ASML Holding (NASDAQ:ASML – Get Rating) has received a consensus rating of “Moderate Buy” from the sixteen brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $726.10.
Several brokerages have recently commented on ASML. Deutsche Bank Aktiengesellschaft increased their price target on shares of ASML from €475.00 ($484.69) to €525.00 ($535.71) and gave the stock a “hold” rating in a research report on Thursday, July 21st. JPMorgan Chase & Co. lowered their price target on ASML from $925.00 to $794.00 in a report on Thursday, July 21st. Credit Suisse Group dropped their price target on ASML from €960.00 ($979.59) to €920.00 ($938.78) and set an “outperform” rating on the stock in a research report on Thursday, July 21st. Wells Fargo & Company decreased their price objective on shares of ASML from $750.00 to $600.00 and set an “overweight” rating for the company in a report on Friday, July 15th. Finally, Piper Sandler dropped their target price on shares of ASML from €767.00 ($782.65) to €630.00 ($642.86) in a report on Thursday, May 26th.
ASML Trading Down 0.6 %
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NASDAQ ASML opened at $467.19 on Friday. The company has a market capitalization of $191.44 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 1.63 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.36 and a quick ratio of 0.92. ASML has a 12 month low of $412.67 and a 12 month high of $895.93. The company’s fifty day moving average price is $516.14 and its two-hundred day moving average price is $567.67.
ASML Cuts Dividend
The business also recently announced a semi-annual dividend, which was paid on Friday, August 12th. Stockholders of record on Friday, August 5th were issued a dividend of $1.3991 per share. This represents a dividend yield of 1.2%. The ex-dividend date was Thursday, August 4th. ASML’s dividend payout ratio is 13.63%.
Institutional Investors Weigh In On ASML
A number of large investors have recently made changes to their positions in the company. Orion Portfolio Solutions LLC increased its stake in ASML by 46.1% in the 4th quarter. Orion Portfolio Solutions LLC now owns 485 shares of the semiconductor company’s stock valued at $386,000 after buying an additional 153 shares during the period. UMB Bank N A MO acquired a new position in ASML in the fourth quarter worth approximately $324,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in ASML by 51.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,156 shares of the semiconductor company’s stock valued at $3,309,000 after acquiring an additional 1,408 shares during the last quarter. NS Partners Ltd acquired a new position in shares of ASML during the 4th quarter worth $1,752,000. Finally, GM Advisory Group Inc. raised its holdings in shares of ASML by 2.3% during the 4th quarter. GM Advisory Group Inc. now owns 1,627 shares of the semiconductor company’s stock valued at $1,295,000 after purchasing an additional 36 shares in the last quarter. Institutional investors and hedge funds own 19.04% of the company’s stock.
ASML Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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.
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Read More: ASML Holding (NASDAQ:ASML) Given Average Rating of “Moderate Buy” by Brokerages