ASML (NASDAQ:ASML) Shares Down 2.7%

ASML (NASDAQ:ASML) shares fell 2.7% to $1,110.08, with trading volume down 11% from the average. Analysts have mixed ratings, with a consensus of 'Moderate Buy' and a target price of $1,171.83. The company reported Q3 earnings of $6.41 per share, beating estimates. ASML's quarterly revenue was $8.80 billion, and it increased its dividend to $1.857 per share. Institutional investors hold 26.07% of the stock.

Shares of ASML Holding N.V. (NASDAQ:ASML - Get Free Report) traded down 2.7% on Thursday . The stock traded as low as $1,102.17 and last traded at $1,110.08. 1,487,839 shares changed hands during trading, a decline of 11% from the average session volume of 1,674,012 shares. The stock had previously closed at $1,140.92.

Analyst Ratings Changes

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Several analysts have weighed in on the company. Zacks Research upgraded shares of ASML from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 17th. Evercore ISI reaffirmed an "outperform" rating on shares of ASML in a report on Thursday, October 16th. Arete Research raised ASML to a "strong-buy" rating in a research note on Friday, September 12th. Sanford C. Bernstein restated a "market perform" rating on shares of ASML in a research report on Wednesday, October 29th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of ASML in a report on Friday, October 10th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $1,171.83.

View Our Latest Analysis on ASML

ASML Trading Down 2.7%

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The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 1.31. The stock has a market capitalization of $436.58 billion, a P/E ratio of 45.18, a price-to-earnings-growth ratio of 1.80 and a beta of 1.87. The stock has a 50-day moving average price of $1,022.60 and a two-hundred day moving average price of $858.81.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.27 by $0.14. The business had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a return on equity of 47.74% and a net margin of 27.08%.The firm's quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.28 earnings per share. On average, research analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML Increases Dividend

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a $1.857 dividend. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, October 29th. This is an increase from ASML's previous quarterly dividend of $1.86. ASML's dividend payout ratio (DPR) is presently 25.76%.

Institutional Trading of ASML

Hedge funds have recently bought and sold shares of the company. HBK Sorce Advisory LLC raised its position in shares of ASML by 1.0% during the third quarter. HBK Sorce Advisory LLC now owns 1,057 shares of the semiconductor company's stock valued at $1,067,000 after buying an additional 10 shares during the last quarter. Albion Financial Group UT grew its stake in ASML by 27.8% during the third quarter. Albion Financial Group UT now owns 46 shares of the semiconductor company's stock valued at $45,000 after acquiring an additional 10 shares in the last quarter. Global Assets Advisory LLC increased its holdings in ASML by 2.3% in the 3rd quarter. Global Assets Advisory LLC now owns 452 shares of the semiconductor company's stock valued at $438,000 after acquiring an additional 10 shares during the last quarter. State of Wyoming lifted its stake in ASML by 4.2% in the 3rd quarter. State of Wyoming now owns 247 shares of the semiconductor company's stock worth $239,000 after purchasing an additional 10 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of ASML by 3.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 345 shares of the semiconductor company's stock valued at $334,000 after purchasing an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

About ASML

(Get Free Report)

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.

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ASML (NASDAQ:ASML) Shares Down 2.7% - Here's What Happened