ASML Holding NV (NASDAQ:ASML)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $106.09, but opened at $107.16. ASML Holding NV shares last traded at $108.64, with a volume of 530,235 shares changing hands.

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of ASML Holding NV in a research report on Thursday, June 23rd. Bank of America Corp. lowered shares of ASML Holding NV from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $112.00 to $99.00 in a research note on Wednesday, August 17th. Berenberg Bank reiterated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday, June 28th. B. Riley reiterated a “neutral” rating and set a $113.00 price objective on shares of ASML Holding NV in a research note on Tuesday, July 26th. Finally, Zacks Investment Research upgraded shares of ASML Holding NV from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. ASML Holding NV presently has a consensus rating of “Hold” and an average target price of $95.00.

The firm has a 50 day moving average price of $106.16 and a 200 day moving average price of $98.36. The firm has a market capitalization of $45.20 billion and a PE ratio of 30.32.

ASML Holding NV (NASDAQ:ASML) last released 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 earned $1.74 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the company earned $0.86 EPS. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, equities analysts predict that ASML Holding NV will post $3.56 EPS for the current fiscal year.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.