ASML Holding (NASDAQ:ASML) Receives $1,036.00 Average Target Price from Analysts

ASML Holding (NASDAQ:ASML) has earned an average rating of “Moderate Buy” from the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $1,036.00.

ASML has been the subject of a number of recent research reports. Raymond James boosted their price objective on ASML from $850.00 to $1,000.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 25th. Sanford C. Bernstein lowered their target price on ASML from $1,072.00 to $1,052.00 and set an “outperform” rating for the company in a research report on Friday, April 12th. Kepler Capital Markets upgraded ASML from a “hold” rating to a “buy” rating in a research report on Monday, January 8th. HSBC started coverage on ASML in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Finally, Susquehanna increased their target price on ASML from $830.00 to $1,100.00 and gave the stock a “positive” rating in a research note on Friday, January 26th.

Hedge Funds Weigh In On ASML

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. First PREMIER Bank boosted its position in ASML by 4.2% during the first quarter. First PREMIER Bank now owns 273 shares of the semiconductor company’s stock valued at $265,000 after purchasing an additional 11 shares in the last quarter. Investment Partners LTD. boosted its position in ASML by 1.2% during the first quarter. Investment Partners LTD. now owns 898 shares of the semiconductor company’s stock valued at $871,000 after purchasing an additional 11 shares in the last quarter. Toth Financial Advisory Corp boosted its position in ASML by 11.5% during the fourth quarter. Toth Financial Advisory Corp now owns 126 shares of the semiconductor company’s stock valued at $95,000 after purchasing an additional 13 shares in the last quarter. Slow Capital Inc. boosted its position in ASML by 0.3% during the fourth quarter. Slow Capital Inc. now owns 4,407 shares of the semiconductor company’s stock valued at $3,336,000 after purchasing an additional 13 shares in the last quarter. Finally, Miracle Mile Advisors LLC boosted its position in ASML by 4.7% during the first quarter. Miracle Mile Advisors LLC now owns 287 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

NASDAQ ASML opened at $918.97 on Friday. ASML has a 52 week low of $563.99 and a 52 week high of $1,056.34. The firm has a market capitalization of $362.62 billion, a P/E ratio of 46.93, a PEG ratio of 2.29 and a beta of 1.48. The company has a quick ratio of 0.88, a current ratio of 1.54 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average price of $955.61 and a 200-day moving average price of $807.34.

ASML Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Monday, April 29th will be given a dividend of $1.343 per share. This represents a $5.37 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date is Friday, April 26th. ASML’s payout ratio is 27.02%.

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.