ASE Technology (ASX) Scheduled to Post Quarterly Earnings on Thursday

ASE Technology (NYSE:ASX) will be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect ASE Technology to post earnings of $0.10 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. The firm had revenue of $5.05 billion for the quarter. During the same period in the prior year, the business posted $0.23 EPS. On average, analysts expect ASE Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ASE Technology Price Performance

ASX stock opened at $10.58 on Thursday. ASE Technology has a one year low of $6.70 and a one year high of $11.68. The firm has a 50-day moving average of $10.51 and a two-hundred day moving average of $9.22. The firm has a market capitalization of $23.10 billion, a PE ratio of 22.51, a P/E/G ratio of 0.56 and a beta of 1.25. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32.

Institutional Trading of ASE Technology

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of ASE Technology by 40.0% during the first quarter. JPMorgan Chase & Co. now owns 812,168 shares of the semiconductor company’s stock valued at $5,759,000 after buying an additional 232,125 shares in the last quarter. Raymond James & Associates grew its stake in ASE Technology by 18.0% during the 1st quarter. Raymond James & Associates now owns 342,533 shares of the semiconductor company’s stock valued at $2,429,000 after acquiring an additional 52,183 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of ASE Technology by 15.3% in the 1st quarter. Bank of New York Mellon Corp now owns 134,904 shares of the semiconductor company’s stock valued at $957,000 after purchasing an additional 17,887 shares during the period. American Century Companies Inc. lifted its position in shares of ASE Technology by 9.6% in the first quarter. American Century Companies Inc. now owns 350,472 shares of the semiconductor company’s stock worth $2,485,000 after purchasing an additional 30,757 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of ASE Technology by 14.6% during the first quarter. Bank of Montreal Can now owns 14,713 shares of the semiconductor company’s stock worth $107,000 after purchasing an additional 1,869 shares during the period. 6.80% of the stock is owned by institutional investors and hedge funds.

About ASE Technology

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.