Published On: Fri, Sep 16th, 2016

ASML Holding NV (ASML) Sees Strong Trading Volume

ASML Holding NV (NASDAQ:ASML) shares saw unusually-strong trading volume on Thursday . Approximately 693,168 shares were traded during mid-day trading, an increase of 17% from the previous session’s volume of 593,262 shares.The stock last traded at $103.29 and had previously closed at $101.98.
A number of equities research analysts have recently weighed in on ASML shares. Berenberg Bank restated a “buy” rating on shares of ASML Holding NV in a research note on Tuesday, July 5th. Zacks Investment Research downgraded shares of ASML Holding NV from a “hold” rating to a “sell” rating in a research note on Tuesday, June 21st. Royal Bank Of Canada raised their price target on shares of ASML Holding NV from $103.00 to $110.00 and gave the company a “sector perform” rating in a research note on Thursday, July 21st. Deutsche Bank AG restated a “hold” rating on shares of ASML Holding NV in a research note on Wednesday, August 17th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of ASML Holding NV in a research note on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $95.00.
The firm’s 50 day moving average is $107.37 and its 200-day moving average is $100.32. The company has a market capitalization of $43.93 billion, a P/E ratio of 29.67 and a beta of 1.27.

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ASML Holding NV (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 20th. The company reported $0.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.04. ASML Holding NV had a return on equity of 14.09% and a net margin of 19.26%. The company earned $1.74 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the previous year, the firm earned $0.86 earnings per share. ASML Holding NV’s revenue was up 5.2% on a year-over-year basis. Equities research analysts expect that ASML Holding NV will post $3.60 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the company. Neuberger Berman Group LLC raised its position in shares of ASML Holding NV by 20.5% in the second quarter. Neuberger Berman Group LLC now owns 1,644,510 shares of the company’s stock valued at $163,152,000 after buying an additional 279,417 shares during the last quarter. Norges Bank purchased a new stake in shares of ASML Holding NV during the fourth quarter valued at about $24,471,000. JPMorgan Chase & Co. raised its stake in shares of ASML Holding NV by 34.5% in the second quarter. JPMorgan Chase & Co. now owns 437,963 shares of the company’s stock valued at $43,450,000 after buying an additional 112,459 shares in the last quarter. Alliancebernstein L.P. purchased a new stake in shares of ASML Holding NV during the second quarter valued at about $8,378,000. Finally, Van ECK Associates Corp raised its stake in shares of ASML Holding NV by 81.8% in the second quarter. Van ECK Associates Corp now owns 177,814 shares of the company’s stock valued at $17,641,000 after buying an additional 80,028 shares in the last quarter. 15.06% of the stock is owned by institutional investors.
About ASML Holding NV
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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