ASML (NASDAQ:ASML) PT Raised to $1,300.00

ASML (NASDAQ:ASML) had its target price boosted by Susquehanna from $1,200.00 to $1,300.00 in a report issued on Thursday, Benzinga reports. They currently have a positive rating on the semiconductor company’s stock.

Several other research firms have also issued reports on ASML. Wells Fargo & Company increased their target price on shares of ASML from $1,150.00 to $1,185.00 and gave the stock an overweight rating in a report on Monday, June 17th. Evercore ISI assumed coverage on shares of ASML in a report on Tuesday, April 16th. They set an outperform rating for the company. Finally, Sanford C. Bernstein cut their price objective on shares of ASML from $1,072.00 to $1,052.00 and set an outperform rating for the company in a report on Friday, April 12th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, ASML currently has an average rating of Moderate Buy and a consensus target price of $1,083.00.

ASML Price Performance

NASDAQ ASML opened at $1,062.50 on Thursday. ASML has a 52 week low of $563.99 and a 52 week high of $1,110.09. The firm has a market capitalization of $419.25 billion, a P/E ratio of 54.26, a PEG ratio of 2.28 and a beta of 1.49. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average price of $996.50 and a 200-day moving average price of $926.74.

ASML (NASDAQ:ASML) last released its earnings results on Wednesday, April 17th. The semiconductor company reported $3.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.54. The company had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.73 billion. ASML had a net margin of 27.23% and a return on equity of 56.99%. Equities research analysts anticipate that ASML will post 20.12 earnings per share for the current year.

ASML Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 7th. Investors of record on Monday, April 29th were given a $1.343 dividend. The ex-dividend date was Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.51%. ASML’s dividend payout ratio is presently 32.48%.

Institutional Trading of ASML

Institutional investors have recently bought and sold shares of the stock. American Capital Advisory LLC bought a new stake in ASML in the first quarter worth $26,000. WD Rutherford LLC bought a new stake in shares of ASML during the first quarter worth $29,000. LRI Investments LLC bought a new stake in shares of ASML during the first quarter worth $37,000. ZRC Wealth Management LLC bought a new stake in shares of ASML during the first quarter worth $39,000. Finally, Rocky Mountain Advisers LLC lifted its position in shares of ASML by 110.0% during the first quarter. Rocky Mountain Advisers LLC now owns 42 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 22 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

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.