ASML Holding NV (NASDAQ:ASML) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $109.91 and last traded at $108.67, with a volume of 397,549 shares traded. The stock had previously closed at $108.77.

Several research analysts have recently issued reports on ASML shares. Berenberg Bank reissued a “buy” rating on shares of ASML Holding NV in a research report on Tuesday, July 5th. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML Holding NV in a research report on Thursday, June 23rd. Zacks Investment Research upgraded ASML Holding NV from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd. Royal Bank Of Canada upped their price target on ASML Holding NV from $103.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 21st. Finally, Summit Research cut their price target on ASML Holding NV from $100.00 to $85.00 and set a “hold” rating on the stock in a research note on Tuesday, April 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. ASML Holding NV currently has an average rating of “Hold” and an average target price of $94.56.

The stock has a market cap of $46.49 billion and a PE ratio of 32.08. The firm’s 50-day moving average is $99.38 and its 200-day moving average is $95.17.

ASML Holding NV (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.04. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.71 billion. The business’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 EPS. Equities analysts predict that ASML Holding NV will post $3.61 earnings per share for the current fiscal year.

A number of institutional investors have modified their holdings of the company. Comerica Bank increased 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. Dimensional Fund Advisors LP increased 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 period. Wells Fargo & Company MN increased 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. Finally, Morgan Stanley increased 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.

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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