ASML (NASDAQ:ASML) Trading Down 1.3% – Should You Sell?

ASML Holding (NASDAQ:ASML)’s share price dropped 1.3% on Monday . The stock traded as low as $717.92 and last traded at $729.37. Approximately 747,425 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 2,009,927 shares. The stock had previously closed at $739.31.

Analyst Ratings Changes

ASML has been the subject of several research analyst reports. BNP Paribas began coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price target for the company. Sanford C. Bernstein reduced their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Susquehanna lowered their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

ASML Trading Up 1.5 %

The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average of $721.49 and a two-hundred day moving average of $769.85. The stock has a market capitalization of $292.15 billion, a price-to-earnings ratio of 35.70, a price-to-earnings-growth ratio of 1.62 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, research analysts expect that ASML Holding will post 25.31 EPS for the current year.

ASML Increases Dividend

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

Institutional Trading of ASML

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Armstrong Advisory Group Inc. grew its stake in shares of ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 12 shares during the last quarter. Bruce G. Allen Investments LLC grew its position in ASML by 21.2% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 14 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its holdings in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock worth $211,000 after purchasing an additional 14 shares during the period. Cyndeo Wealth Partners LLC lifted its stake in shares of ASML by 0.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,208 shares of the semiconductor company’s stock valued at $2,223,000 after buying an additional 14 shares during the period. Finally, Trust Point Inc. grew its position in ASML by 2.4% during the fourth quarter. Trust Point Inc. now owns 606 shares of the semiconductor company’s stock worth $420,000 after buying an additional 14 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Company Profile

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.