Societe Generale assumed coverage on shares of ASML (NASDAQ:ASML) in a report issued on Monday, Briefing.com Automated Import reports. The brokerage issued a buy rating on the semiconductor company’s stock.
Other analysts have also recently issued reports about the company. Royal Bank of Canada reissued a neutral rating and set a $145.00 price objective on shares of Travelers Companies in a report on Thursday, April 18th. Morgan Stanley reissued an overweight rating on shares of in a report on Wednesday, June 19th. ValuEngine lowered Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd. BidaskClub upgraded Zebra Technologies from a hold rating to a buy rating in a research report on Saturday, July 6th. Finally, Wells Fargo & Co set a $45.00 target price on Perrigo and gave the stock a hold rating in a research report on Wednesday, June 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company’s stock. ASML currently has an average rating of Buy and an average target price of $206.50.
NASDAQ:ASML traded up $0.62 on Monday, hitting $208.74. 269,500 shares of the stock were exchanged, compared to its average volume of 684,799. The firm has a market capitalization of $87.68 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.09 and a beta of 1.21. ASML has a 52 week low of $144.50 and a 52 week high of $221.66. The company has a quick ratio of 1.87, a current ratio of 2.78 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average of $198.92.
ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $1.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.89. The firm had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.10 billion. ASML had a return on equity of 22.70% and a net margin of 23.66%. The company’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 EPS. Sell-side analysts predict that ASML will post 6.99 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in ASML by 7.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,023 shares of the semiconductor company’s stock worth $1,093,000 after buying an additional 466 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in ASML by 4.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,257 shares of the semiconductor company’s stock worth $1,129,000 after buying an additional 319 shares in the last quarter. Advisor Group Inc. boosted its holdings in ASML by 47.1% during the fourth quarter. Advisor Group Inc. now owns 11,882 shares of the semiconductor company’s stock worth $1,849,000 after buying an additional 3,807 shares in the last quarter. Blueshift Asset Management LLC purchased a new stake in ASML during the fourth quarter worth about $318,000. Finally, Northern Trust Corp boosted its holdings in ASML by 22.6% during the fourth quarter. Northern Trust Corp now owns 687,570 shares of the semiconductor company’s stock worth $107,000,000 after buying an additional 126,878 shares in the last quarter. Institutional investors own 16.80% of the company’s stock.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.
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