Goldman Sachs Group Inc. reiterated their buy rating on shares of ASML Holding NV (NASDAQ:ASML) in a research note published on Sunday.
A number of other equities analysts have also recently commented on the company. BNP Paribas reissued a sell rating on shares of ASML Holding NV in a report on Sunday. B. Riley reaffirmed a neutral rating and issued a $113.00 target price on shares of ASML Holding NV in a report on Thursday. Morgan Stanley reaffirmed a buy rating on shares of ASML Holding NV in a report on Monday, October 10th. Zacks Investment Research cut ASML Holding NV from a buy rating to a hold rating in a report on Wednesday, October 5th. Finally, Deutsche Bank AG reaffirmed a hold rating on shares of ASML Holding NV in a report on Wednesday, August 17th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $96.10.
ASML Holding NV (NASDAQ:ASML) opened at 105.26 on Friday. The company has a market cap of $44.61 billion, a PE ratio of 30.48 and a beta of 1.35. The stock’s 50 day moving average price is $105.53 and its 200 day moving average price is $101.93. ASML Holding NV has a 12-month low of $77.17 and a 12-month high of $111.58.
ASML Holding NV (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, October 19th. The company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by $0.01. ASML Holding NV had a return on equity of 14.82% and a net margin of 19.62%. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the firm posted $0.75 EPS. ASML Holding NV’s quarterly revenue was up 17.2% on a year-over-year basis. Equities research analysts anticipate that ASML Holding NV will post $3.60 EPS for the current year.
Hedge funds have recently modified their holdings of the stock. Cornerstone Advisors Inc. increased its stake in shares of ASML Holding NV by 2,705.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,094 shares of the company’s stock worth $120,000 after buying an additional 1,055 shares during the last quarter. Seven Bridges Advisors LLC increased its stake in shares of ASML Holding NV by 23.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,927 shares of the company’s stock worth $191,000 after buying an additional 360 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of ASML Holding NV by 7.5% in the second quarter. Checchi Capital Advisers LLC now owns 2,369 shares of the company’s stock worth $235,000 after buying an additional 165 shares during the last quarter. Homrich & Berg acquired a new stake in shares of ASML Holding NV during the second quarter worth approximately $241,000. Finally, Brown Advisory Inc. acquired a new stake in shares of ASML Holding NV during the second quarter worth approximately $244,000. 15.06% of the stock is owned by institutional investors.
About ASML Holding NV
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 advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.