Analysts Set ASML Holding N.V. (NASDAQ:ASML) PT at $1,051.60

ASML Holding N.V. (NASDAQ:ASML) has earned an average rating of “Moderate Buy” from the twenty-five brokerages that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and three have given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $1,051.60.

ASML has been the subject of several recent research reports. Susquehanna boosted their price objective on ASML from $965.00 to $1,150.00 and gave the company a “positive” rating in a research report on Friday, October 10th. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Friday, October 10th. Arete Research upgraded ASML to a “strong-buy” rating in a research report on Friday, September 12th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, October 13th.

ASML Stock Performance

NASDAQ:ASML opened at $1,075.45 on Tuesday. The business has a 50 day moving average of $918.58 and a 200 day moving average of $799.57. The company has a market capitalization of $422.95 billion, a price-to-earnings ratio of 43.77, a PEG ratio of 1.76 and a beta of 1.87. ASML has a 1-year low of $578.51 and a 1-year high of $1,086.11. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, topping analysts’ consensus estimates of $6.27 by $0.14. The company had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.ASML’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.28 EPS. On average, sell-side analysts predict that ASML will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Wednesday, October 29th will be given a $1.857 dividend. The ex-dividend date is Wednesday, October 29th. This is an increase from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 annualized dividend and a yield of 0.7%. ASML’s dividend payout ratio is presently 25.68%.

Institutional Trading of ASML

Several hedge funds and other institutional investors have recently bought and sold shares of ASML. Creative Financial Designs Inc. ADV increased its stake in shares of ASML by 29.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 109 shares of the semiconductor company’s stock valued at $72,000 after buying an additional 25 shares during the period. Allspring Global Investments Holdings LLC grew its stake in ASML by 131.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 16,442 shares of the semiconductor company’s stock worth $10,972,000 after purchasing an additional 9,340 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in ASML by 19.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,135 shares of the semiconductor company’s stock worth $10,029,000 after purchasing an additional 2,454 shares during the period. Sovran Advisors LLC grew its stake in ASML by 12.7% in the first quarter. Sovran Advisors LLC now owns 1,277 shares of the semiconductor company’s stock worth $818,000 after purchasing an additional 144 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in ASML in the first quarter worth $221,000. Institutional investors own 26.07% of the company’s stock.

About ASML

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.