ASML Holding NV (ASML) Sees Strong Trading Volume
Shares of ASML Holding NV (NASDAQ:ASML) saw an uptick in trading volume on Tuesday . 1,538,203 shares were traded during mid-day trading, an increase of 77% from the previous session’s volume of 871,453 shares.The stock last traded at $107.95 and had previously closed at $110.83.
A number of research firms have issued reports on ASML. Royal Bank Of Canada boosted their price objective on shares of ASML Holding NV from $103.00 to $110.00 and gave the company a “sector perform” rating in a report on Thursday, July 21st. B. Riley reissued a “neutral” rating and issued a $113.00 price objective on shares of ASML Holding NV in a report on Thursday, July 21st. Summit Redstone reissued a “buy” rating on shares of ASML Holding NV in a report on Wednesday, July 20th. Zacks Investment Research raised shares of ASML Holding NV from a “sell” rating to a “hold” rating in a report on Friday, July 22nd. Finally, RBC Capital Markets reissued a “sector perform” rating and issued a $110.00 price objective (up previously from $103.00) on shares of ASML Holding NV in a report on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $94.56.
The company has a market capitalization of $45.76 billion and a price-to-earnings ratio of 31.14. The stock has a 50-day moving average price of $104.71 and a 200-day moving average price of $97.70.
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 analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.71 billion. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. On average, equities analysts anticipate that ASML Holding NV will post $3.54 earnings per share for the current year.
A hedge fund recently raised its stake in ASML Holding NV stock. Wells Fargo & Company MN boosted its position in shares of ASML Holding NV (NASDAQ:ASML) by 15.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,730 shares of the company’s stock after buying an additional 35,983 shares during the period. Wells Fargo & Company MN owned 0.06% of ASML Holding NV worth $24,298,000 as of its most recent SEC filing.
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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