ASML (ASML) Given “Buy” Rating at Royal Bank of Canada

Royal Bank of Canada reiterated their buy rating on shares of ASML (NASDAQ:ASML) in a report published on Thursday, Borsen Zeitung reports.

A number of other research analysts have also commented on ASML. Zacks Investment Research lowered shares of ASML from a hold rating to a sell rating in a research note on Tuesday, January 1st. Liberum Capital upgraded shares of ASML from a hold rating to a buy rating in a research note on Monday, February 4th. BidaskClub lowered shares of ASML from a hold rating to a sell rating in a research note on Saturday, March 30th. Finally, Goldman Sachs Group lowered shares of ASML from a conviction-buy rating to a buy rating in a research note on Monday, April 15th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $201.80.

Shares of NASDAQ:ASML opened at $205.91 on Thursday. ASML has a 52 week low of $144.50 and a 52 week high of $221.66. The company has a current ratio of 2.78, a quick ratio of 1.87 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $86.75 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 1.49 and a beta of 1.14.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $1.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.89. ASML had a net margin of 23.66% and a return on equity of 22.70%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same quarter last year, the business earned $1.26 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. Sell-side analysts predict that ASML will post 6.98 EPS for the current year.

The firm also recently declared an annual dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Monday, April 29th will be given a $2.3856 dividend. This is a positive change from ASML’s previous annual dividend of $1.72. The ex-dividend date of this dividend is Friday, April 26th. This represents a yield of 1%. ASML’s payout ratio is 20.06%.

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in ASML by 56.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 286,041 shares of the semiconductor company’s stock worth $53,782,000 after purchasing an additional 103,681 shares during the period. Macquarie Group Ltd. boosted its stake in ASML by 17.7% in the 4th quarter. Macquarie Group Ltd. now owns 33,900 shares of the semiconductor company’s stock worth $5,276,000 after purchasing an additional 5,100 shares during the period. Shine Investment Advisory Services Inc. boosted its stake in ASML by 161.0% in the 4th quarter. Shine Investment Advisory Services Inc. now owns 556 shares of the semiconductor company’s stock worth $87,000 after purchasing an additional 343 shares during the period. State of Tennessee Treasury Department acquired a new position in ASML in the 4th quarter worth approximately $15,031,000. Finally, Daiwa Securities Group Inc. acquired a new position in ASML in the 4th quarter worth approximately $639,000. Hedge funds and other institutional investors own 16.25% of the company’s stock.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells Holistic Lithography solutions, which integrate its three categories of products, including DUV lithography, EUV lithography, and Applications.

See Also: Net Margin – Understanding the Different Kinds of Profit

Analyst Recommendations for ASML (NASDAQ:ASML)

Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.