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NVDA   392.75 (+3.81%)
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AMZN   122.18 (+1.33%)
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NVDA   392.75 (+3.81%)
NIO   7.50 (-0.40%)
BABA   83.13 (+4.50%)
AMD   119.15 (+0.80%)
T   15.86 (+0.83%)
F   12.09 (+0.75%)
MU   68.88 (+1.00%)
CGC   0.86 (+2.43%)
GE   104.74 (+3.16%)
DIS   88.45 (+0.56%)
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PFE   38.18 (+0.42%)
PYPL   62.85 (+1.39%)
NFLX   400.78 (+1.40%)
NYSE:ASX

ASE Technology (ASX) Stock Forecast, Price & News

$7.82
+0.20 (+2.62%)
(As of 11:51 AM ET)
Compare
Today's Range
$7.69
$7.82
50-Day Range
$6.74
$7.97
52-Week Range
$4.45
$7.97
Volume
1.80 million shs
Average Volume
5.48 million shs
Market Capitalization
$17.08 billion
P/E Ratio
9.42
Dividend Yield
4.48%
Price Target
N/A

ASE Technology MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.12mentions of ASE Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
34.38%
From $0.64 to $0.86 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.20 out of 5 stars

Computer And Technology Sector

18th out of 621 stocks

Semiconductors & Related Devices Industry

5th out of 89 stocks


ASX stock logo

About ASE Technology (NYSE:ASX) Stock

ASE Technology Holding Co., Ltd. engages in the provision of semiconductor manufacturing services. It develops and offers complete turnkey solutions in IC (Integrated Circuit) packaging, design and production of interconnect materials, front-end engineering testing, wafer probing and final testing, as well as electronic manufacturing services. The company was founded on April 30, 2018 and is headquartered in Kaohsiung City, Taiwan.

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ASX Stock News Headlines

Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
ASE Technology April Net Revenues Down
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
ASE Technology (NYSE:ASX) Shares Down 3.9%
ASE Technology Could Be Heading For A Correction
ASE Technology Holding Co Ltd ADR
ASE Technology January Net Revenues Decline
See More Headlines

ASX Price History

ASX Company Calendar

Last Earnings
10/28/2021
Today
6/01/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
97,079
Year Founded
2016

Profitability

Net Income
$2.00 billion
Pretax Margin
10.75%

Debt

Sales & Book Value

Annual Sales
$22.52 billion
Cash Flow
$1.72 per share
Book Value
$4.37 per share

Miscellaneous

Outstanding Shares
2,183,620,000
Free Float
1,683,572,000
Market Cap
$16.63 billion
Optionable
Not Optionable
Beta
1.22

Social Links


Key Executives

  • Hung Pen Chang
    Vice Chairman & General Manager
  • Tien Yu Wu
    Chief Operating Officer & Director
  • Hung Ssu Tung
    Chief Financial Officer & Director
  • Du Tsuen Uang
    Chief Administration Officer
  • Hung Ming Kuo
    Head-Accounting & Deputy General Manager













ASX Stock - Frequently Asked Questions

Should I buy or sell ASE Technology stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ASE Technology in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASX, but not buy additional shares or sell existing shares.
View ASX analyst ratings
or view top-rated stocks.

How have ASX shares performed in 2023?

ASE Technology's stock was trading at $6.27 at the start of the year. Since then, ASX stock has increased by 21.5% and is now trading at $7.6150.
View the best growth stocks for 2023 here
.

Are investors shorting ASE Technology?

ASE Technology saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 5,230,000 shares, a decrease of 23.9% from the April 15th total of 6,870,000 shares. Based on an average trading volume of 5,650,000 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company's stock are short sold.
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, July 27th 2023.
View our ASX earnings forecast
.

How were ASE Technology's earnings last quarter?

ASE Technology Holding Co., Ltd. (NYSE:ASX) released its quarterly earnings results on Thursday, October, 28th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. The semiconductor company had revenue of $5.41 billion for the quarter. ASE Technology had a net margin of 8.38% and a trailing twelve-month return on equity of 18.47%.

How often does ASE Technology pay dividends? What is the dividend yield for ASE Technology?

ASE Technology declared an annual dividend on Tuesday, June 7th. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.4794 per share on Thursday, August 4th. This represents a yield of 8%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase from the stock's previous annual dividend of $0.30.
Read our dividend analysis for ASX
.

Is ASE Technology a good dividend stock?

ASE Technology (NYSE:ASX) pays an annual dividend of $0.35 per share and currently has a dividend yield of 4.43%. ASX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASX will have a dividend payout ratio of 40.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASX.

What guidance has ASE Technology issued on next quarter's earnings?

ASE Technology issued an update on its first quarter earnings guidance on Thursday, April, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.30 billion-$4.30 billion, compared to the consensus revenue estimate of $4.33 billion.

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).

What is ASE Technology's stock symbol?

ASE Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASX."

Who are ASE Technology's major shareholders?

ASE Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.00%), Arrowstreet Capital Limited Partnership (0.61%), UBS Group AG (0.53%), BlackRock Inc. (0.34%), Bank of America Corp DE (0.28%) and Acadian Asset Management LLC (0.26%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ASE Technology's stock price today?

One share of ASX stock can currently be purchased for approximately $7.62.

How much money does ASE Technology make?

ASE Technology (NYSE:ASX) has a market capitalization of $16.63 billion and generates $22.52 billion in revenue each year. The semiconductor company earns $2.00 billion in net income (profit) each year or $0.83 on an earnings per share basis.

How many employees does ASE Technology have?

The company employs 97,079 workers across the globe.

How can I contact ASE Technology?

ASE Technology's mailing address is 26 CHIN THIRD ROAD NANTZE EXPORT PROCESSING ZONE, KAOHSIUNG F5, 811. The official website for the company is www.aseglobal.com. The semiconductor company can be reached via phone at (867) 361-7131, via email at ir@aseglobal.com, or via fax at 882-2-2757-6121.

This page (NYSE:ASX) was last updated on 6/1/2023 by MarketBeat.com Staff

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