ASE Technology Stock Forecast, Price & News

1 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 for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASE Technology stock. 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 analyst ratings for ASE Technology or view top-rated stocks.

Wall Street analysts have given ASE Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ASE Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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ASE Technology saw a increase in short interest in August. As of August 31st, there was short interest totaling 10,790,000 shares, an increase of 63.7% from the August 15th total of 6,590,000 shares. Based on an average daily volume of 3,280,000 shares, the days-to-cover ratio is currently 3.3 days.
View ASE Technology's Short Interest.

ASE Technology is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for ASE Technology.

ASE Technology Holding Co., Ltd. (NYSE:ASX) released its quarterly earnings results on Wednesday, July, 28th. The semiconductor company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The semiconductor company had revenue of $4.54 billion for the quarter. ASE Technology had a trailing twelve-month return on equity of 14.98% and a net margin of 6.89%.
View ASE Technology's earnings history.

ASE Technology's stock was trading at $4.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASX stock has increased by 95.2% and is now trading at $8.53.
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ASE Technology declared an annual dividend on Monday, August 16th. Stockholders of record on Tuesday, September 7th will be given a dividend of $0.3017 per share on Thursday, October 7th. This represents a yield of 2.5%. The ex-dividend date of this dividend is Friday, September 3rd. This is a positive change from ASE Technology's previous annual dividend of $0.14.
View ASE Technology's dividend history.

ASE Technology pays an annual dividend of $0.22 per share and currently has a dividend yield of 2.47%. The dividend payout ratio of ASE Technology is 51.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASE Technology will have a dividend payout ratio of 25.29% next year. This indicates that ASE Technology will be able to sustain or increase its dividend.
View ASE Technology's dividend history.

25 employees have rated ASE Technology CEO Jason C. S. Chang on Glassdoor.com. Jason C. S. Chang has an approval rating of 80% among ASE Technology's employees.

Some companies that are related to ASE Technology include Analog Devices (ADI), Infineon Technologies (IFNNY), NXP Semiconductors (NXPI), Marvell Technology (MRVL), Microchip Technology (MCHP), STMicroelectronics (STM), Xilinx (XLNX), United Microelectronics (UMC), Skyworks Solutions (SWKS), Kyocera (KYOCY), Monolithic Power Systems (MPWR), Enphase Energy (ENPH), ON Semiconductor (ON), Advantest (ATEYY) and Qorvo (QRVO).
View all of ASX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ASE Technology investors own include Nokia (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).

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

ASE Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.22%), Lazard Asset Management LLC (0.66%), Cullen Capital Management LLC (0.32%), BlackRock Inc. (0.28%), Clark Capital Management Group Inc. (0.20%) and Bank of America Corp DE (0.20%).
View institutional ownership trends for ASE Technology.

ASX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, Morgan Stanley, Bank of America Corp DE, Connor Clark & Lunn Investment Management Ltd., Mondrian Investment Partners LTD, Neuberger Berman Group LLC, and Northern Trust Corp.
View insider buying and selling activity for ASE Technology or view top insider-selling stocks.

ASX stock was purchased by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, BlackRock Inc., Clark Capital Management Group Inc., Bank of New York Mellon Corp, Citigroup Inc., Thomas White International Ltd., LSV Asset Management, and Invesco Ltd..
View insider buying and selling activity for ASE Technology or or view top insider-buying stocks.

Shares of ASX 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.
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One share of ASX stock can currently be purchased for approximately $8.53.

ASE Technology has a market capitalization of $18.68 billion and generates $16.19 billion in revenue each year. The semiconductor company earns $960.49 million in net income (profit) each year or $0.43 on an earnings per share basis.

ASE Technology employs 101,981 workers across the globe.

ASE Technology was founded in 2016.

The official website for ASE Technology is www.aseglobal.com.

ASE Technology is headquartered at 26 CHIN THIRD ROAD NANTZE EXPORT PROCESSING ZONE, KAOHSIUNG F5, 811.

ASE Technology's mailing address is 26 CHIN THIRD ROAD NANTZE EXPORT PROCESSING ZONE, KAOHSIUNG F5, 811. The semiconductor company can be reached via phone at (867) 361-7131 or via email at [email protected].