ASML Holding (NASDAQ:ASML) has been given an average rating of "Moderate Buy" by the eighteen ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $703.82.
A number of equities research analysts have recently issued reports on ASML shares. JPMorgan Chase & Co. upped their price objective on ASML from $710.00 to $752.00 and gave the stock an "overweight" rating in a research note on Thursday, January 26th. Argus boosted their target price on ASML from $590.00 to $775.00 and gave the stock a "buy" rating in a report on Thursday, January 26th. KBC Securities lowered ASML from a "buy" rating to a "hold" rating in a report on Thursday, November 24th. Barclays assumed coverage on ASML in a report on Tuesday, January 17th. They set an "equal weight" rating on the stock. Finally, Sanford C. Bernstein started coverage on ASML in a report on Wednesday, January 18th. They issued an "outperform" rating on the stock.
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ASML Trading Down 0.3 %
NASDAQ ASML opened at $640.37 on Thursday. The stock has a market capitalization of $252.68 billion, a price-to-earnings ratio of 39.09, a PEG ratio of 1.03 and a beta of 1.46. The stock's 50 day moving average price is $646.61 and its two-hundred day moving average price is $562.31. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.88 and a current ratio of 1.28. ASML has a 52 week low of $363.15 and a 52 week high of $714.62.
ASML Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 10th. Stockholders of record on Tuesday, May 2nd will be issued a $1.267 dividend. The ex-dividend date of this dividend is Monday, May 1st. This represents a $5.07 dividend on an annualized basis and a dividend yield of 0.79%. ASML's dividend payout ratio is presently 30.53%.
Institutional Trading of ASML
A number of hedge funds have recently bought and sold shares of the business. Benjamin Edwards Inc. increased its position in ASML by 7.6% in the fourth quarter. Benjamin Edwards Inc. now owns 212 shares of the semiconductor company's stock worth $116,000 after buying an additional 15 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of ASML by 0.4% in the fourth quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company's stock valued at $1,986,000 after purchasing an additional 15 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in shares of ASML by 4.0% in the third quarter. Orion Portfolio Solutions LLC now owns 550 shares of the semiconductor company's stock valued at $228,000 after purchasing an additional 21 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. grew its position in shares of ASML by 15.6% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 163 shares of the semiconductor company's stock valued at $68,000 after purchasing an additional 22 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its position in shares of ASML by 1.6% in the third quarter. Verdence Capital Advisors LLC now owns 1,436 shares of the semiconductor company's stock valued at $596,000 after purchasing an additional 22 shares in the last quarter. 18.61% of the stock is currently owned by institutional investors.
About ASML
ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore,, China, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.