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In the latest session, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $11.10 up 0.73% from its previous closing price of $11.02. In other words, the price has increased by $0.73 from its previous closing price. On the day, 8.87 million shares were traded. ASX stock price reached its highest trading level at $11.175 during the session, while it also had its lowest trading level at $10.93.
Ratios:
For a deeper understanding of ASE Technology Holding Co.Ltd ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.42.
On July 28, 2023, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $6.60 to $9.20.
HSBC Securities Downgraded its Buy to Hold on June 28, 2023, while the target price for the stock was maintained at $6.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASX now has a Market Capitalization of 23973781504 and an Enterprise Value of 168120877056. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.33, and their Forward P/E ratio for the next fiscal year is 14.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 0.288 whereas that against EBITDA is 1.759.
Stock Price History:
Over the past 52 weeks, ASX has reached a high of $12.86, while it has fallen to a 52-week low of $7.20. The 50-Day Moving Average of the stock is -0.94%, while the 200-Day Moving Average is calculated to be 13.34%.
Shares Statistics:
For the past three months, ASX has traded an average of 5.90M shares per day and 9077112 over the past ten days. A total of 2.16B shares are outstanding, with a floating share count of 2.16B. Insiders hold about 0.00% of the company’s shares, while institutions hold 7.77% stake in the company. Shares short for ASX as of 1719532800 were 7626318 with a Short Ratio of 1.29, compared to 1717113600 on 9972707.
Dividends & Splits
According to the company, the forward annual dividend rate for ASX is 0.32, from 5.202 in the trailing year. Against a Trailing Annual Dividend Yield of 0.47205082The stock’s 5-year Average Dividend Yield is 4.72.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 2.0 analysts currently analyzing and rating the stock of ASE Technology Holding Co.Ltd ADR (ASX).On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.11, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.19, with high estimates of $0.2 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.62 and $0.62 for the fiscal current year, implying an average EPS of $0.62. EPS for the following year is $0.83, with 2.0 analysts recommending between $0.84 and $0.83.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $5.52B. There is a high estimate of $5.66B for the next quarter, whereas the lowest estimate is $5.37B.
A total of 2 analysts have provided revenue estimates for ASX’s current fiscal year. The highest revenue estimate was $21.28B, while the lowest revenue estimate was $19.73B, resulting in an average revenue estimate of $20.51B. In the same quarter a year ago, actual revenue was $18.72BBased on 2 analysts’ estimates, the company’s revenue will be $23.24B in the next fiscal year. The high estimate is $24.17B and the low estimate is $22.31B.
