ASML’s (ASML) “Buy” Rating Reiterated at UBS Group

UBS Group reissued their buy rating on shares of ASML (NASDAQ:ASMLFree Report) in a research note published on Monday morning,MarketScreener reports.

Several other research analysts have also recently commented on ASML. DZ Bank restated a “neutral” rating on shares of ASML in a research report on Wednesday, October 15th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Tuesday. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research report on Tuesday, December 16th. KGI Securities set a $1,415.00 price target on ASML and gave the stock an “outperform” rating in a research report on Thursday. Finally, New Street Research reissued a “neutral” rating on shares of ASML in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,392.75.

Read Our Latest Research Report on ASML

ASML Stock Performance

NASDAQ ASML traded up $67.88 during trading hours on Monday, hitting $1,331.60. The company had a trading volume of 2,852,669 shares, compared to its average volume of 2,056,134. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market cap of $523.70 billion, a P/E ratio of 54.20, a price-to-earnings-growth ratio of 1.88 and a beta of 1.86. ASML has a fifty-two week low of $578.51 and a fifty-two week high of $1,358.00. The business has a fifty day simple moving average of $1,088.57 and a 200-day simple moving average of $935.13.

ASML (NASDAQ:ASMLGet Free Report) last released its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to analyst estimates of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.28 earnings per share. Equities analysts predict that ASML will post 25.17 EPS for the current year.

Institutional Investors Weigh In On ASML

Several hedge funds and other institutional investors have recently bought and sold shares of ASML. Highline Wealth Partners LLC grew its stake in shares of ASML by 87.0% in the 4th quarter. Highline Wealth Partners LLC now owns 43 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 20 shares during the last quarter. Gunderson Capital Management Inc. lifted its stake in ASML by 71.6% during the fourth quarter. Gunderson Capital Management Inc. now owns 6,909 shares of the semiconductor company’s stock valued at $7,392,000 after purchasing an additional 2,883 shares during the last quarter. Hartmann Taylor Wealth Management LLC bought a new stake in ASML during the fourth quarter worth approximately $210,000. Investment Partners Asset Management Inc. grew its position in ASML by 2.6% in the fourth quarter. Investment Partners Asset Management Inc. now owns 712 shares of the semiconductor company’s stock worth $762,000 after buying an additional 18 shares during the last quarter. Finally, Moody Lynn & Lieberson LLC grew its position in ASML by 47.6% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 918 shares of the semiconductor company’s stock worth $982,000 after buying an additional 296 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML News Roundup

Here are the key news stories impacting ASML this week:

ASML Company Profile

(Get Free Report)

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.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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