ASML Holding NV (NASDAQ:ASML) gapped up prior to trading on Thursday . The stock had previously closed at $107.66, but opened at $108.45. ASML Holding NV shares last traded at $110.05, with a volume of 189,542 shares.

ASML has been the topic of several recent analyst reports. Bank of America Corp. restated a “buy” rating on shares of ASML Holding NV in a report on Saturday, June 18th. JPMorgan Chase & Co. restated a “buy” rating on shares of ASML Holding NV in a report on Friday, June 17th. Goldman Sachs Group Inc. restated a “buy” rating on shares of ASML Holding NV in a report on Thursday, April 21st. Berenberg Bank restated a “buy” rating on shares of ASML Holding NV in a report on Tuesday, June 28th. Finally, Summit Redstone restated a “buy” rating on shares of ASML Holding NV in a report on Wednesday, July 20th. One analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $94.56.

The firm’s 50-day moving average is $101.71 and its 200 day moving average is $96.40. The stock has a market cap of $46.66 billion and a PE ratio of 32.05.

ASML Holding NV (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the 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. During the same quarter in the prior year, the firm earned $0.86 earnings per share. ASML Holding NV’s revenue for the quarter was up 5.2% compared to the same quarter last year. Equities analysts expect that ASML Holding NV will post $3.52 earnings per share for the current year.

A number of hedge funds and institutional investors have made changes to their positions in ASML. Wells Fargo & Company MN raised its stake 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 valued at $24,298,000 after buying an additional 35,983 shares during the period. Dimensional Fund Advisors LP raised its stake 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 valued at $9,667,000 after buying an additional 2,332 shares during the period. Finally, Comerica Bank raised its stake 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 valued at $1,919,000 after buying an additional 964 shares during the period.

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.

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