Shares of ASML Holding NV (NASDAQ:ASML) 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.

Several analysts recently commented on ASML shares. 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 report on Thursday, April 21st. Berenberg Bank reaffirmed a “buy” rating on shares of ASML Holding NV in a report on Tuesday, July 5th. Royal Bank Of Canada lifted their price objective on ASML Holding NV from $100.00 to $105.00 and gave the stock a “sector perform” rating in a report on Monday, April 4th. Bank of America Corp. reaffirmed a “buy” rating on shares of ASML Holding NV in a report on Saturday, June 18th. Finally, Susquehanna lowered ASML Holding NV from a “positive” rating to a “neutral” rating in a report on Tuesday, April 19th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $93.56.

The company has a 50 day moving average price of $97.55 and a 200-day moving average price of $93.77. The stock has a market cap of $41.61 billion and a P/E ratio of 23.50.

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

Other institutional investors recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in 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 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 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 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, Comerica Bank raised its position in ASML Holding NV by 4.2% in the fourth quarter. Comerica Bank now owns 23,909 shares of the company’s stock worth $1,919,000 after buying an additional 964 shares during the last quarter.

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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