2 weeks Ago By Defense World Staff
ASML Holding ( NASDAQ:ASML – Get Free Report ) has earned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company.
The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $970.60. A number of analysts recently weighed in on the stock.
Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th.
Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 20th. JPMorgan Chase & Co.
reduced their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th.
Finally, Wells Fargo & Company lowered their price target on ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a report on Thursday, October 17th.
Read Our Latest Research Report on ASML ASML Price Performance ASML ( NASDAQ:ASML – Get Free Report ) last released its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.
24 by $0.56. ASML had a return on equity of 47.
61% and a net margin of 26.40%. The business had revenue of $8.
21 billion for the quarter, compared to analyst estimates of $7.66 billion. On average, equities analysts anticipate that ASML will post 20.
77 EPS for the current fiscal year. ASML Cuts Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were given a dividend of $1.
407 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $5.
63 annualized dividend and a yield of 0.81%. ASML’s dividend payout ratio (DPR) is presently 29.
21%. Hedge Funds Weigh In On ASML Several hedge funds and other institutional investors have recently made changes to their positions in ASML. Hilltop National Bank raised its stake in ASML by 1.
0% in the second quarter. Hilltop National Bank now owns 975 shares of the semiconductor company’s stock valued at $997,000 after buying an additional 10 shares during the period. Valley National Advisers Inc.
raised its stake in ASML by 1.1% in the 2nd quarter. Valley National Advisers Inc.
now owns 1,134 shares of the semiconductor company’s stock valued at $1,159,000 after acquiring an additional 12 shares during the period. Pure Financial Advisors LLC lifted its holdings in ASML by 2.8% during the 2nd quarter.
Pure Financial Advisors LLC now owns 444 shares of the semiconductor company’s stock valued at $454,000 after purchasing an additional 12 shares during the last quarter. First Pacific Financial boosted its position in ASML by 1.1% during the second quarter.
First Pacific Financial now owns 1,121 shares of the semiconductor company’s stock worth $1,146,000 after purchasing an additional 12 shares during the period. Finally, RMR Wealth Builders increased its holdings in shares of ASML by 0.6% in the second quarter.
RMR Wealth Builders now owns 2,114 shares of the semiconductor company’s stock valued at $2,162,000 after purchasing an additional 12 shares during the last quarter. 26.07% of the stock is owned by institutional investors.
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 Stories Five stocks we like better than ASML Investing In Automotive Stocks 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick The Top 3 Healthcare Dividend Stocks to Buy and Hold Mouse Rising: The Iger Investment Pays Off for Disney Investors Breakout Stocks: What They Are and How to Identify Them Can CAVA Stock Be the Next Chipotle? Earnings Can Help 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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