MGO One Seven LLC Has $1.95 Million Stock Position in ASML Holding N.V. $ASML

MGO One Seven LLC grew its stake in ASML Holding N.V. (NASDAQ:ASML) by 16.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,432 shares of the semiconductor company’s stock after purchasing an additional 344 shares during the quarter. MGO One Seven LLC’s holdings in ASML were worth $1,949,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ASML. GAMMA Investing LLC raised its stake in ASML by 6.0% during the 1st quarter. GAMMA Investing LLC now owns 2,114 shares of the semiconductor company’s stock worth $1,401,000 after buying an additional 119 shares during the period. CX Institutional acquired a new stake in ASML during the 1st quarter worth $68,000. Wealth Enhancement Advisory Services LLC raised its stake in ASML by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company’s stock worth $22,806,000 after buying an additional 763 shares during the period. Bank Pictet & Cie Europe AG acquired a new stake in ASML during the 1st quarter worth $252,000. Finally, Cyndeo Wealth Partners LLC raised its stake in ASML by 24.3% during the 1st quarter. Cyndeo Wealth Partners LLC now owns 3,986 shares of the semiconductor company’s stock worth $2,641,000 after buying an additional 778 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on ASML shares. Morgan Stanley raised ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of ASML in a report on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on ASML from $957.00 to $1,175.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Sanford C. Bernstein reiterated a “market perform” rating and set a $935.00 target price on shares of ASML in a report on Thursday, October 9th. Finally, Bank Degroof cut ASML to a “hold” rating in a report on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and an average price target of $1,001.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $983.18 on Wednesday. The stock has a market capitalization of $386.67 billion, a price-to-earnings ratio of 41.03, a PEG ratio of 1.66 and a beta of 1.87. The business has a 50-day moving average of $845.63 and a 200-day moving average of $766.66. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,059.00.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($1.39). The company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.72 billion. ASML had a net margin of 26.95% and a return on equity of 49.47%. ASML’s revenue was up 23.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.01 EPS. As a group, sell-side analysts predict that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

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.