ASML (NASDAQ:ASML) Shares Down 0% – Should You Sell?

Shares of ASML Holding (NASDAQ:ASML) fell 0% on Tuesday . The company traded as low as $693.41 and last traded at $696.12. 243,402 shares were traded during trading, a decline of 83% from the average session volume of 1,446,431 shares. The stock had previously closed at $696.15.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ASML shares. Sanford C. Bernstein reduced 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. JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Finally, Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $943.83.

ASML Stock Performance

The company has a market cap of $272.67 billion, a PE ratio of 36.29, a P/E/G ratio of 2.07 and a beta of 1.49. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average is $694.09 and its 200-day moving average is $822.28.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.24 by $0.56. The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. ASML had a return on equity of 47.61% and a net margin of 26.40%. As a group, research analysts predict that ASML Holding will post 20.68 EPS for the current fiscal year.

ASML Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Tuesday, October 29th were issued a $1.407 dividend. This represents a $5.63 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s dividend payout ratio is 29.21%.

Hedge Funds Weigh In On ASML

Large investors have recently made changes to their positions in the business. Lantz Financial LLC bought a new position in shares of ASML during the second quarter worth $216,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of ASML by 53.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 360 shares of the semiconductor company’s stock valued at $368,000 after purchasing an additional 125 shares in the last quarter. Banque Cantonale Vaudoise increased its holdings in shares of ASML by 17.9% in the second quarter. Banque Cantonale Vaudoise now owns 92 shares of the semiconductor company’s stock worth $94,000 after purchasing an additional 14 shares during the last quarter. Crestwood Advisors Group LLC lifted its position in shares of ASML by 15.0% in the second quarter. Crestwood Advisors Group LLC now owns 612 shares of the semiconductor company’s stock worth $626,000 after buying an additional 80 shares in the last quarter. Finally, Verus Capital Partners LLC bought a new position in ASML during the second quarter valued at approximately $224,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

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.