ASML (NASDAQ:ASML) Given “Neutral” Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their neutral rating on shares of ASML (NASDAQ:ASMLFree Report) in a report released on Tuesday morning,MarketScreener reports.

A number of other research firms have also recently issued reports on ASML. Royal Bank Of Canada started coverage on ASML in a report on Wednesday. They set an “outperform” rating and a $1,550.00 price objective for the company. Morgan Stanley raised shares of ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. JPMorgan Chase & Co. boosted their price objective on shares of ASML from $1,275.00 to $1,518.00 and gave the company an “overweight” rating in a research report on Wednesday. Bank of America raised their target price on shares of ASML from $1,092.00 to $1,331.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Finally, Susquehanna reiterated a “positive” rating on shares of ASML in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,392.75.

Check Out Our Latest Research Report on ASML

ASML Trading Up 5.4%

Shares of ASML stock traded up $67.88 during trading on Tuesday, hitting $1,331.60. The stock had a trading volume of 2,850,215 shares, compared to its average volume of 2,024,869. The stock has a market cap of $523.70 billion, a PE ratio of 54.20, a PEG ratio of 1.88 and a beta of 1.86. ASML has a 12 month low of $578.51 and a 12 month high of $1,358.00. The firm’s fifty day simple moving average is $1,088.57 and its 200-day simple moving average is $935.13. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.70.

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned $5.28 earnings per share. As a group, sell-side analysts expect that ASML will post 25.17 EPS for the current fiscal year.

Institutional Trading of ASML

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Investment Partners Asset Management Inc. increased its holdings in shares of ASML by 2.6% in the 4th quarter. Investment Partners Asset Management Inc. now owns 712 shares of the semiconductor company’s stock valued at $762,000 after acquiring an additional 18 shares during the period. Moody Lynn & Lieberson LLC grew its stake in ASML by 47.6% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 918 shares of the semiconductor company’s stock valued at $982,000 after purchasing an additional 296 shares during the last quarter. MFA Wealth Services grew its stake in ASML by 49.5% in the fourth quarter. MFA Wealth Services now owns 622 shares of the semiconductor company’s stock valued at $666,000 after purchasing an additional 206 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in ASML by 10.9% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 316 shares of the semiconductor company’s stock worth $338,000 after purchasing an additional 31 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC bought a new stake in shares of ASML in the 4th quarter valued at about $211,000. Institutional investors own 26.07% of the company’s stock.

Key Stories Impacting ASML

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About ASML

(Get Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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