NYSE:ASX ASE Technology (ASX) Stock Price, News & Analysis → Digitizing the $11T commodities sector with one tiny stock (From Resource Stock Digest) (Ad) Free ASX Stock Alerts $11.36 +0.21 (+1.88%) (As of 03:58 PM ET) Add Compare Share Share Today's Range$11.27▼$11.4750-Day Range$9.90▼$11.3652-Week Range$7.20▼$11.68Volume4.15 million shsAverage Volume5.88 million shsMarket Capitalization$24.90 billionP/E Ratio24.70Dividend Yield3.70%Price Target$7.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends ASE Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside31.0% Downside$7.84 Price TargetShort InterestHealthy0.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.11Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth35.48%From $0.62 to $0.84 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.3.83 out of 5 starsComputer And Technology Sector200th out of 602 stocksSemiconductors & Related Devices Industry30th out of 89 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.Amount of Analyst CoverageASE Technology has received no research coverage in the past 90 days.Read more about ASE Technology's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.38% 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 decreased by 19.39%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipASE Technology is a leading dividend payer. It pays a dividend yield of 3.81%, 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 91.31%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, ASE Technology will have a dividend payout ratio of 50.00% 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 2.8 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 0.11. 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 0.74 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for ASE Technology this week, compared to 2 articles on an average week.Search Interest13 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat Follows9 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 35.48% in the coming year, from $0.62 to $0.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASE Technology is 24.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.47.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 24.67, 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 233.67.Price to Earnings Growth RatioASE Technology has a PEG Ratio of 0.63. 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 2.42. 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 Resource Stock DigestDigitizing the $11T commodities sector with one tiny stockOne tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. It’s an opportunity that likely won’t stay at these levels for long 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 HeadlinesMay 27 at 10:42 PM | msn.comThe little-known ASX tech stock that could rise 25% in a yearMay 26 at 10:26 AM | 247wallst.com5 Dividend Paying Tech Stocks You Can Buy With $1000May 25 at 11:50 PM | 247wallst.comASE Technology Holding Co.LtdMay 9, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*May 6, 2024 | investorplace.comMaximize Your Dividends: 7 Stocks Trading Under $50 with 5%+ YieldsApril 30, 2024 | msn.comOn Semiconductor clings to gains after earnings; Baird sees 'L-shaped recovery'April 30, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. (NYSE:ASX) Q1 2024 Earnings Call TranscriptApril 29, 2024 | seekingalpha.comASE Technology Q1: Hold With Caution In MindApril 27, 2024 | seekingalpha.comASE Technology Holding Co., Ltd. (ASX) Q1 2024 Earnings Call TranscriptApril 26, 2024 | seekingalpha.comASE Technology Holding Co., Ltd. 2024 Q1 - Results - Earnings Call PresentationApril 25, 2024 | msn.comASE Technology Falls Short Of Revenue Goals, Delivers Mixed Q1 ResultsApril 25, 2024 | msn.comASE Technology GAAP EPADS of $0.082 misses by $0.02, revenue of NT$132.8BApril 25, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the First Quarter of 2024April 16, 2024 | stocknews.com3 Chip Stocks With Massive Potential for Investment OpportunityApril 13, 2024 | wsj.comASE Technology Holding Co. Ltd. ADRApril 9, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*April 8, 2024 | prnewswire.comASE TECHNOLOGY HOLDING CO., LTD. Files 2023 Annual Report On Form 20-FApril 1, 2024 | nasdaq.comASX Quantitative Stock AnalysisMarch 26, 2024 | stocknews.com3 Chip Stocks to Buy With Strong Market PerformanceMarch 20, 2024 | stockhouse.comASE's VIPack(TM) Enables Innovational AI Devices Through Advanced Interconnect Technology for ChipletsMarch 20, 2024 | businesswire.comASE’s VIPack™ Enables Innovational AI Devices Through Advanced Interconnect Technology for ChipletsMarch 16, 2024 | finance.yahoo.comASX Apr 2024 12.500 putMarch 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*See More Headlines Company Calendar Last Earnings4/25/2024Today5/28/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Semiconductors Sub-IndustryN/A Current SymbolNYSE:ASX CUSIPN/A CIK1122411 Webwww.aseglobal.com Phone(867) 361-7131Fax882-2-2757-6121Employees91,568Year 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-29.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio24.24 Forward P/E Ratio17.98 P/E Growth0.63Net Income$1.16 billion Net Margins5.41% Pretax Margin7.44% Return on Equity10.09% Return on Assets4.60% Debt Debt-to-Equity Ratio0.37 Current Ratio1.19 Quick Ratio0.92 Sales & Book Value Annual Sales$18.69 billion Price / Sales1.31 Cash Flow$1.33 per share Price / Cash Flow8.38 Book Value$4.69 per share Price / Book2.38Miscellaneous Outstanding Shares2,192,210,000Free Float1,690,196,000Market Cap$24.44 billion OptionableOptionable Beta1.26 Social Links 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 CompetitorsUnited MicroelectronicsNYSE:UMCGLOBALFOUNDRIESNASDAQ:GFSOnsemiNASDAQ:ONSkyworks SolutionsNASDAQ:SWKSAstera LabsNASDAQ:ALABView All CompetitorsInstitutional OwnershipCetera Advisors LLCBought 10,878 shares on 5/24/2024Ownership: 0.000%Atria Investments IncSold 3,220 shares on 5/21/2024Ownership: 0.005%Virtu Financial LLCSold 29,487 shares on 5/20/2024Ownership: 0.002%Lazard Asset Management LLCBought 584,333 shares on 5/15/2024Ownership: 0.972%Mount Yale Investment Advisors LLCBought 19,108 shares on 5/15/2024Ownership: 0.002%View All Institutional Transactions ASX Stock Analysis - Frequently Asked Questions Should I buy or sell ASE Technology stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ASE Technology in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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 12 month price targets 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 31.0%. 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 20.6% and is now trading at $11.35. View the best growth stocks for 2024 here. Are investors shorting ASE Technology? ASE Technology saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 8,230,000 shares, a drop of 19.4% from the April 30th total of 10,210,000 shares. Based on an average daily volume of 5,830,000 shares, the short-interest ratio is currently 1.4 days. Currently, 0.4% of the shares of the 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 25th 2024. View our ASX earnings forecast. How were ASE Technology's earnings last quarter? ASE Technology Holding Co., Ltd. (NYSE:ASX) announced its quarterly earnings data on Thursday, April, 25th. The semiconductor company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.02. The semiconductor company earned $4.24 billion during the quarter. ASE Technology had a net margin of 5.41% and a trailing twelve-month return on equity of 10.09%. During the same quarter in the previous year, the firm posted $0.09 earnings per share. How often does ASE Technology pay dividends? What is the dividend yield for ASE Technology? ASE Technology announced an annual dividend on Wednesday, May 31st. Stockholders of record on Monday, July 3rd will be paid a dividend of $0.4672 per share on Thursday, August 3rd. This represents a dividend 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 3.81%. 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 91.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ASX will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend. 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), iShares Semiconductor ETF (SOXX), Avantis Emerging Markets Value ETF (AVES), Direxion Daily Semiconductors Bull 3x Shares (SOXL), Avantis Emerging Markets ex-China Equity ETF (AVXC) and Avantis Emerging Markets Equity ETF (AVEM).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 number of retail and institutional investors. Top institutional investors include Lazard Asset Management LLC (0.97%), Acadian Asset Management LLC (0.45%), Earnest Partners LLC (0.12%), BNP Paribas Financial Markets (0.07%), LSV Asset Management (0.04%) and O Shaughnessy Asset Management LLC (0.02%). 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 5/28/2024 by MarketBeat.com Staff From Our PartnersThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & Company[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock DigestTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesWARNING about the death of the U.S. dollar…Colonial Metals Adding Choose a watchlist: Watchlist My Default Watchlist Adding ASE Technology Holding Co., Ltd. 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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