ASML Holding NV (NASDAQ:ASML)’s share price gapped up prior to trading on Friday . The stock had previously closed at $93.90, but opened at $94.61. ASML Holding NV shares last traded at $96.81, with a volume of 332,244 shares.

ASML has been the topic of a number of recent analyst reports. Credit Suisse Group AG lifted their price objective on ASML Holding NV from $75.00 to $84.00 and gave the stock a “neutral” rating in a research note on Thursday, April 21st. Berenberg Bank restated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday. Royal Bank Of Canada boosted their price target on ASML Holding NV from $100.00 to $105.00 and gave the company a “sector perform” rating in a research note on Monday, April 4th. Bank of America Corp. restated a “buy” rating on shares of ASML Holding NV in a research note on Saturday, June 18th. Finally, Susquehanna lowered ASML Holding NV from a “positive” rating to a “neutral” rating in a research note on Tuesday, April 19th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $93.56.

The company has a market capitalization of $41.61 billion and a PE ratio of 23.36. The firm’s 50 day moving average is $97.55 and its 200-day moving average is $93.77.

ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, April 20th. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.06. The company earned $1.33 billion during the quarter, compared to the consensus estimate of $1.47 billion. ASML Holding NV’s quarterly revenue was down 19.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 EPS. On average, analysts predict that ASML Holding NV will post $3.46 EPS for the current year.

Several institutional investors recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of ASML Holding NV by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 108,866 shares of the company’s stock worth $9,667,000 after buying an additional 2,332 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of ASML Holding NV by 15.1% in the fourth quarter. Wells Fargo & Company MN now owns 273,730 shares of the company’s stock worth $24,298,000 after buying an additional 35,983 shares during the last quarter. Morgan Stanley raised its position in shares of ASML Holding NV by 10.8% in the fourth quarter. Morgan Stanley now owns 1,652,524 shares of the company’s stock worth $146,695,000 after buying an additional 161,259 shares during the last quarter. Jacobson & Schmitt Advisors LLC raised its position in shares of ASML Holding NV by 3.5% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 35,144 shares of the company’s stock worth $3,120,000 after buying an additional 1,194 shares during the last quarter. Finally, Stevens Capital Management LP bought a new position in shares of ASML Holding NV during the fourth quarter worth approximately $8,801,000.

ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems, notably: TWINSCAN NXE, a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT, a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT, a step-and-scan water-based immersion lithography platform; YieldStar, a metrology tool; PAS 5500, a step-and-scan platform; and Brion, a computational lithography verification platform.

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