ASML (NASDAQ:ASML) Trading Down 0.2% – What’s Next?

ASML Holding (NASDAQ:ASML)’s stock price traded down 0.2% during mid-day trading on Tuesday . The stock traded as low as $747.00 and last traded at $750.26. 557,346 shares were traded during trading, a decline of 69% from the average session volume of 1,800,667 shares. The stock had previously closed at $751.55.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ASML. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Wells Fargo & Company increased their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JPMorgan Chase & Co. decreased their price target on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $937.00.

ASML Stock Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company has a 50 day moving average price of $730.26 and a 200 day moving average price of $760.65. The company has a market capitalization of $292.79 billion, a price-to-earnings ratio of 35.78, a P/E/G ratio of 1.63 and a beta of 1.47.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. Equities research analysts predict that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th will be given a $1.5855 dividend. This is a boost from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is presently 26.83%.

Hedge Funds Weigh In On ASML

Large investors have recently added to or reduced their stakes in the business. Fairway Wealth LLC bought a new position in ASML in the 3rd quarter valued at about $25,000. Kennebec Savings Bank lifted its position in ASML by 227.3% in the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 25 shares in the last quarter. Milestone Investment Advisors LLC bought a new position in shares of ASML during the 3rd quarter worth approximately $28,000. Wellington Shields & Co. LLC lifted its position in shares of ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after buying an additional 37 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth approximately $31,000. 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.