NYSE:ASX ASE Technology - ASX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ASE Technology Holding Co., Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $7.70 +0.17 (+2.26%) (As of 03/22/2023 03:24 PM ET) Add Compare Share Share Today's Range$7.58▼$7.8350-Day Range$6.94▼$7.6752-Week Range$4.45▼$7.83Volume3.58 million shsAverage Volume6.00 million shsMarket Capitalization$16.81 billionP/E Ratio8.11Dividend Yield4.55%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ASE Technology MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.27% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.04 out of 5 starsComputer And Technology Sector178th out of 601 stocksSemiconductors & Related Devices Industry26th out of 85 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ASE Technology. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.27% 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, 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 15.72%, 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 4.68%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthASE Technology has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of ASE Technology is 36.84%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASX. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for ASE Technology this week, compared to 1 article on an average week.Search Interest16 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 7.03% 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 8.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.27.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 8.13, 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 327.64.Price to Book Value per Share RatioASE Technology has a P/B Ratio of 1.57. 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 About ASE Technology (NYSE:ASX) StockASE 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.Read More 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 ASX Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comASE Technology (NYSE:ASX) Receives New Coverage from Analysts at StockNews.comMarch 14, 2023 | finance.yahoo.comASE Drives Latency and Bandwidth Innovation with VIPack™ Fanout Package-on-PackageMarch 22, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 10, 2023 | msn.comASE Technology Hldg (ASX) Stock Moves -1.37%: What You Should KnowMarch 9, 2023 | msn.comASE Technology Hldg (ASX) Is a Great Choice for 'Trend' Investors, Here's WhyFebruary 14, 2023 | msn.comASE Technology Hldg (ASX) Shows Fast-paced Momentum But Is Still a Bargain StockFebruary 13, 2023 | msn.comHere's Why Momentum in ASE Technology Hldg (ASX) Should Keep goingFebruary 10, 2023 | morningstar.comASE Technology Holding Co Ltd ADRMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. February 9, 2023 | msn.comASE Technology GAAP EPADS of $0.228 beats by $0.02, revenue of NT$177.42BFebruary 9, 2023 | finance.yahoo.comASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Fourth Quarter and the Full Year of 2022February 9, 2023 | markets.businessinsider.comASE Technology January Net Revenues DeclineFebruary 9, 2023 | msn.comASE Technology December revenue down 19.3% Y/YFebruary 9, 2023 | finance.yahoo.comREVISED: ASE Technology Holding Co., Ltd. Announces Monthly Net RevenuesFebruary 8, 2023 | msn.comEarnings Preview: ASE Technology Holding CoJanuary 25, 2023 | finance.yahoo.com7 Top-Rated Chip Stocks for Your January Must-Buy ListJanuary 14, 2023 | finance.yahoo.comASE’s Bumping Factory in Kaohsiung, Taiwan inducted into the World Economic Forum’s Global Lighthouse NetworkJanuary 10, 2023 | msn.comASE Technology December revenue down 19.2% Y/Y; FY revenues higher by 10.7%January 4, 2023 | benzinga.comASE Technology Holding Co Stock (NYSE:ASX), Quotes and News SummaryJanuary 4, 2023 | msn.comGolden Cross Appears Before ASE Technology Holding Co InvestorsDecember 9, 2022 | markets.businessinsider.comASE Technology Nov. Net Revenues Edge DownNovember 22, 2022 | seekingalpha.comASE Technology Holding Is Up Against ResistanceNovember 10, 2022 | finance.yahoo.comASE Technology Breaks Ground On New Chip Facility In MalaysiaNovember 10, 2022 | finance.yahoo.comASE Breaks Ground on New Chip Assembly and Testing Facility in Penang, MalaysiaNovember 3, 2022 | finance.yahoo.comASE announces FOCoS advancements under the VIPack™ PlatformOctober 29, 2022 | seekingalpha.comASE Technology Holding Co., Ltd. (ASX) Q3 2022 Earnings Call TranscriptOctober 27, 2022 | msn.comRecap: ASE Technology Holding Co Q3 EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 ASX Company Calendar Last Earnings10/28/2021Today3/22/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ASX CUSIPN/A CIK1122411 Webwww.aseglobal.com Phone(867) 361-7131Fax882-2-2757-6121Employees95,727Year Founded2016Profitability EPS (Most Recent Fiscal Year)$0.95 Trailing P/E Ratio8.11 Forward P/E Ratio9.39 P/E GrowthN/ANet Income$2.08 billion Net Margins9.26% Pretax Margin12.17% Return on Equity21.00% Return on Assets8.58% Debt Debt-to-Equity Ratio0.43 Current Ratio1.35 Quick Ratio0.93 Sales & Book Value Annual Sales$22.52 billion Price / Sales0.75 Cash Flow$1.86 per share Price / Cash Flow4.13 Book Value$4.91 per share Price / Book1.57Miscellaneous Outstanding Shares2,183,620,000Free Float1,683,572,000Market Cap$16.81 billion OptionableNot Optionable Beta1.19 Social Links Key ExecutivesHung Pen ChangVice Chairman & General ManagerTien Yu WuChief Operating Officer & DirectorHung Ssu TungChief Financial Officer & DirectorDu Tsuen UangChief Administration OfficerHung Ming KuoHead-Accounting & Deputy General ManagerKey CompetitorsSkyworks SolutionsNASDAQ:SWKSLattice SemiconductorNASDAQ:LSCCUnited MicroelectronicsNYSE:UMCMonolithic Power SystemsNASDAQ:MPWRQorvoNASDAQ:QRVOView All CompetitorsInstitutional OwnershipRockefeller Capital Management L.P.Sold 3,206 shares on 3/6/2023Ownership: 0.000%DGS Capital Management LLCBought 1,537 shares on 2/21/2023Ownership: 0.002%Truist Financial CorpSold 40,644 shares on 2/17/2023Ownership: 0.002%Cullen Capital Management LLCSold 718,356 shares on 2/16/2023Ownership: 0.209%AlphaQ Advisors LLCBought 17,585 shares on 2/16/2023Ownership: 0.001%View All Institutional Transactions ASX Stock - Frequently Asked Questions Should I buy or sell ASE Technology stock right now? 1 Wall Street 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 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 on January 1st, 2023. Since then, ASX shares have increased by 22.8% and is now trading at $7.70. View the best growth stocks for 2023 here. Are investors shorting ASE Technology? ASE Technology saw a decrease in short interest in February. As of February 28th, there was short interest totaling 5,790,000 shares, a decrease of 15.7% from the February 13th total of 6,870,000 shares. Based on an average trading volume of 5,950,000 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the company's 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 27th 2023. View our ASX earnings forecast. How were ASE Technology's earnings last quarter? ASE Technology Holding Co., Ltd. (NYSE:ASX) posted its quarterly earnings results on Thursday, October, 28th. The semiconductor company reported $0.23 EPS for the quarter, beating 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 9.26% and a trailing twelve-month return on equity of 21.00%. How often does ASE Technology pay dividends? What is the dividend yield for ASE Technology? ASE Technology announced an annual dividend on Tuesday, June 7th. Investors 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 is Wednesday, June 29th. This is a positive change from the stock's previous annual dividend of $0.30. 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 Alpha Dog ETF (RUFF), Amplify International Enhanced Dividend Income ETF (IDVO), Distillate International Fundamental Stability & Value ETF (DSTX), iShares Semiconductor ETF (SOXX), Direxion Daily Semiconductors Bull 3x Shares (SOXL), Avantis Responsible Emerging Markets Equity ETF (AVSE), Avantis Emerging Markets Value ETF (AVES) and Avantis Emerging Markets Equity ETF (AVEM). 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 4.68%. 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 36.84%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ASX. What guidance has ASE Technology issued on next quarter's earnings? ASE Technology issued an update on its fourth quarter 2022 earnings guidance on Tuesday, January, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.66 billion-$5.66 billion, compared to the consensus revenue estimate of $6.45 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 number of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.02%), Lazard Asset Management LLC (0.86%), Arrowstreet Capital Limited Partnership (0.66%), UBS Group AG (0.49%), Schroder Investment Management Group (0.37%) and Bank of America Corp DE (0.37%). 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 $7.70. How much money does ASE Technology make? ASE Technology (NYSE:ASX) has a market capitalization of $16.81 billion and generates $22.52 billion in revenue each year. The semiconductor company earns $2.08 billion in net income (profit) each year or $0.95 on an earnings per share basis. How many employees does ASE Technology have? The company employs 95,727 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 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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