Stocks of ASML Holding N.V. (NASDAQ:ASML) traded higher last session on Wall Street, up 5.40% to $595.85.
ASML stock price is now 7.05% away from the 50-day moving average and 11.53% away from the 200-day moving average. The market capitalization of the company currently stands at $230.69B.
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With the price target enhanced from $510 to $850, Susquehanna Upgraded its rating from Neutral to Positive for ASML Holding N.V. (NASDAQ: ASML). , while ‘New Street’ rates the stock as ‘Buy’.
A total of 0.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ASML stock. A new stake in ASML Holding N.V. shares was purchased by GQG PARTNERS LLC during the first quarter worth $680,101,000. MATRIX CAPITAL MANAGEMENT COMPANY, LP invested $186,144,000 in shares of ASML during the first quarter. In the first quarter, OPTIVER HOLDING B.V. acquired a new stake in ASML Holding N.V. valued at approximately $31,059,000. LIGHT STREET CAPITAL MANAGEMENT, LLC acquired a new stake in ASML for approximately $26,825,000. COATUE MANAGEMENT LLC purchased a new stake in ASML valued at around $19,051,000 in the second quarter. In total, there are 1,103 active investors with 19.50% ownership of the company’s stock.
Friday’s opening bell rang with an opening price of $575.33 for ASML Holding N.V. (NASDAQ: ASML). During the past 12 months, ASML Holding N.V. has had a low of $363.15 and a high of $777.92. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.30, and a quick ratio of 0.80. The fifty day moving average price for ASML is $558.81 and a two-hundred day moving average price translates $533.77 for the stock.
The latest earnings results from ASML Holding N.V. (NASDAQ: ASML) was released for Oct, 2022. According to the Semiconductor Equipment & Materials Company, earnings per share came in at $4.32, beating analysts’ expectations of $4.01 by 0.31. This compares to $5.02 EPS in the same period last year. The net profit margin was 28.30% and return on equity was 64.60% for ASML. The company reported revenue of $5.82 billion for the quarter, compared to $6.18 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.84 percent. For the current quarter, analysts expect ASML to generate $6.6B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 11/14/2022. Investors who held shares on 11/04/2022 were paid a $1.3403669 dividend. On an annualized basis, this represents a $6.63 dividend and a 1.11% percent yield. There was an ex-dividend date of 11/03/2022 for this dividend. In terms of dividend payout ratio, ASML is presently at 47.70%.
ASML Holding N.V.(ASML) Company Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company 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. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to measure the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and software solutions to create applications that enhance the setup of the lithography system; and mature products and services that refurbish used lithography equipment and offers associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, the Netherlands, Europe, the United States, and rest of Asia. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
