ASML (NASDAQ:ASML) Stock Price Down 0.2% – What’s Next?

ASML Holding (NASDAQ:ASML)’s share price traded down 0.2% on Tuesday . The stock traded as low as $747.00 and last traded at $750.26. 557,346 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 1,800,667 shares. The stock had previously closed at $751.55.

Analyst Ratings Changes

ASML has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein decreased their target price on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. BNP Paribas assumed coverage on shares of ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Finally, JPMorgan Chase & Co. dropped their target price on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $937.00.

ASML Stock Down 0.2 %

The business’s 50 day moving average is $731.65 and its 200-day moving average is $760.09. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market cap of $292.35 billion, a PE ratio of 35.73, a P/E/G ratio of 1.64 and a beta of 1.47.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. As a group, analysts predict that ASML Holding will post 25.17 EPS for the current year.

ASML Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $1.5855 dividend. This is an increase from ASML’s previous dividend of $1.08. The ex-dividend date of this dividend was Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is 25.67%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Fairway Wealth LLC acquired a new stake in shares of ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML during the 3rd quarter worth $28,000. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% in the fourth quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC boosted its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 37 shares during the period. Finally, Halbert Hargrove Global Advisors LLC bought a new position in ASML in the 4th quarter worth $31,000. 26.07% of the stock is owned by institutional investors and hedge funds.

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.