BidaskClub upgraded shares of ASML (NASDAQ:ASML) from a hold rating to a buy rating in a report issued on Friday, January 5th.

Other research analysts have also issued reports about the company. Bank of America reiterated a buy rating and set a $210.00 price target on shares of ASML in a report on Tuesday, October 3rd. B. Riley restated a neutral rating and issued a $166.00 target price (up from $162.00) on shares of ASML in a research note on Monday, October 16th. Sanford C. Bernstein restated an outperform rating and issued a $184.00 target price (up from $172.50) on shares of ASML in a research note on Thursday, September 21st. Susquehanna Bancshares upgraded ASML from a neutral rating to a positive rating and upped their target price for the company from $130.00 to $190.00 in a research note on Monday, September 18th. Finally, JPMorgan Chase & Co. restated a buy rating on shares of ASML in a research note on Tuesday, October 3rd. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of Buy and an average target price of $196.29.

ASML (NASDAQ:ASML) opened at $204.02 on Friday. ASML has a 1-year low of $119.83 and a 1-year high of $208.58. The company has a market capitalization of $87,600.00, a P/E ratio of 33.45, a PEG ratio of 1.51 and a beta of 1.14. The company has a current ratio of 2.70, a quick ratio of 1.81 and a debt-to-equity ratio of 0.28.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, January 17th. The semiconductor company reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.52. ASML had a return on equity of 21.16% and a net margin of 24.28%. The company had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.15 billion. During the same period in the previous year, the company earned $1.23 earnings per share. The company’s quarterly revenue was up 34.3% compared to the same quarter last year. equities research analysts anticipate that ASML will post 7.31 EPS for the current year.

ASML announced that its Board of Directors has authorized a share repurchase plan on Wednesday, January 17th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the semiconductor company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

The company also recently announced an annual dividend, which will be paid on Wednesday, May 9th. Investors of record on Monday, April 30th will be paid a $1.7181 dividend. This represents a dividend yield of 0.84%. This is a positive change from ASML’s previous annual dividend of $0.71. The ex-dividend date of this dividend is Friday, April 27th. ASML’s dividend payout ratio is presently 18.20%.

A number of large investors have recently made changes to their positions in the business. Atlantic Trust Group LLC grew its position in ASML by 1.1% in the second quarter. Atlantic Trust Group LLC now owns 15,547 shares of the semiconductor company’s stock valued at $2,026,000 after acquiring an additional 168 shares during the period. M&T Bank Corp grew its position in ASML by 8.1% in the second quarter. M&T Bank Corp now owns 2,775 shares of the semiconductor company’s stock valued at $362,000 after acquiring an additional 207 shares during the period. Raymond James Trust N.A. grew its position in ASML by 5.1% in the second quarter. Raymond James Trust N.A. now owns 4,487 shares of the semiconductor company’s stock valued at $584,000 after acquiring an additional 216 shares during the period. Ameriprise Financial Inc. grew its position in ASML by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 69,606 shares of the semiconductor company’s stock valued at $9,070,000 after acquiring an additional 216 shares during the period. Finally, Comerica Bank grew its position in ASML by 1.1% in the third quarter. Comerica Bank now owns 24,807 shares of the semiconductor company’s stock valued at $4,413,000 after acquiring an additional 274 shares during the period. Hedge funds and other institutional investors own 16.60% of the company’s stock.

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ASML Company Profile

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

Analyst Recommendations for ASML (NASDAQ:ASML)

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