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ASML (NASDAQ:ASML) Trading 1.2% Higher After Analyst Upgrade

ASML (NASDAQ:ASML) Trading 1.2% Higher After Analyst Upgrade

ASML Holding N.V. (NASDAQ:ASML – Get Free Report) rose 1.2% during mid-day trading on Monday after Mizuho upgraded the stock from a neutral rating to an outperform rating. The company traded as high as $972.07 and last traded at $962.61. Approximately 1,195,921 shares changed hands during trading, a decline of 30% from the average daily volume of 1,704,465 shares. The stock had previously closed at $951.52.
Several other brokerages also recently issued reports on ASML. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML in a research report on Tuesday, September 16th. Jefferies Financial Group downgraded ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. UBS Group upgraded ASML from a “neutral” rating to a “buy” rating in a report on Friday, September 5th. Barclays reiterated a “neutral” rating on shares of ASML in a report on Tuesday, September 16th. Finally, Morgan Stanley upgraded ASML from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $923.80.
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Institutional Trading of ASML
Several institutional investors and hedge funds have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. bought a new position in ASML in the first quarter valued at approximately $360,262,000. Invesco Ltd. grew its stake in shares of ASML by 101.0% in the first quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock valued at $484,562,000 after buying an additional 367,505 shares in the last quarter. Amundi increased its holdings in ASML by 91.6% during the first quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after buying an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. raised its position in ASML by 61.0% during the first quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after acquiring an additional 268,172 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in ASML by 6.3% in the second quarter. Fisher Asset Management LLC now owns 4,244,254 shares of the semiconductor company’s stock valued at $3,401,304,000 after acquiring an additional 250,934 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.
ASML Trading Up 0.6%
The company has a market cap of $380.87 billion, a P/E ratio of 40.40, a P/E/G ratio of 1.63 and a beta of 1.80. The business’s 50-day moving average price is $787.89 and its 200 day moving average price is $747.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 1.43.
ASML (NASDAQ:ASML – Get Free Report) last issued its earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The firm had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.72 billion. During the same quarter last year, the business posted $4.01 earnings per share. The company’s revenue for the quarter was up 23.2% on a year-over-year basis. ASML has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.
ASML Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Tuesday, July 29th were paid a dividend of $1.856 per share. The ex-dividend date was Tuesday, July 29th. This represents a $7.42 annualized dividend and a dividend yield of 0.8%. This is an increase from ASML’s previous quarterly dividend of $1.64. ASML’s dividend payout ratio is presently 26.21%.
ASML Company Profile
(Get Free Report)
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.
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