourth quarter valued at $1,174,000.
GAMMA Investing LLC lifted its stake in ASML by 4.0% in the fourth quarter. GAMMA Investing LLC now owns 1,995 shares of the semiconductor company’s stock worth $1,383,000 after acquiring an additional 77 shares during the last quarter.
Versant Capital Management Inc acquired a new position in ASML during the 4th quarter worth approximately $76,000. Principal Financial Group Inc. raised its holdings in shares of ASML by 104.
4% in the 3rd quarter. Principal Financial Group Inc. now owns 7,009 shares of the semiconductor company’s stock valued at $5,840,000 after purchasing an additional 3,580 shares in the last quarter.
Finally, B. Riley Wealth Advisors Inc. lifted its position in shares of ASML by 2.
8% during the 3rd quarter. B. Riley Wealth Advisors Inc.
now owns 5,977 shares of the semiconductor company’s stock worth $4,980,000 after purchasing an additional 164 shares during the last quarter. Hedge funds and other 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. Further Reading 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.
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