ASML Holding N.V. (NASDAQ:ASML) Receives Consensus Rating of “Moderate Buy” from Brokerages

ASML Holding N.V. (NASDAQ:ASML) has been assigned a consensus recommendation of “Moderate Buy” from the thirty-two research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, twenty have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $1,854.1250.

A number of equities research analysts have commented on ASML shares. UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Friday. Sanford C. Bernstein raised their target price on ASML from $1,971.00 to $2,623.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Bank of America boosted their price target on ASML from $2,268.00 to $2,345.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Finally, Barclays reaffirmed a “buy” rating on shares of ASML in a research report on Monday, June 29th.

ASML Stock Down 0.4%

Shares of ASML stock traded down $6.93 during mid-day trading on Friday, hitting $1,797.32. The company’s stock had a trading volume of 1,216,618 shares, compared to its average volume of 1,960,671. The stock has a market cap of $706.85 billion, a price-to-earnings ratio of 64.47, a PEG ratio of 1.36 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML has a 52-week low of $683.48 and a 52-week high of $1,999.96. The business has a 50-day moving average price of $1,705.68 and a 200 day moving average price of $1,475.73.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Research analysts predict that ASML will post 36.62 EPS for the current fiscal year.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

Hedge Funds Weigh In On ASML

A number of institutional investors have recently bought and sold shares of ASML. Cornerstone Financial Management LLC bought a new stake in ASML during the 4th quarter worth approximately $26,000. Portus Wealth Advisors LLC purchased a new stake in ASML in the 1st quarter worth $32,000. Resources Management Corp CT ADV lifted its position in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. raised its stake in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares during the period. Finally, Jessup Wealth Management Inc purchased a new position in ASML in the 4th quarter worth approximately $30,000. 26.07% of the stock is owned by institutional investors.

About ASML

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.