DZ Bank reiterated their sell rating on shares of ASML (NASDAQ:ASML) in a research report sent to investors on Friday.
Several other brokerages also recently weighed in on ASML. Santander downgraded ASML from a buy rating to a hold rating in a report on Monday, March 19th. Royal Bank of Canada boosted their price target on ASML to $218.00 and gave the company a market perform rating in a report on Thursday, April 19th. BidaskClub upgraded ASML from a buy rating to a strong-buy rating in a report on Wednesday, June 6th. Zacks Investment Research downgraded ASML from a strong-buy rating to a hold rating in a report on Tuesday, March 20th. Finally, Cowen initiated coverage on ASML in a report on Monday, May 14th. They issued a market perform rating for the company. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the stock. ASML has an average rating of Hold and a consensus price target of $199.86.
ASML stock opened at $196.65 on Friday. ASML has a 1 year low of $128.35 and a 1 year high of $216.90. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.91 and a current ratio of 2.94. The company has a market capitalization of $88.20 billion, a P/E ratio of 35.31, a P/E/G ratio of 1.61 and a beta of 1.15.
ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 18th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.17. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. ASML had a return on equity of 21.49% and a net margin of 24.30%. ASML’s revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.23 EPS. analysts expect that ASML will post 6.9 earnings per share for the current year.
Hedge funds have recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new stake in shares of ASML during the 4th quarter worth $100,000. Clearwater Capital Advisors LLC acquired a new stake in shares of ASML during the 1st quarter worth $114,000. Institutional & Family Asset Management LLC acquired a new stake in shares of ASML during the 1st quarter worth $115,000. Delek Group Ltd. acquired a new stake in shares of ASML during the 4th quarter worth $111,000. Finally, We Are One Seven LLC acquired a new stake in shares of ASML during the 4th quarter worth $117,000. Institutional investors and hedge funds own 16.84% of the company’s stock.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.
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