NYSE:ASX ASE Technology (ASX) Stock Price, News & Analysis → Healthcare Takes A Big Step Forward With The Help Of AI (From The Bull Report) (Ad) Free ASX Stock Alerts $10.35 -0.24 (-2.27%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$10.29▼$10.5350-Day Range$9.36▼$11.6652-Week Range$6.70▼$11.68Volume6.51 million shsAverage Volume6.12 million shsMarket Capitalization$22.60 billionP/E Ratio22.02Dividend Yield4.06%Price Target$7.84 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ASE Technology alerts: Email Address ASE Technology MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside24.3% Downside$7.84 Price TargetShort InterestHealthy0.52% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth28.36%From $0.67 to $0.86 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.3.34 out of 5 starsComputer And Technology Sector260th out of 587 stocksSemiconductors & Related Devices Industry37th out of 87 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. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.52% 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 14.46%, 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 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthASE Technology has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of ASE Technology is 89.36%. 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 48.84% 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 2.8 News and Social Media Coverage News SentimentASE Technology has a news sentiment score of 1.00. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for ASE Technology this week, compared to 2 articles on an average week.Search InterestOnly 12 people have searched for ASX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added ASE Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -77% 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. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for ASE Technology are expected to grow by 28.36% in the coming year, from $0.67 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASE Technology is 22.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.Price to Earnings Ratio vs. SectorThe P/E ratio of ASE Technology is 22.02, 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 244.96.Price to Earnings Growth RatioASE Technology has a PEG Ratio of 0.56. 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 2.20. 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 Ad Paradigm PressAI “wealth window” is closing soon!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.I put together this personal video [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 HeadlinesApril 18, 2024 | americanbankingnews.comASE Technology (ASX) Set to Post Quarterly Earnings on ThursdayApril 16, 2024 | stocknews.com3 Chip Stocks With Massive Potential for Investment OpportunityApril 18, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.April 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-FApril 1, 2024 | nasdaq.comASX Quantitative Stock AnalysisMarch 26, 2024 | stocknews.com3 Chip Stocks to Buy With Strong Market PerformanceApril 18, 2024 | DTI (Ad)This company has increased its dividend every year for 54 yearsThere are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.March 20, 2024 | stockhouse.comASE's VIPack(TM) Enables Innovational AI Devices Through Advanced Interconnect Technology for ChipletsMarch 20, 2024 | businesswire.comASE’s VIPack™ Enables Innovational AI Devices Through Advanced Interconnect Technology for ChipletsMarch 16, 2024 | finance.yahoo.comASX Apr 2024 12.500 putMarch 13, 2024 | finance.yahoo.comUSI Introduces Innovative 150KW Power Module for xEVs Traction InvertersMarch 11, 2024 | nasdaq.comASE Technology Feb. Net Revenues DeclineMarch 11, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*March 4, 2024 | edition.cnn.comASE Technology Holding Co., Ltd. Sponsored ADRFebruary 27, 2024 | stocknews.com3 Semiconductor Stocks You Need in Your March InvestmentsFebruary 16, 2024 | ca.finance.yahoo.comASX Jun 2024 17.500 callFebruary 15, 2024 | markets.businessinsider.comASE Technology January Net Revenues Rise From Last Year, Down SequentiallyFebruary 15, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*February 15, 2024 | prnewswire.comASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*February 15, 2024 | finance.yahoo.comASX Sep 2024 12.500 callFebruary 14, 2024 | finance.yahoo.comASX Feb 2024 12.500 callFebruary 4, 2024 | seekingalpha.comASE Technology Holding: May Be Due For A Bigger CorrectionFebruary 2, 2024 | finance.yahoo.comASE Technology Holding Co., Ltd. (NYSE:ASX) Q4 2023 Earnings Call TranscriptFebruary 1, 2024 | stocknews.com3 Chip Stocks That Investors LoveFebruary 1, 2024 | benzinga.comRecap: ASE Tech Holding Co Q4 EarningsSee 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 Earnings1/31/2024Today4/18/2024Next Earnings (Confirmed)4/25/2024Fiscal 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-24.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio22.02 Forward P/E Ratio15.45 P/E Growth0.56Net Income$1.16 billion Net Margins5.44% Pretax Margin7.32% Return on Equity10.29% Return on Assets4.61% Debt Debt-to-Equity Ratio0.32 Current Ratio1.16 Quick Ratio0.89 Sales & Book Value Annual Sales$18.69 billion Price / Sales1.21 Cash Flow$1.29 per share Price / Cash Flow8.05 Book Value$4.71 per share Price / Book2.20Miscellaneous Outstanding Shares2,183,620,000Free Float1,683,572,000Market Cap$22.60 billion OptionableOptionable Beta1.25 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Hung-Pen Chang (Age 77)Vice Chairman, GM & President Mr. Kwai Mun Lee (Age 61)President of Southeast Asia Operations Mr. Chen-Yen Wei (Age 69)Chairman, President of Universal Scientific Industrial & GM of UGTW Mr. Gilles Benhamou (Age 69)CEO of Asteelflash Technologie & Chairman Asteelflash Suzhou Co., Ltd. Mr. Rutherford Chang (Age 44)Director 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 More ExecutivesKey CompetitorsGLOBALFOUNDRIESNASDAQ:GFSUnited MicroelectronicsNYSE:UMCOnsemiNASDAQ:ONSkyworks SolutionsNASDAQ:SWKSMonolithic Power SystemsNASDAQ:MPWRView All CompetitorsInstitutional OwnershipClaro Advisors LLCBought 1,529 shares on 4/18/2024Ownership: 0.002%Diversified Trust CoBought 29,119 shares on 4/18/2024Ownership: 0.001%Allspring Global Investments Holdings LLCSold 5,314 shares on 4/18/2024Ownership: 0.001%Hennessy Advisors Inc.Sold 2,219 shares on 4/16/2024Ownership: 0.001%DGS Capital Management LLCBought 2,580 shares on 4/15/2024Ownership: 0.003%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. provides semiconductors packaging and testing services globally, tapping into a growing market with high demand for advanced technology. The company offers a diverse range of services including electronic manufacturing, real estate management, and information software, providing multiple revenue streams and business stability. ASE Technology Holding Co., Ltd. has a strong track record of innovation and technological advancements in the semiconductor industry, positioning itself as a leader in the field. Recent financial reports indicate a positive trend in revenue growth and profitability, reflecting a healthy financial performance that may attract investors. With a strategic presence in key regions like the United States, Taiwan, Asia, and Europe, ASE Technology Holding Co., Ltd. has a global footprint that offers geographic diversification and market exposure. 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 market disruption and potential challenges for ASE Technology Holding Co., Ltd. Global economic uncertainties and geopolitical tensions could impact the demand for semiconductor products and services, affecting the company's revenue and profitability. Fluctuations in raw material prices and supply chain disruptions may lead to increased production costs for ASE Technology Holding Co., Ltd., impacting its margins and financial performance. Investing in semiconductor companies like ASE Technology Holding Co., Ltd. involves inherent market risks, including volatility in stock prices and exposure to industry-specific factors. The current stock price of ASE Technology Holding Co., Ltd. should be carefully evaluated based on market conditions, financial indicators, and future growth prospects before making investment decisions. 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 Thursday, April 11, 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 equities research analysts have issued "buy," "hold," and "sell" ratings for ASE Technology in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research 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 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 expect the company's share price to reach $7.84 in the next year. This suggests that the stock has a possible downside of 24.3%. 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 10.0% and is now trading at $10.35. 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 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 volume of 6,050,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.5% of the shares of the company 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 25th 2024. View our ASX earnings forecast. How can I listen to ASE Technology's earnings call? ASE Technology will be holding an earnings conference call on Thursday, April 25th at 3:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were ASE Technology's earnings last quarter? ASE Technology Holding Co., Ltd. (NYSE:ASX) released its earnings results on Wednesday, January, 31st. The semiconductor company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The semiconductor company had revenue of $5.05 billion for 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 quarter in the previous year, the business earned $0.23 EPS. How often does ASE Technology pay dividends? What is the dividend yield for ASE Technology? ASE Technology announced an annual dividend on Wednesday, May 31st. Shareholders 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 3.95%. 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 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), Distillate International Fundamental Stability & Value ETF (DSTX), Avantis Emerging Markets Value ETF (AVES), Direxion Daily Semiconductors Bull 3x Shares (SOXL), iShares Semiconductor ETF (SOXX) 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 retail and institutional investors. Top institutional investors include DGS Capital Management LLC (0.00%), Banque Cantonale Vaudoise (0.00%), Park Avenue Securities LLC (0.00%), Claro Advisors LLC (0.00%), Aprio Wealth Management LLC (0.00%) and Diversified Trust Co (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 4/18/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop 5 AI Stocks to Buy for 2024Market Moving TrendsHow Biden has already won 2024Porter & CompanyTop 5 Tech Stocks to Buy for 2024Daily Market AlertsMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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