ASML (NASDAQ:ASML) had its price objective raised by B. Riley from $166.00 to $200.00 in a research note issued to investors on Wednesday morning. They currently have a neutral rating on the semiconductor company’s stock. B. Riley also issued estimates for ASML’s FY2017 earnings at $5.11 EPS, Q1 2018 earnings at $1.34 EPS, Q2 2018 earnings at $1.50 EPS, Q2 2018 earnings at $1.79 EPS, Q3 2018 earnings at $1.90 EPS, Q3 2018 earnings at $1.57 EPS, Q4 2018 earnings at $1.68 EPS, Q4 2018 earnings at $2.06 EPS, FY2018 earnings at $6.16 EPS, FY2018 earnings at $7.09 EPS, Q1 2019 earnings at $1.96 EPS, Q2 2019 earnings at $2.04 EPS, Q3 2019 earnings at $2.13 EPS, Q4 2019 earnings at $2.17 EPS, FY2019 earnings at $9.18 EPS and FY2019 earnings at $8.30 EPS.
A number of other equities research analysts have also recently issued reports on ASML. Sanford C. Bernstein reissued an outperform rating and set a $184.00 target price (up previously from $172.50) on shares of ASML in a report on Thursday, September 21st. Royal Bank of Canada restated a hold rating and set a $155.00 price target on shares of ASML in a research report on Tuesday, October 3rd. JPMorgan Chase & Co. restated a buy rating on shares of ASML in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of ASML from a hold rating to a buy rating and set a $191.00 price target for the company in a research report on Tuesday, October 3rd. Finally, Bank of America restated a buy rating and set a $210.00 price target on shares of ASML in a research report on Tuesday, October 3rd. Four investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $196.29.
Shares of ASML (ASML) opened at $205.52 on Wednesday. The company has a current ratio of 2.70, a quick ratio of 1.78 and a debt-to-equity ratio of 0.28. ASML has a 1-year low of $119.83 and a 1-year high of $206.03. The stock has a market cap of $87,432.80, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 1.34 and a beta of 1.14.
ASML declared that its board has approved a share repurchase plan on Wednesday, January 17th that permits the company to buyback shares. This buyback authorization permits the semiconductor company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
The company also recently declared an annual dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 30th will be given a dividend of $1.7181 per share. This is a positive change from ASML’s previous annual dividend of $0.71. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, April 27th. ASML’s payout ratio is 20.22%.
A number of large investors have recently made changes to their positions in the stock. Capital World Investors grew its position in ASML by 0.6% in the second quarter. Capital World Investors now owns 25,172,077 shares of the semiconductor company’s stock worth $3,280,173,000 after acquiring an additional 153,276 shares in the last quarter. Artisan Partners Limited Partnership grew its position in ASML by 8.7% in the third quarter. Artisan Partners Limited Partnership now owns 2,422,603 shares of the semiconductor company’s stock worth $414,750,000 after acquiring an additional 193,896 shares in the last quarter. Fisher Asset Management LLC grew its position in ASML by 3.5% in the third quarter. Fisher Asset Management LLC now owns 2,018,226 shares of the semiconductor company’s stock worth $345,520,000 after acquiring an additional 67,528 shares in the last quarter. Janus Henderson Group PLC grew its position in ASML by 18.1% in the third quarter. Janus Henderson Group PLC now owns 1,839,320 shares of the semiconductor company’s stock worth $314,892,000 after acquiring an additional 282,357 shares in the last quarter. Finally, Winslow Capital Management LLC purchased a new position in ASML in the second quarter worth $188,068,000. Institutional investors own 16.60% of the company’s stock.
ASML Company Profile
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 semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.
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