ASML (NASDAQ:ASML) Given “Neutral” Rating at Jefferies Financial Group

ASML (NASDAQ:ASML)‘s stock had its “neutral” rating reaffirmed by Jefferies Financial Group in a note issued to investors on Monday,MarketScreener reports.

ASML has been the topic of several other research reports. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. DZ Bank reissued a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday, May 20th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 25th. Finally, Royal Bank Of Canada upped their price target on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Stock Down 0.6%

NASDAQ ASML traded down $9.21 during mid-day trading on Monday, hitting $1,603.55. The company’s stock had a trading volume of 371,441 shares, compared to its average volume of 1,791,149. The firm has a market capitalization of $630.64 billion, a price-to-earnings ratio of 57.57, a PEG ratio of 1.32 and a beta of 1.82. The company’s 50 day simple moving average is $1,458.41 and its 200 day simple moving average is $1,319.88. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML has a twelve month low of $683.48 and a twelve month high of $1,654.20.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Analysts anticipate that ASML will post 37.1 earnings per share for the current year.

Institutional Investors Weigh In On ASML

Several large investors have recently made changes to their positions in ASML. Cornerstone Financial Management LLC purchased a new position in shares of ASML in the 4th quarter worth about $26,000. Binnacle Investments Inc raised its position in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 15 shares during the period. Resources Management Corp CT ADV raised its position in ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 23 shares during the period. North Star Investment Management Corp. boosted its stake in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc bought a new position in shares of ASML during the 4th quarter valued at approximately $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.