ASML (NASDAQ:ASML) Now Covered by Evercore ISI

Evercore ISI initiated coverage on shares of ASML (NASDAQ:ASML) in a research note published on Tuesday, Marketbeat Ratings reports. The firm issued an outperform rating on the semiconductor company’s stock.

ASML has been the topic of a number of other reports. Kepler Capital Markets raised shares of ASML from a hold rating to a buy rating in a research note on Monday, January 8th. Wells Fargo & Company upped their price target on shares of ASML from $1,050.00 to $1,150.00 and gave the stock an overweight rating in a research note on Tuesday, April 2nd. Cantor Fitzgerald started coverage on shares of ASML in a research note on Tuesday, January 23rd. They set an overweight rating on the stock. Raymond James upped their price target on shares of ASML from $850.00 to $1,000.00 and gave the stock a strong-buy rating in a research note on Thursday, January 25th. Finally, Sanford C. Bernstein lowered their price target on shares of ASML from $1,072.00 to $1,052.00 and set an outperform rating on the stock in a research note on Friday, April 12th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, ASML presently has an average rating of Moderate Buy and a consensus price target of $1,036.00.

ASML Stock Down 2.0 %

Shares of ASML stock opened at $889.03 on Tuesday. The company has a market cap of $350.80 billion, a P/E ratio of 41.33, a PEG ratio of 2.36 and a beta of 1.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.96 and a current ratio of 1.50. ASML has a one year low of $563.99 and a one year high of $1,056.34. The firm has a fifty day moving average of $959.98 and a two-hundred day moving average of $791.79.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.34 billion. ASML had a net margin of 28.44% and a return on equity of 68.32%. On average, analysts forecast that ASML will post 20.4 earnings per share for the current year.

ASML Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 7th. Investors of record on Monday, April 29th will be paid a $1.343 dividend. The ex-dividend date of this dividend is Friday, April 26th. This represents a $5.37 dividend on an annualized basis and a yield of 0.60%. ASML’s payout ratio is 24.59%.

Institutional Investors Weigh In On ASML

A number of large investors have recently added to or reduced their stakes in the business. First PREMIER Bank grew its stake in ASML by 4.2% in the 1st quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after acquiring an additional 11 shares during the last quarter. Investment Partners LTD. boosted its stake in shares of ASML by 1.2% during the 1st quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock worth $871,000 after purchasing an additional 11 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in shares of ASML by 11.5% during the 4th quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 13 shares during the last quarter. Slow Capital Inc. boosted its stake in shares of ASML by 0.3% during the 4th quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock worth $3,336,000 after purchasing an additional 13 shares during the last quarter. Finally, Miracle Mile Advisors LLC boosted its stake in shares of ASML by 4.7% during the 1st quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock worth $279,000 after purchasing an additional 13 shares during the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.

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.