NYSE:ASX ASE Technology (ASX) Stock Price, News & Analysis → The Military's $700M 'AI Software Bullet' (From Behind the Markets) (Ad) Free ASX Stock Alerts $11.78 +0.25 (+2.17%) (As of 09:58 AM ET) Add Compare Share Share Today's Range$11.64▼$11.8050-Day Range$9.90▼$11.5352-Week Range$7.20▼$11.80Volume329,291 shsAverage Volume5.78 million shsMarket Capitalization$25.82 billionP/E Ratio25.61Dividend Yield3.57%Price Target$7.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get ASE Technology alerts: Email Address ASE Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside32.0% Downside$7.84 Price TargetShort InterestHealthy0.46% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.54Based on 5 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.3.30 out of 5 starsComputer And Technology Sector259th out of 585 stocksSemiconductors & Related Devices Industry38th out of 86 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 3.0 Short Interest Percentage of Shares Shorted0.46% 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 1.8, 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 21.14%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipASE Technology is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthASE Technology does not have a long track record of dividend growth.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 3.1 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 0.54. 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 0.82 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for ASE Technology this week, compared to 2 articles on an average week.Search Interest22 people have searched for ASX on MarketBeat in the last 30 days. This is an increase of 214% compared to the previous 30 days.MarketBeat Follows12 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 25.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.63.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 25.07, 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 213.21.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 2.46. 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 Prosper Trading Academywhy 99.94% won’t make you moneyI believe there's only 5-7 stocks that you should trade in 2024. But here's the catch…because there's always a catch in life. You NEED to use a specific system when you trade them.Click here to download my options trading cheat sheet (5-7 stocks inside here) 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 HeadlinesJune 13, 2024 | businesswire.comASE Holdings Hosts Annual Supplier Day to Recognize Outstanding Suppliers of 2023June 13, 2024 | americanbankingnews.comASE Technology (NYSE:ASX) Upgraded at StockNews.comJune 18, 2024 | Weiss Ratings (Ad)Reclusive millionaire’s final warning about AmericaThis crisis that's likly to begin in this country — before the election — could be bigger and more destructive than any crisis I've ever seen. That's why, no matter what you do, make sure you watch my short video and learn the three steps you need to take right now.June 11, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*June 6, 2024 | stocknews.com3 Chip Stocks to Watch for June SurgeMay 30, 2024 | investorplace.comIf You Can Only Buy One Semiconductor Stock in May, It Better Be One of These 3 NamesMay 29, 2024 | finance.yahoo.comASE Introduces powerSiP™ for Transformative Power Delivery That Increases Power Efficiencies by 50% in AI and Data Center ApplicationsMay 29, 2024 | businesswire.comASE Introduces powerSiP™ for Transformative Power Delivery That Increases Power Efficiencies by 50% in AI and Data Center ApplicationsJune 18, 2024 | Weiss Ratings (Ad)Reclusive millionaire’s final warning about AmericaThis crisis that's likly to begin in this country — before the election — could be bigger and more destructive than any crisis I've ever seen. That's why, no matter what you do, make sure you watch my short video and learn the three steps you need to take right now.May 29, 2024 | msn.comThese 12 ASX stocks are leading Australia’s AI revolutionMay 27, 2024 | msn.comThe little-known ASX tech stock that could rise 25% in a yearMay 26, 2024 | 247wallst.com5 Dividend Paying Tech Stocks You Can Buy With $1000May 25, 2024 | 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-FSee More Headlines 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 Company Calendar Last Earnings4/25/2024Today6/18/2024Ex-Dividend for 8/2 Dividend7/02/2024Next Earnings (Estimated)7/25/2024Dividend Payable8/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:ASX CUSIPN/A CIK1122411 Webwww.aseglobal.com Phone(867) 361-7131Fax882-2-2757-6121Employees92,894Year 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-32.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.46 Trailing P/E Ratio25.07 Forward P/E Ratio18.60 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 / Sales1.35 Cash Flow$1.36 per share Price / Cash Flow8.49 Book Value$4.69 per share Price / Book2.46Miscellaneous Outstanding Shares2,192,210,000Free Float1,690,196,000Market Cap$25.28 billion OptionableOptionable Beta1.20 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report 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 CompetitorsNXP SemiconductorsNASDAQ:NXPIMarvell TechnologyNASDAQ:MRVLMicrochip TechnologyNASDAQ:MCHPSTMicroelectronicsNYSE:STMMonolithic Power SystemsNASDAQ:MPWRView All CompetitorsInstitutional OwnershipEverSource Wealth Advisors LLCBought 3,629 shares on 6/11/2024Ownership: 0.001%Cetera 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%Mount Yale Investment Advisors LLCBought 19,108 shares on 5/15/2024Ownership: 0.002%View All Institutional Transactions Should I Buy ASE Technology Stock? ASX Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in ASE Technology Holding Co., Ltd.: ASE Technology Holding Co., Ltd. has shown consistent revenue growth over the past year, indicating a strong financial performance. The company's stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation. ASE Technology Holding Co., Ltd. has a solid track record of dividend payments, providing investors with a source of passive income. The company has been investing significantly in research and development, positioning itself for future technological advancements and market leadership. ASE Technology Holding Co., Ltd. has a strong market position in the semiconductor industry, which is poised for continued growth due to increasing demand for tech products. Cons Investors should be bearish about investing in ASE Technology Holding Co., Ltd. for these reasons: The semiconductor industry is highly competitive and subject to rapid technological changes, posing risks of obsolescence for companies like ASE Technology Holding Co., Ltd. Economic uncertainties and global trade tensions could impact the company's revenue and profitability, leading to potential stock price volatility. ASE Technology Holding Co., Ltd. faces supply chain challenges, which could affect its production capabilities and result in delays or increased costs. Fluctuations in foreign exchange rates may impact the company's financial performance, especially if a significant portion of its revenue is generated internationally. Regulatory changes in the semiconductor industry or geopolitical factors could disrupt ASE Technology Holding Co., Ltd.'s operations and market presence. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these ASE Technology pros and cons to contact@marketbeat.com. 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 1 year price objectives for ASE Technology's shares. Their ASX share price targets range from $6.47 to $9.20. On average, they predict the company's share price to reach $7.84 in the next year. This suggests that the stock has a possible downside of 32.0%. 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 on January 1st, 2024. Since then, ASX shares have increased by 22.5% and is now trading at $11.53. View the best growth stocks for 2024 here. Are investors shorting ASE Technology? ASE Technology saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 9,970,000 shares, an increase of 21.1% from the May 15th total of 8,230,000 shares. Based on an average daily trading volume, of 5,630,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.5% 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, 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 EPS for the quarter, missing the consensus estimate of $0.10 by $0.02. The semiconductor company had revenue of $4.24 billion for 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 period last year, the company earned $0.09 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 Tuesday, June 4th. Investors of record on Tuesday, July 2nd will be given a dividend of $0.3209 per share on Friday, August 2nd. This represents a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 2nd. 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 3.76%. 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 variety of institutional and retail 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 6/18/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ...Behind the Markets | SponsoredBeta testers blew this thing upThis AI trading tool is probably unlike anything you've ever seen before… It scans the entire market and fi...Prosper Trading Academy | SponsoredThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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