NYSE:ASX ASE Technology (ASX) Stock Price, News & Analysis → The only AI company you should be looking at (From Behind the Markets) (Ad) Free ASX Stock Alerts $11.03 +0.22 (+2.04%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$10.96▼$11.2250-Day Range$8.63▼$11.6652-Week Range$6.70▼$11.68Volume5.67 million shsAverage Volume6.33 million shsMarket Capitalization$24.09 billionP/E Ratio23.47Dividend Yield3.81%Price Target$7.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ASE Technology alerts: Email Address ASE Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside29.0% Downside$7.84 Price TargetShort InterestHealthy0.41% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 8 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.1.99 out of 5 starsComputer And Technology Sector390th out of 602 stocksSemiconductors & Related Devices Industry58th out of 90 stocks 1.3 Analyst's Opinion Consensus RatingASE Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.84, ASE Technology has a forecasted downside of 29.0% from its current price of $11.03.Amount of Analyst CoverageASE Technology has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.41% 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 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ASE Technology has recently decreased by 5.12%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipASE Technology is a leading dividend payer. It pays a dividend yield of 3.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthASE Technology has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of ASE Technology is 89.36%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASX. Previous Next 3.3 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 0.94. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for ASE Technology this week, compared to 2 articles on an average week.Search Interest18 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 34 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% 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 7.62% of the stock of ASE Technology is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of ASE Technology is 23.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.59.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 23.47, 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 270.41.Price to Book Value per Share RatioASE Technology has a P/B Ratio of 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. 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; 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 headquartered 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 HeadlinesMarch 18, 2024 | americanbankingnews.comShort Interest in ASE Technology Holding Co., Ltd. (NYSE:ASX) Drops By 5.1%March 16, 2024 | finance.yahoo.comASX Apr 2024 12.500 putMarch 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.March 13, 2024 | finance.yahoo.comUSI Introduces Innovative 150KW Power Module for xEVs Traction InvertersMarch 11, 2024 | nasdaq.comASE Technology Feb. Net Revenues DeclineMarch 11, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*March 4, 2024 | edition.cnn.comASE Technology Holding Co., Ltd. Sponsored ADRFebruary 27, 2024 | stocknews.com3 Semiconductor Stocks You Need in Your March InvestmentsMarch 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.February 16, 2024 | ca.finance.yahoo.comASX Jun 2024 17.500 callFebruary 15, 2024 | markets.businessinsider.comASE Technology January Net Revenues Rise From Last Year, Down SequentiallyFebruary 15, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*February 15, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*February 15, 2024 | finance.yahoo.comASX Sep 2024 12.500 callFebruary 14, 2024 | finance.yahoo.comASX Feb 2024 12.500 callFebruary 4, 2024 | seekingalpha.comASE Technology Holding: May Be Due For A Bigger CorrectionFebruary 2, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. (NYSE:ASX) Q4 2023 Earnings Call TranscriptFebruary 1, 2024 | stocknews.com3 Chip Stocks That Investors LoveFebruary 1, 2024 | benzinga.comRecap: ASE Tech Holding Co Q4 EarningsFebruary 1, 2024 | finance.yahoo.comZacks.com featured highlights include First Bank, CEMEX, Costamare, ASE Technology and Summit Hotel PropertiesFebruary 1, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Fourth Quarter and the Full Year of 2023February 1, 2024 | msn.comASE Technology Q4 2023 Earnings PreviewJanuary 31, 2024 | markets.businessinsider.comHere's what to expect from ASE Industrial's earningsJanuary 17, 2024 | stocknews.com3 Semiconductor Stocks Worth Watching in 2024December 22, 2023 | finance.yahoo.comThis Low-Priced Semiconductor Stock Is on Course for Major UpsideDecember 11, 2023 | markets.businessinsider.comASE and its Foundation Award Three $25,000 Grants to Early Career Investigators in Cardiovascular ImagingDecember 10, 2023 | finance.yahoo.comASE Technology Holding Co., Ltd Receives Industry Leadership Recognition on the Dow Jones Sustainability Indices for the Eighth Year in a RowSee 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 Last Earnings1/31/2024Today3/18/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:ASX CUSIPN/A CIK1122411 Webwww.aseglobal.com Phone(867) 361-7131Fax882-2-2757-6121Employees97,079Year Founded2016Price Target and Rating Average Stock Price Target$7.84 High Stock Price Target$9.20 Low Stock Price Target$6.47 Potential Upside/Downside-29.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio23.47 Forward P/E Ratio16.71 P/E GrowthN/ANet Income$1.02 billion Net Margins5.44% Pretax Margin7.32% Return on Equity10.31% Return on Assets4.63% Debt Debt-to-Equity Ratio0.32 Current Ratio1.18 Quick Ratio0.89 Sales & Book Value Annual Sales$18.69 billion Price / Sales1.29 Cash Flow$1.33 per share Price / Cash Flow8.31 Book Value$4.68 per share Price / Book2.36Miscellaneous Outstanding Shares2,183,620,000Free Float1,683,572,000Market Cap$24.09 billion OptionableOptionable Beta1.24 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Hung-Pen Chang (Age 77)Vice Chairman, GM & President Mr. Kwai Mun Lee (Age 61)President of Southeast Asia Operations Mr. Chen-Yen Wei (Age 69)Chairman, President of Universal Scientific Industrial & GM of UGTW Mr. Gilles Benhamou (Age 69)CEO of Asteelflash Technologie & Chairman Asteelflash Suzhou Co., Ltd. Mr. Rutherford Chang (Age 44)Director 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 More ExecutivesKey CompetitorsUnited MicroelectronicsNYSE:UMCGLOBALFOUNDRIESNASDAQ:GFSSkyworks SolutionsNASDAQ:SWKSOnsemiNASDAQ:ONMonolithic Power SystemsNASDAQ:MPWRView All CompetitorsInstitutional OwnershipHennessy Advisors Inc.Bought 2,710 shares on 3/14/2024Ownership: 0.001%Sivia Capital Partners LLCBought 37,454 shares on 3/13/2024Ownership: 0.002%Fisher Asset Management LLCSold 3,807,384 shares on 3/5/2024Ownership: 0.794%Goldman Sachs Group Inc.Bought 1,009,795 shares on 3/1/2024Ownership: 0.178%Virtu Financial LLCBought 70,868 shares on 2/26/2024Ownership: 0.003%View All Institutional Transactions Should I Buy ASE Technology Stock? ASX Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of ASE Technology was last updated on Sunday, March 17, 2024 at 11:52 PM. Pros Here are some ways that investors could benefit from investing in ASE Technology Holding Co., Ltd.: ASE Technology provides semiconductor packaging and testing services globally, tapping into a growing market for advanced technology components. The company offers a diverse range of services including real estate management, software solutions, and equipment leasing, providing multiple revenue streams. ASE Technology's international presence in regions like the United States, Taiwan, and Europe offers geographic diversification and exposure to different markets. Recent positive financial performance and growth trends indicate a strong potential for future profitability, attracting investor interest. With a competitive edge in the semiconductor industry, ASE Technology is well-positioned to capitalize on the increasing demand for electronic components in various sectors. Cons Investors should be bearish about investing in ASE Technology Holding Co., Ltd. for these reasons: Fluctuations in the semiconductor market can impact the company's revenue and profitability, leading to potential investment risks. Dependency on global economic conditions and trade policies may expose ASE Technology to uncertainties and market volatility. Competitive pressures from other semiconductor companies could affect ASE Technology's market share and pricing power. Regulatory changes in different regions where the company operates may pose challenges and compliance costs. Stock price volatility in the technology sector can result in sudden fluctuations in ASE Technology's share value, impacting investor returns. ASX Stock Analysis - Frequently Asked Questions Should I buy or sell ASE Technology stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ASE Technology in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ASX shares. View ASX analyst ratings or view top-rated stocks. What is ASE Technology's stock price target for 2024? 2 Wall Street research analysts have issued 1 year target prices for ASE Technology's shares. Their ASX share price targets range from $6.47 to $9.20. On average, they expect the company's stock price to reach $7.84 in the next twelve months. This suggests that the stock has a possible downside of 29.0%. View analysts price targets for ASX or view top-rated stocks among Wall Street analysts. How have ASX shares performed in 2024? ASE Technology's stock was trading at $9.41 at the start of the year. Since then, ASX shares have increased by 17.2% and is now trading at $11.03. View the best growth stocks for 2024 here. Are investors shorting ASE Technology? ASE Technology saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 8,710,000 shares, a decrease of 5.1% from the February 14th total of 9,180,000 shares. Based on an average daily volume of 5,840,000 shares, the short-interest ratio is currently 1.5 days. Currently, 0.4% of the shares of the stock are sold short. View ASE Technology's Short Interest. When is ASE Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our ASX earnings forecast. How were ASE Technology's earnings last quarter? ASE Technology Holding Co., Ltd. (NYSE:ASX) posted its earnings results on Wednesday, January, 31st. The semiconductor company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The semiconductor company earned $5.05 billion during the quarter. ASE Technology had a trailing twelve-month return on equity of 10.31% and a net margin of 5.44%. During the same quarter in the previous year, the business posted $0.23 EPS. How often does ASE Technology pay dividends? What is the dividend yield for ASE Technology? ASE Technology declared an annual dividend on Wednesday, May 31st. Shareholders of record on Monday, July 3rd will be paid a dividend of $0.4672 per share on Thursday, August 3rd. This represents a yield of 4.5%. The ex-dividend date is Friday, June 30th. Read our dividend analysis for ASX. Is ASE Technology a good dividend stock? ASE Technology (NYSE:ASX) pays an annual dividend of $0.42 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 89.36%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ASX. What ETFs hold ASE Technology's stock? ETFs with the largest weight of ASE Technology (NYSE:ASX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Amplify International Enhanced Dividend Income ETF (IDVO), Distillate International Fundamental Stability & Value ETF (DSTX), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), iShares Semiconductor ETF (SOXX), Direxion Daily Semiconductors Bull 3x Shares (SOXL) and Avantis Emerging Markets Value ETF (AVES).Avantis Responsible Emerging Markets Equity ETF (AVSE). 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. What other stocks do shareholders of ASE Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other ASE Technology investors own include Nokia Oyj (NOK), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), AT&T (T), Advanced Micro Devices (AMD), EnLink Midstream (ENLC), Inovio Pharmaceuticals (INO) and Pfizer (PFE). Who are ASE Technology's major shareholders? ASE Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.91%), Fisher Asset Management LLC (0.79%), UBS Group AG (0.42%), Schroder Investment Management Group (0.26%), Goldman Sachs Group Inc. (0.18%) and Goldman Sachs Group Inc. (0.18%). 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. This page (NYSE:ASX) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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