Societe Generale started coverage on shares of ASML (NASDAQ:ASML) in a research note published on Monday, Briefing.com Automated Import reports. The firm issued a buy rating on the semiconductor company’s stock.

Several other equities research analysts also recently issued reports on ASML. Goldman Sachs Group set a GBX 4,300 ($56.19) price objective on shares of ASOS and gave the stock a buy rating in a research note on Monday, April 15th. Wells Fargo & Co set a $45.00 price objective on shares of Perrigo and gave the stock a hold rating in a research note on Wednesday, June 19th. BidaskClub upgraded shares of Zebra Technologies from a hold rating to a buy rating in a research note on Saturday, July 6th. Zacks Investment Research upgraded shares of GreenTree Hospitality Group from a sell rating to a hold rating in a research note on Monday, April 15th. Finally, ValuEngine downgraded shares of Zumiez from a hold rating to a sell rating in a research note on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of Buy and an average target price of $206.50.

ASML opened at $208.74 on Monday. The company has a current ratio of 2.78, a quick ratio of 1.87 and a debt-to-equity ratio of 0.26. ASML has a 52-week low of $144.50 and a 52-week high of $221.66. The stock’s 50 day simple moving average is $198.92. The stock has a market capitalization of $87.68 billion, a P/E ratio of 29.07, a P/E/G ratio of 2.09 and a beta of 1.21.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 17th. The semiconductor company reported $1.43 earnings per share (EPS) for the quarter, topping the 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 company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. ASML’s revenue for the quarter was down 2.5% on a year-over-year basis. As a group, equities research analysts anticipate that ASML will post 6.99 EPS for the current year.

Several hedge funds have recently made changes to their positions in ASML. FMR LLC boosted its stake in shares of ASML by 37.2% in the first quarter. FMR LLC now owns 4,484,787 shares of the semiconductor company’s stock valued at $843,365,000 after purchasing an additional 1,215,606 shares during the period. Cambiar Investors LLC purchased a new position in shares of ASML in the first quarter valued at $88,605,000. WCM Investment Management LLC boosted its stake in shares of ASML by 13.5% in the first quarter. WCM Investment Management LLC now owns 3,117,183 shares of the semiconductor company’s stock valued at $586,186,000 after purchasing an additional 370,629 shares during the period. Deutsche Bank AG boosted its stake in shares of ASML by 2,244.2% in the fourth quarter. Deutsche Bank AG now owns 288,661 shares of the semiconductor company’s stock valued at $44,920,000 after purchasing an additional 276,347 shares during the period. Finally, Norges Bank purchased a new position in shares of ASML in the fourth quarter valued at $34,326,000. Institutional investors and hedge funds own 16.80% of the company’s stock.

About ASML

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.

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Analyst Recommendations for ASML (NASDAQ:ASML)

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