ASML Holding NV (NASDAQ:ASML)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $109.91 and last traded at $108.67, with a volume of 397,549 shares changing hands. The stock had previously closed at $108.77.

Several equities analysts have recently commented on the company. B. Riley reiterated a “neutral” rating and set a $113.00 target price on shares of ASML Holding NV in a research note on Tuesday. Summit Redstone reiterated a “buy” rating on shares of ASML Holding NV in a research note on Wednesday, July 20th. Zacks Investment Research upgraded ASML Holding NV from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd. RBC Capital Markets reiterated a “sector perform” rating and set a $110.00 target price (up from $103.00) on shares of ASML Holding NV in a research note on Friday, July 22nd. Finally, Royal Bank Of Canada increased their target price on ASML Holding NV from $103.00 to $110.00 and gave the company a “sector perform” rating in a research note on Thursday, July 21st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $94.56.

The company’s 50-day moving average price is $99.88 and its 200 day moving average price is $95.38. The firm has a market cap of $46.73 billion and a P/E ratio of 32.37.

ASML Holding NV (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, July 20th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the firm posted $0.86 earnings per share. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, equities research analysts predict that ASML Holding NV will post $3.52 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted 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. Wells Fargo & Company MN boosted 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. Morgan Stanley boosted its stake 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 in the last quarter. Finally, Comerica Bank boosted 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.

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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