Analysts Set ASML Holding N.V. (NASDAQ:ASML) PT at $1,504.38

Shares of ASML Holding N.V. (NASDAQ:ASML) have received a consensus rating of “Moderate Buy” from the thirty-two brokerages that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-one have assigned a buy rating and three have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $1,504.3750.

Several equities analysts have commented on ASML shares. Sanford C. Bernstein reiterated a “buy” rating on shares of ASML in a research note on Thursday, April 23rd. Wells Fargo & Company restated an “overweight” rating and set a $1,750.00 price target on shares of ASML in a research note on Thursday, April 16th. Royal Bank Of Canada raised their price objective on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. DZ Bank reiterated a “neutral” rating on shares of ASML in a report on Wednesday, April 15th. Finally, Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd.

ASML Stock Up 2.6%

ASML stock opened at $1,632.90 on Friday. The stock has a market cap of $642.19 billion, a PE ratio of 58.57, a P/E/G ratio of 1.31 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock’s fifty day moving average is $1,433.13 and its two-hundred day moving average is $1,297.67. ASML has a 1-year low of $683.48 and a 1-year high of $1,653.53.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. On average, sell-side analysts expect that ASML will post 37.1 EPS for the current fiscal year.

Hedge Funds Weigh In On ASML

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC acquired a new stake in ASML in the third quarter valued at $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of ASML during the 4th quarter valued at about $26,000. Binnacle Investments Inc grew its stake in shares of ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 15 shares in the last quarter. Resources Management Corp CT ADV increased its holdings in ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the last quarter. Finally, North Star Investment Management Corp. increased its holdings in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Company Profile

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.