NYSE:ASX ASE Technology (ASX) Stock Price, News & Analysis $9.54 -0.02 (-0.21%) (As of 09/12/2024 ET) Add Compare Share Share Today's Range$9.48▼$9.6450-Day Range$8.61▼$12.5052-Week Range$7.25▼$12.86Volume6.18 million shsAverage Volume6.87 million shsMarket Capitalization$20.92 billionP/E Ratio20.75Dividend Yield2.41%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get ASE Technology alerts: Email Address ASE Technology MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.54% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.41Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth54.90%From $0.51 to $0.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.23 out of 5 starsComputer And Technology Sector143rd out of 602 stocksSemiconductors & Related Devices Industry27th out of 89 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ASE Technology.Read more about ASE Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.54% of the float of ASE Technology has been sold short.Short Interest Ratio / Days to CoverASE Technology has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ASE Technology has recently increased by 3.76%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldASE Technology pays a meaningful dividend of 2.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthASE Technology does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of ASE Technology is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ASE Technology will have a dividend payout ratio of 29.11% next year. This indicates that ASE Technology will be able to sustain or increase its dividend.Read more about ASE Technology's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASX. Previous Next 2.4 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for ASE Technology this week, compared to 3 articles on an average week.Search Interest21 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ASE Technology insiders have not sold or bought any company stock.Percentage Held by Insiders22.90% of the stock of ASE Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 6.80% of the stock of ASE Technology is held by institutions.Read more about ASE Technology's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for ASE Technology are expected to grow by 54.90% in the coming year, from $0.51 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASE Technology is 20.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.16.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 20.74, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 279.73.Price to Earnings Growth RatioASE Technology has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioASE Technology has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about ASE Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About ASE Technology Stock (NYSE:ASX)ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. ASE Technology Holding Co., Ltd. was founded in 1984 and is based in Kaohsiung, Taiwan.Read More ASX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASX Stock News HeadlinesSeptember 10 at 3:00 AM | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*September 8, 2024 | americanbankingnews.comContrasting ASE Technology (NYSE:ASX) & Intchains Group (NASDAQ:ICG)September 12, 2024 | Timothy Sykes (Ad)“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weekend Trading. It’s the best strategy I know of - because it revolves around making a quick trade right before the market closes on Friday afternoon… And closing the trade when the market opens the following Monday.September 6, 2024 | americanbankingnews.comASE Technology (NYSE:ASX) Stock Rating Lowered by StockNews.comSeptember 2, 2024 | americanbankingnews.comASE Technology Holding Co., Ltd. (NYSE:ASX) Short Interest Up 19.1% in AugustAugust 18, 2024 | ca.finance.yahoo.comASX Sep 2024 20.000 callAugust 13, 2024 | msn.comAustralian regulator sues bourse operator ASX over trading platform replacementAugust 12, 2024 | theglobeandmail.comInvesting in NVIDIA’s Supply Chain: A Strategic Move for Savvy InvestorsSeptember 12, 2024 | Timothy Sykes (Ad)“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weekend Trading. It’s the best strategy I know of - because it revolves around making a quick trade right before the market closes on Friday afternoon… And closing the trade when the market opens the following Monday.August 9, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*July 31, 2024 | seekingalpha.comASE Technology Holding: Headwinds Have Gained StrengthJuly 30, 2024 | msn.comASE Technology Holding Co., Ltd. (NYSE:ASX) Q2 2024 Earnings Call TranscriptJuly 25, 2024 | markets.businessinsider.comASE Technology Q2 Profit, Revenues RiseJuly 25, 2024 | sg.finance.yahoo.comBRIEF-Wasion Says Unit Won Smart Meter Tender ContractJuly 25, 2024 | markets.businessinsider.comHere's what Wall Street expects from ASE Industrial's earningsJuly 25, 2024 | msn.comApple's Taiwanese Chip Supplier ASE Tech Clocks Modest Q2 Growth In RevenuesJuly 25, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Second Quarter of 2024July 22, 2024 | msn.comNvidia, Apple Supplier TSMC And Other US-Listed Taiwan Stocks Trading Lower In Pre-Market After Biden Quits Presidential RaceSee More Headlines Receive ASX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ASE Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 8/2 Dividend7/02/2024Last Earnings7/25/2024Dividend Payable8/02/2024Today9/12/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNYSE:ASX CUSIPN/A CIK1122411 Webwww.aseglobal.com Phone(867) 361-7131Fax882-2-2757-6121Employees92,894Year Founded2016Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio20.74 Forward P/E Ratio18.71 P/E Growth0.59Net Income$1.16 billion Net Margins5.38% Pretax Margin7.39% Return on Equity9.90% Return on Assets4.59% Debt Debt-to-Equity Ratio0.33 Current Ratio1.17 Quick Ratio0.90 Sales & Book Value Annual Sales$587.79 billion Price / Sales0.04 Cash Flow$1.42 per share Price / Cash Flow6.72 Book Value$4.69 per share Price / Book2.03Miscellaneous Outstanding Shares2,192,213,000Free Float1,690,196,000Market Cap$20.91 billion OptionableOptionable Beta1.22 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Hung-Pen Chang (Age 77)Vice Chairman, GM & President Mr. Joseph Tung (Age 65)Group CFO & Representative Director Dr. Tien Yu Wu (Age 66)Group COO & Representative Director Mr. Murphy KuoSenior VP, Accountant Manager & Group ControllerMr. Dtuang Wang (Age 64)Chief Administrative Officer, Chief Corporate Governance Officer & Company Secretary Mr. Kenneth Hsiang (Age 53)Head of Investor Relations & VP Dr. Shi Hua Pan (Age 79)Group Chief of Staff Mr. Rui Rong Lo (Age 69)GM of Kaohsiung Plant & Representative Director Mr. Kwai Mun Lee (Age 61)President of Southeast Asia Operations Mr. Bo-Lian LiSenior Vice PresidentMore ExecutivesKey CompetitorsNXP SemiconductorsNASDAQ:NXPIL3Harris TechnologiesNYSE:LHXVertivNYSE:VRTSTMicroelectronicsNYSE:STMNokia OyjNYSE:NOKView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 166,420 shares on 9/5/2024Ownership: 0.008%Truist Financial CorpSold 6,163 shares on 8/21/2024Ownership: 0.001%Driehaus Capital Management LLCBought 503,765 shares on 8/16/2024Ownership: 0.045%Susquehanna International Group LLPSold 242,935 shares on 8/16/2024Ownership: 0.014%Creative PlanningBought 95,714 shares on 8/16/2024Ownership: 0.006%View All Institutional Transactions Should I Buy ASE Technology Stock? ASX Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in ASE Technology Holding Co., Ltd.: ASE Technology stock has a current price of $10.34, which may present a buying opportunity for investors looking for potential growth. The company has shown consistent growth in institutional investments, indicating confidence from large financial entities. Positive analyst ratings and price target upgrades suggest a favorable outlook for the company's performance. ASE Technology's low debt-to-equity ratio of 0.37 indicates a healthy financial structure. The company's PEG ratio of 0.63 suggests that the stock may be undervalued relative to its earnings growth potential. Cons Investors should be bearish about investing in ASE Technology Holding Co., Ltd. for these reasons: ASE Technology stock has experienced recent price declines, which may indicate short-term volatility or market concerns. The company's beta of 1.21 suggests higher volatility compared to the market average, potentially leading to greater price fluctuations. While the company has seen institutional investments, a high percentage of ownership by institutional investors could lead to less influence for individual shareholders. ASE Technology's 1 year high of $12.86 may pose resistance levels for the stock's price appreciation in the near term. Investors should consider the industry trends and competition in the semiconductor sector, which could impact ASE Technology's future growth prospects. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these ASE Technology pros and cons to contact@marketbeat.com. ASX Stock Analysis - Frequently Asked Questions How have ASX shares performed this year? ASE Technology's stock was trading at $9.41 on January 1st, 2024. Since then, ASX stock has increased by 1.4% and is now trading at $9.54. View the best growth stocks for 2024 here. How were ASE Technology's earnings last quarter? ASE Technology Holding Co., Ltd. (NYSE:ASX) announced its earnings results on Thursday, July, 25th. The semiconductor company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. The semiconductor company had revenue of $4.33 billion for the quarter. ASE Technology had a net margin of 5.38% and a trailing twelve-month return on equity of 9.90%. What is Jason C. S. Chang's approval rating as ASE Technology's CEO? 25 employees have rated ASE Technology Chief Executive Officer Jason C. S. Chang on Glassdoor.com. Jason C. S. Chang has an approval rating of 80% among the company's employees. Who are ASE Technology's major shareholders? ASE Technology's top institutional investors include Acadian Asset Management LLC (0.44%), Envestnet Asset Management Inc. (0.13%), Earnest Partners LLC (0.13%) and Natixis Advisors LLC (0.11%). View institutional ownership trends. How do I buy shares of ASE Technology? Shares of ASX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of ASE Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that ASE Technology investors own include Nokia Oyj (NOK), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), AT&T (T) and Advanced Micro Devices (AMD). 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