NYSE:ASX

ASE Technology (ASX) Stock Price, News & Analysis

$10.15
-0.22 (-2.12%)
(As of 04/25/2024 ET)
Today's Range
$9.90
$10.26
50-Day Range
$9.50
$11.66
52-Week Range
$6.70
$11.68
Volume
6.54 million shs
Average Volume
6.13 million shs
Market Capitalization
$22.25 billion
P/E Ratio
21.60
Dividend Yield
4.14%
Price Target
$7.84

ASE Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.8% Downside
$7.84 Price Target
Short Interest
Healthy
0.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of ASE Technology in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.36%
From $0.67 to $0.86 Per Share

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.

3.51 out of 5 stars

Computer And Technology Sector

212th out of 590 stocks

Semiconductors & Related Devices Industry

34th out of 88 stocks

ASX stock logo

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.

ASX Stock Price History

ASX Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
ASE Technology (ASX) Set to Post Quarterly Earnings on Thursday
ASE Technology Holding Co. Ltd. ADR
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
ASX Quantitative Stock Analysis
ASX Apr 2024 12.500 put
ASE Technology Feb. Net Revenues Decline
ASE Technology Holding Co., Ltd. Sponsored ADR
ASX Jun 2024 17.500 call
ASX Sep 2024 12.500 call
ASX Feb 2024 12.500 call
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
92,894
Year Founded
2016

Price Target and Rating

Average Stock Price Target
$7.84
High Stock Price Target
$9.20
Low Stock Price Target
$6.47
Potential Upside/Downside
-22.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$1.16 billion
Pretax Margin
7.32%

Debt

Sales & Book Value

Annual Sales
$18.69 billion
Cash Flow
$1.31 per share
Book Value
$4.69 per share

Miscellaneous

Outstanding Shares
2,192,210,000
Free Float
1,690,196,000
Market Cap
$22.25 billion
Optionable
Optionable
Beta
1.25

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Key Executives

  • Mr. 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 Kuo
    Senior VP, Accountant Manager & Group Controller
  • Mr. 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 Li
    Senior Vice President

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 twelve-month target prices for ASE Technology's shares. Their ASX share price targets range from $6.47 to $9.20. On average, they anticipate the company's stock price to reach $7.84 in the next year. This suggests that the stock has a possible downside of 22.8%.
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 on January 1st, 2024. Since then, ASX stock has increased by 7.9% and is now trading at $10.15.
View the best growth stocks for 2024 here
.

Are investors shorting ASE Technology?

ASE Technology saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 9,890,000 shares, an increase of 13.5% from the February 29th total of 8,710,000 shares. Based on an average daily trading volume, of 6,050,000 shares, the short-interest ratio is presently 1.6 days. Approximately 0.5% of the shares of the company are short sold.
View ASE Technology's Short Interest
.

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 the consensus estimate 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 10.29% and a net margin of 5.44%. During the same period in the previous year, the firm earned $0.23 earnings per share.

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. 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 of this dividend 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 4.11%. 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 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. Based on earnings estimates, ASX will have a dividend payout ratio of 48.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASX.

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 shareholders include Legacy Wealth Asset Management LLC (0.01%), First Trust Direct Indexing L.P. (0.01%), KLR Investment Advisors LLC (0.00%), DGS Capital Management LLC (0.00%), Banque Cantonale Vaudoise (0.00%) and Park Avenue Securities 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ASX) was last updated on 4/26/2024 by MarketBeat.com Staff

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