ASML Holding NV (NASDAQ:ASML) shares 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 changing hands.

A number of research analysts recently issued reports on ASML shares. Summit Research lowered their target price on shares of 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. Zacks Investment Research upgraded shares of ASML Holding NV from a “hold” rating to a “strong-buy” rating and set a $111.00 target price on the stock in a research note on Wednesday, April 20th. Berenberg Bank reiterated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday, July 5th. Credit Suisse Group AG raised their target price on shares of ASML Holding NV from $75.00 to $84.00 and gave the company a “neutral” rating in a research note on Thursday, April 21st. Finally, Goldman Sachs Group Inc. reiterated a “buy” rating on shares of ASML Holding NV in a research note on Thursday, April 21st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $94.56.

The stock’s 50-day moving average is $102.11 and its 200 day moving average is $96.50. The stock has a market capitalization of $46.45 billion and a PE ratio of 31.67.

ASML Holding NV (NASDAQ:ASML) last posted its quarterly earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.04. During the same period last year, the company posted $0.86 earnings per share. The firm 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% compared to the same quarter last year. On average, analysts predict that ASML Holding NV will post $3.52 earnings per share for the current fiscal year.

Other hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised 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 valued at $9,667,000 after buying an additional 2,332 shares during the period. Wells Fargo & Company MN raised 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 valued at $24,298,000 after buying an additional 35,983 shares during the period. Finally, Comerica Bank raised 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 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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