In the latest trading session, 2.55 million ASE Technology Holding Co.Ltd ADR (NYSE:ASX) shares changed hands as the company’s beta touched 1.17. With the company’s most recent per share price at $9.72 changed hands at -$0.03 or -0.31% at last look, the market valuation stands at $21.10B. ASX’s current price is a discount, trading about -32.3% off its 52-week high of $12.86. The share price had its 52-week low at $8.10, which suggests the last value was 16.67% up since then. When we look at ASE Technology Holding Co.Ltd ADR’s average trading volume, we note the 10-day average is 9.48 million shares, with the 3-month average coming to 10.16 million.
Analysts gave the ASE Technology Holding Co.Ltd ADR (ASX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.85. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ASX as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. ASE Technology Holding Co.Ltd ADR’s EPS for the current quarter is expected to be 0.12.
ASE Technology Holding Co.Ltd ADR (NYSE:ASX) trade information
However, in the 30-day time frame, ASE Technology Holding Co.Ltd ADR (NYSE:ASX) is -11.88% down. Looking at the short shares, we see there were 14.46 million shares sold at short interest cover period of 1.44 days.
ASE Technology Holding Co.Ltd ADR (ASX) estimates and forecasts
Year-over-year growth is forecast to reach 11.79% up from the last financial year.
Consensus estimates given by 13 financial analysts project the company’s revenue in the current quarter to hit an average of 143.62B. 13 analysts are of the opinion that ASE Technology Holding Co.Ltd ADR’s revenue for the current quarter will be 153.83B. The company’s revenue for the corresponding quarters a year ago was 132.8B and 140.24B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.15%. The estimates for the next quarter sales put growth at 9.69%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 12.80%. The 2025 estimates are for ASE Technology Holding Co.Ltd ADR earnings to increase by 42.05%, but the outlook for the next 5-year period is at 31.14% per year.
ASX Dividends
ASE Technology Holding Co.Ltd ADR is expected to release its next quarterly earnings report on 2025-Feb-12. The 3.25% annual yield figure for the share gives it an annual dividend of 0.32. It is important to note, however, that the 3.25% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.7 per year.
ASE Technology Holding Co.Ltd ADR (NYSE:ASX)’s Major holders
The share float percentage for the stock currently stands at 8.04%. There are 8.04% institutions holding the ASE Technology Holding Co.Ltd ADR stock share, with LAZARD ASSET MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 0.4893% of the shares, roughly 21.12 million ASX shares worth $241.21 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 0.3356% or 14.47 million shares worth $165.3 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Semiconductor ETF and Direxion Shares ETF Tr-Direxion Daily Semiconductor Bull 3X Shares. With 10.31 shares estimated at $100.11 million under it, the former controlled 0.47% of total outstanding shares. On the other hand, Direxion Shares ETF Tr-Direxion Daily Semiconductor Bull 3X Shares held about 0.21% of the shares, roughly 4.73 shares worth around $45.95 million.
