ASE Technology Holding Co.Ltd ADR [NYSE: ASX] stock went on a downward path that fall over -2.46% on Monday, amounting to a one-week price increase of more than 0.49%.
Over the last 12 months, ASX stock rose by 2.58%. The one-year ASE Technology Holding Co.Ltd ADR stock forecast points to a potential downside of -135370641.48.
The market cap for the stock reached $22.45 billion, with 2.17 billion shares outstanding and 2.17 billion shares in the current float. Compared to the average trading volume of 13.51M shares, ASX stock reached a trading volume of 15665572 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on ASE Technology Holding Co.Ltd ADR [ASX]:
UBS have made an estimate for ASE Technology Holding Co.Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 15, 2024. The new note on the price target was released on September 16, 2024, representing the official price target for ASE Technology Holding Co.Ltd ADR stock. On July 28, 2023, analysts increased their price target for ASX shares from 6.60 to 9.20.
The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 1.28.
ASX Stock Performance Analysis:
ASE Technology Holding Co.Ltd ADR [ASX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.49. With this latest performance, ASX shares gained by 8.51% in over the last four-week period, additionally sinking by -2.09% over the last 6 months – not to mention a rise of 2.58% in the past year of trading.
Insight into ASE Technology Holding Co.Ltd ADR Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and ASE Technology Holding Co.Ltd ADR [ASX] shares currently have an operating margin of 6.91% and a Gross Margin at 15.63%. ASE Technology Holding Co.Ltd ADR’s Net Margin is presently recorded at 5.63%.
Return on Equity for this stock inclined to 4.75%, with Return on Assets sitting at 4.75%.
ASX Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ASE Technology Holding Co.Ltd ADR go to 31.29%.
ASE Technology Holding Co.Ltd ADR [ASX] Institutonal Ownership Details
There are presently around $8.36%, or 8.36% of ASX stock, in the hands of institutional investors. The top three institutional holders of ASX stocks are: LAZARD ASSET MANAGEMENT LLC with ownership of 21.12 million shares, which is approximately 0.4893%. BLACKROCK INC., holding 14.47 million shares of the stock with an approximate value of $$165.3 million in ASX stocks shares; and BLACKROCK INC., currently with $$156.3 million in ASX stock with ownership which is approximately 0.317%.
