ASML (NASDAQ:ASML) Trading Down 0.1% – Time to Sell?

Shares of ASML Holding (NASDAQ:ASML) fell 0.1% on Wednesday . The stock traded as low as $741.69 and last traded at $743.80. 329,488 shares changed hands during trading, a decline of 82% from the average session volume of 1,789,433 shares. The stock had previously closed at $744.22.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ASML shares. BNP Paribas started coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein cut their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. DZ Bank raised ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company increased their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued 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 a consensus price target of $937.00.

ASML Trading Up 0.5 %

The firm has a market cap of $294.17 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 1.65 and a beta of 1.47. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $731.04 and a 200 day moving average of $760.19.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $7.30 earnings per share for the quarter, missing analysts’ consensus estimates of $7.67 by ($0.37). ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, research analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Tuesday, February 11th will be issued a dividend of $1.5855 per share. This is a positive change from ASML’s previous dividend of $1.08. The ex-dividend date is Tuesday, February 11th. ASML’s dividend payout ratio (DPR) is currently 25.67%.

Institutional Investors Weigh In On ASML

Several institutional investors and hedge funds have recently bought and sold shares of the business. Fairway Wealth LLC bought a new stake in shares of ASML during the third quarter valued at approximately $25,000. Kennebec Savings Bank raised its holdings in ASML by 227.3% during the 4th 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 period. Milestone Investment Advisors LLC acquired a new position in ASML in the 3rd quarter worth approximately $28,000. Wellington Shields & Co. LLC grew its holdings in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 37 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Company Profile

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.