ASML Holding NV (NASDAQ:ASML) traded down 2.6% during mid-day trading on Thursday . The stock traded as low as $105.17 and last traded at $105.34, with a volume of 1,408,614 shares changing hands. The stock had previously closed at $108.16.

Several equities research analysts recently issued reports on the stock. B. Riley reaffirmed a “neutral” rating and set a $89.00 price target on shares of ASML Holding NV in a report on Tuesday, April 26th. Bank of America Corp. reissued a “buy” rating on shares of ASML Holding NV in a report on Saturday, June 18th. Royal Bank Of Canada boosted their target price on shares of ASML Holding NV from $103.00 to $110.00 and gave the stock a “sector perform” rating in a report on Thursday. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML Holding NV in a report on Thursday, June 23rd. Finally, Credit Suisse Group AG reissued a “hold” rating and set a $75.00 target price on shares of ASML Holding NV in a report on Wednesday, April 20th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $92.63.

The firm’s 50 day moving average price is $98.65 and its 200 day moving average price is $94.44. The company has a market cap of $45.14 billion and a price-to-earnings ratio of 25.40.

ASML Holding NV (NASDAQ:ASML) last issued its earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. During the same period last year, the firm posted $0.86 EPS. The business earned $1.74 billion during the quarter, compared to analysts’ expectations of $1.71 billion. ASML Holding NV’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, analysts anticipate that ASML Holding NV will post $3.62 EPS for the current fiscal year.

Other institutional investors have modified their holdings of the company. 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 period. 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 period. 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 period. Comerica Bank raised its position in shares of 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 period. Finally, TD Asset Management Inc. raised its position in shares of 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 during the period.

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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