Shares of ASML Holding NV (NASDAQ:ASML) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $104.98 and last traded at $104.96, with a volume of 2,418,154 shares changing hands. The stock had previously closed at $103.13.

ASML has been the subject of several recent research reports. Goldman Sachs Group Inc. restated a “buy” rating on shares of ASML Holding NV in a research note on Thursday, April 21st. Natixis reduced their price target on ASML Holding NV from $83.00 to $80.00 and set a “buy” rating for the company in a research note on Monday, March 28th. Citigroup Inc. reduced their price target on ASML Holding NV from $80.50 to $78.00 and set a “buy” rating for the company in a research note on Monday, March 28th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML Holding NV in a research note on Friday, June 17th. Finally, Bank of America Corp. restated a “buy” rating on shares of ASML Holding NV in a research note on Saturday, June 18th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $92.63.

The company has a 50-day moving average price of $98.65 and a 200-day moving average price of $94.44. The firm has a market capitalization of $46.29 billion and a P/E ratio of 26.07.

ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.04. The business had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.71 billion. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 earnings per share. Equities analysts expect that ASML Holding NV will post $3.46 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in ASML. Comerica Bank increased its stake 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 in the last quarter. Jacobson & Schmitt Advisors LLC increased its stake 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 in the last quarter. Dimensional Fund Advisors LP increased its stake 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 in the last quarter. TD Asset Management Inc. increased its stake in ASML Holding NV by 5.7% in the fourth quarter. TD Asset Management Inc. now owns 50,190 shares of the company’s stock worth $4,455,000 after buying an additional 2,704 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake 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 in 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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