ASML Holding NV (ASML) Sets New 12-Month High at $111.04
ASML Holding NV (NASDAQ:ASML)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $111.04 and last traded at $110.90, with a volume of 759,488 shares traded. The stock had previously closed at $109.49.
A number of equities analysts recently issued reports on the stock. Bank of America Corp. reiterated a “buy” rating on shares of ASML Holding NV in a research report on Saturday, June 18th. B. Riley reiterated a “neutral” rating and set a $89.00 price objective on shares of ASML Holding NV in a research report on Friday, June 17th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ASML Holding NV in a research report on Thursday, June 23rd. Credit Suisse Group AG reiterated a “hold” rating and set a $75.00 price objective on shares of ASML Holding NV in a research report on Wednesday, April 20th. Finally, Susquehanna lowered shares of ASML Holding NV from a “positive” rating to a “neutral” rating in a report on Tuesday, April 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $94.56.
The company has a market cap of $46.74 billion and a price-to-earnings ratio of 32.09. The stock has a 50-day moving average of $103.81 and a 200 day moving average of $97.33.
ASML Holding NV (NASDAQ:ASML) last announced its earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The company earned $1.74 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the prior year, the business earned $0.86 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, equities research analysts predict that ASML Holding NV will post $3.53 EPS for the current year.
A number of large investors recently made changes to their positions in the stock. Comerica Bank increased 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 worth $1,919,000 after buying an additional 964 shares in the last quarter. Dimensional Fund Advisors LP increased 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 worth $9,667,000 after buying an additional 2,332 shares in the last quarter. Finally, Wells Fargo & Company MN increased 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 worth $24,298,000 after buying an additional 35,983 shares in the last quarter.
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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