ASML (NASDAQ:ASML) Trading Down 0.5% – Time to Sell?

ASML Holding (NASDAQ:ASML) fell 0.5% on Monday . The company traded as low as $737.27 and last traded at $744.07. 358,917 shares were traded during mid-day trading, a decline of 78% from the average session volume of 1,660,075 shares. The stock had previously closed at $748.10.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ASML shares. Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. decreased their price objective on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $906.00.

ASML Stock Performance

The company has a market cap of $294.72 billion, a price-to-earnings ratio of 36.02, a P/E/G ratio of 1.62 and a beta of 1.75. The company has a fifty day moving average of $683.78 and a two-hundred day moving average of $703.81. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Equities research analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Kennebec Savings Bank grew its holdings in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Putney Financial Group LLC increased its holdings in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of ASML in the first quarter valued at about $27,000. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 37 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of ASML in the 4th quarter valued at approximately $31,000. Hedge funds and other 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.