Positive News Sentiment 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. $7.55 +0.35 (+4.86%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.21▼$7.6050-Day Range$6.16▼$7.6052-Week Range$4.45▼$7.81Volume9.97 million shsAverage Volume5.28 million shsMarket Capitalization$16.47 billionP/E Ratio6.19Dividend Yield4.74%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ASE Technology MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.25% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-13.19%From $0.91 to $0.79 Per ShareSee 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.2.27 out of 5 starsComputer And Technology Sector249th out of 630 stocksSemiconductors & Related Devices Industry36th out of 90 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ASE Technology. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.25% 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 0.7, 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 2.24%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipASE Technology is a leading dividend payer. It pays a dividend yield of 4.74%, 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 28.69%. 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 44.30% next year. This indicates that ASE Technology will be able to sustain or increase its 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 3.1 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 1.66. 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 0.50 average news sentiment score of Computer and Technology companies.Search Interest7 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% 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 Earnings GrowthEarnings for ASE Technology are expected to decrease by -13.19% in the coming year, from $0.91 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASE Technology is 6.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.25.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 6.19, 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 386.01.Price to Book Value per Share RatioASE Technology has a P/B Ratio of 1.71. 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 HeadlinesJanuary 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 NetworkFebruary 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 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 ResistanceFebruary 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! November 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 EarningsOctober 27, 2022 | finance.yahoo.comASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Third Quarter of 2022October 14, 2022 | benzinga.comWhy Apple Supplier TSMC's Shares Are Up Over 5% In Taiwan TodayOctober 4, 2022 | finanznachrichten.deAdvanced Semiconductor Engineering, Inc.: ASE announces Dr. William Chen is the 2022 recipient of IMAPS Daniel C. Hughes, Jr. Memorial AwardOctober 4, 2022 | finance.yahoo.comASE announces Dr. William Chen is the 2022 recipient of IMAPS Daniel C. Hughes, Jr. Memorial AwardSeptember 28, 2022 | finance.yahoo.comASE Unveils Plans for the World’s First 5G mmWave NR-DC SA Smart FactorySeptember 28, 2022 | finance.yahoo.comFacing talent shortage, Taiwanese chip test firm ASE boosts automationSeptember 24, 2022 | seekingalpha.comASX ASE Technology Holding Co., Ltd.September 20, 2022 | finance.yahoo.comASE Technology Hldg (ASX) Stock Moves -0.54%: What You Should KnowSeptember 13, 2022 | nasdaq.comASE Technology August Net Revenues Up 17.7%September 12, 2022 | seekingalpha.comASE Technology: A Cheap Chip Stock With Interim Data Early This WeekSeptember 9, 2022 | reuters.comASE Technology Holding Co LtdSeptember 7, 2022 | finance.yahoo.comASE Technology Hldg (ASX) Gains But Lags Market: What You Should KnowSeptember 6, 2022 | finance.yahoo.comASE Technology Hldg (ASX) Stock Moves -0.36%: What You Should KnowSee 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 Earnings10/28/2021Today2/01/2023Next Earnings (Estimated)2/09/2023Fiscal 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)$1.22 Trailing P/E Ratio6.19 Forward P/E Ratio8.30 P/E GrowthN/ANet Income$2.17 billion Net Margins11.67% Pretax Margin14.93% Return on Equity27.84% Return on Assets11.01% Debt Debt-to-Equity Ratio0.42 Current Ratio1.22 Quick Ratio0.85 Sales & Book Value Annual Sales$20.41 billion Price / Sales0.81 Cash Flow$1.99 per share Price / Cash Flow3.80 Book Value$4.41 per share Price / Book1.71Miscellaneous Outstanding Shares2,182,110,000Free Float1,682,406,000Market Cap$16.47 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:SWKSUnited MicroelectronicsNYSE:UMCMonolithic Power SystemsNASDAQ:MPWRQorvoNASDAQ:QRVOLattice SemiconductorNASDAQ:LSCCView All CompetitorsInsiders & InstitutionsHenry James International Management Inc.Sold 23,626 shares on 2/1/2023Ownership: 0.004%Janney Montgomery Scott LLCSold 3,413 shares on 2/1/2023Ownership: 0.002%Kestra Private Wealth Services LLCSold 2,533 shares on 2/1/2023Ownership: 0.001%Bank of Montreal CanSold 103,652 shares on 2/1/2023Ownership: 0.001%CWM LLCBought 6,386 shares on 2/1/2023Ownership: 0.001%View All Institutional Transactions ASX Stock - Frequently Asked Questions How have ASX shares performed in 2023? ASE Technology's stock was trading at $6.27 at the beginning of 2023. Since then, ASX shares have increased by 20.4% and is now trading at $7.55. View the best growth stocks for 2023 here. Are investors shorting ASE Technology? ASE Technology saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 5,350,000 shares, a decline of 26.8% from the December 15th total of 7,310,000 shares. Based on an average daily trading volume, of 8,270,000 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company's shares 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, February 9th 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 data on Thursday, October, 28th. The semiconductor company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. The semiconductor company earned $5.41 billion during the quarter. ASE Technology had a trailing twelve-month return on equity of 27.84% and a net margin of 11.67%. 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. Stockholders of record on Thursday, June 30th will be paid a dividend of $0.4794 per share on Thursday, August 4th. This represents a dividend 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 4.74%. 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 28.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASX will have a dividend payout ratio of 44.30% 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 fourth quarter 2022 earnings guidance on Tuesday, January, 10th. The company provided EPS 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 many different institutional and retail investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.13%), Natixis Advisors L.P. (0.08%), Crossmark Global Holdings Inc. (0.08%), Segantii Capital Management Ltd (0.03%), Veriti Management LLC (0.01%) and Balentine LLC (0.00%). 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 $7.55. How much money does ASE Technology make? ASE Technology (NYSE:ASX) has a market capitalization of $16.47 billion and generates $20.41 billion in revenue each year. The semiconductor company earns $2.17 billion in net income (profit) each year or $1.22 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 2/2/2023 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. 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