The stock last traded at $178.07 a tad higher than $167.83, the 50 day moving average and quite a bit higher than the 200 day moving average of $146.62. The 50 day moving average was up by +6.10% and the 200 day average went up $31.45 or +21.45%. Trading was heavy with 1,091K shares changing hands by the end of trading on Tuesday. Trading volume was up 41.17% over the stocks average daily volume.
Investors are a little more bearish on shares of ASML Holding N.V. – ADS represe of late at least if you consider the rise in short interest. The company had a rise in short interest between September 15, 2017 and September 29, 2017 of 1.42%. Short shares grew from 2,982,590 to 3,024,829 over that timeframe. With short interest at 3,024,829 and short average daily volume at 1,106,089, days to cover is 3.0 and the percentage of shorted shares is 0.01% as of September 29.
The following firms have recently changed their position in ASML. As of quarter end Dubuque Bank & Trust Co had disposed of 11,558 shares trimming its position 99.7%. The value of the investment in ASML Holding N.V. – ADS represe went from $1,510,000 to $5,000 a change of 99.7% quarter over quarter. As of the end of the quarter Winslow, Evans & Crocker, Inc. had bought a total of 1 shares growing its holdings by 4.3%. The value of the investment in (ASML) increased from $2,997,000 to $3,938,000 increasing 31.4% for the reporting period.
Fisher Asset Management, LLC bolstered its position by buying 67,528 shares an increase of 3.5% in the quarter. Fisher Asset Management, LLC currently owns 2,018,226 shares valued at $345,520,000. The value of the position overall is up by 35.9%. As of quarter end Bank Of Montreal /can/ had disposed of 437 shares trimming its stake by 8.4%. The value in dollars increased from $674,000 to $811,000 a change of $137,000 quarter to quarter.
On September 18 the company was set at “Positive” according to a Susquehanna report up from the previous “Neutral” rating. October 19 investment analysts at Credit Suisse kept the stock rating at “Neutral” but raised the price target to $166.00 from $100.00.
On October 19 B. Riley maintained a company rating of “Neutral” and moved up the price target from $89.00 to $166.00.
The company’s P/E ratio is 33.68 and market capitalization is 76.67B. In the last earnings report the EPS was $5.29 and is estimated to be $5.05 for the current year with 430,533,000 shares outstanding. Next quarter’s EPS is estimated at $1.21 and the next full year EPS is projected to be $6.02.
ASML Holding N.V., launched on October 3, 1994, is a holding company. The Company is a manufacturer of chip-making equipment. The Company is involved in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Business’s products include systems, and installed base products and services. The Business’s principal operations are in the Netherlands, the United States and Asia. Its subsidiaries include ASML Netherlands B.V., ASML Systems B.V., ASML Hong Kong Ltd. and ASML US Inc..