ASML Holding (NASDAQ:ASML) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of ASML Holding (NASDAQ:ASML – Get Rating) have received an average recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $703.82.

ASML has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their target price on ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Stifel Nicolaus downgraded shares of ASML from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Argus upped their price objective on shares of ASML from $590.00 to $775.00 and gave the company a “buy” rating in a research note on Thursday, January 26th. StockNews.com started coverage on shares of ASML in a research note on Thursday, March 16th. They set a “buy” rating for the company. Finally, Sanford C. Bernstein started coverage on shares of ASML in a research note on Wednesday, January 18th. They set an “outperform” rating for the company.

ASML Price Performance

Shares of ASML opened at $650.19 on Friday. The business’s 50 day moving average price is $640.70 and its two-hundred day moving average price is $612.14. ASML has a 52-week low of $363.15 and a 52-week high of $698.59. The firm has a market cap of $256.56 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 1.08 and a beta of 1.47. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.88 and a current ratio of 1.28.

Institutional Trading of ASML

A number of hedge funds have recently modified their holdings of ASML. Avalon Trust Co acquired a new stake in ASML in the first quarter valued at $27,000. Capital Management Associates NY acquired a new stake in ASML in the 1st quarter valued at $681,000. Nvwm LLC grew its stake in shares of ASML by 33.9% during the first quarter. Nvwm LLC now owns 1,237 shares of the semiconductor company’s stock valued at $842,000 after acquiring an additional 313 shares in the last quarter. Consolidated Portfolio Review Corp bought a new position in ASML in the first quarter worth about $263,000. Finally, Texas Capital Bank Wealth Management Services Inc. bought a new stake in shares of ASML during the first quarter valued at approximately $246,000. Hedge funds and other institutional investors own 18.61% of the company’s stock.

ASML Company Profile

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ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.