ASE Industrial Stock Target Price and Analyst Consensus

ASX Stock  USD 11.00  0.02  0.18%   
The current analyst and expert consensus on ASE Industrial is Buy, with 1 strong sell and 1 strong buy opinions. The current projected ASE Industrial target price consensus is 7.77 with 3 analyst opinions. The most common way ASE Industrial Holding analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ASE Industrial executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on ASE Industrial. We encourage you to use your own analysis of ASE Industrial Holding to validate this buy or sell advice. ASE Industrial buy-or-sell recommendation module provides average expert sentiment on the projected ASE Industrial Holding target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on ASE Industrial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
7.07
Highest Forecast
8.62
Target Price
7.77
At this time, ASE Industrial's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.11 in 2024, whereas Gross Profit is likely to drop slightly above 48.1 B in 2024. At this time, ASE Industrial's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Current Assets is likely to rise to about 6.3 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 109 B in 2024.
  
It's important to approach ASE Industrial's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

ASE Industrial Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ASE target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ASE Industrial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Buy
Most ASE analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ASE stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ASE Industrial Holding, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

ASE Industrial Target Price Projection

ASE Industrial's current and average target prices are 11.00 and 7.77, respectively. The current price of ASE Industrial is the price at which ASE Industrial Holding is currently trading. On the other hand, ASE Industrial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

ASE Industrial Market Quote on 28th of March 2024

Low Price10.79Odds
High Price11.02Odds

11.0

Target Price

Analyst Consensus On ASE Industrial Target Price

Low Estimate7.07Odds
High Estimate8.62Odds

7.77

Historical Lowest Forecast  7.07 Target Price  7.77 Highest Forecast  8.62
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on ASE Industrial Holding and the information provided on this page.

ASE Industrial Analyst Ratings

ASE Industrial's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ASE Industrial stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ASE Industrial's financials, market performance, and future outlook by experienced professionals. ASE Industrial's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize ASE Industrial price targets

ASE Industrial's stock target price is an estimate of its future price, usually made by analysts. Using ASE Industrial's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at ASE Industrial's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ASE Industrial's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional ASE Industrial Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ASE Industrial is a key component of ASE Industrial valuation and have some predictive power on the future returns of a ASE Industrial.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASE Industrial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.6711.0413.41
Details
Intrinsic
Valuation
LowRealHigh
6.809.1711.54
Details
Naive
Forecast
LowNextHigh
7.9710.3412.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.140.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASE Industrial. Your research has to be compared to or analyzed against ASE Industrial's peers to derive any actionable benefits. When done correctly, ASE Industrial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ASE Industrial Holding.

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When determining whether ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:
Check out Macroaxis Advice on ASE Industrial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.
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The data published in ASE Industrial's official financial statements usually reflect ASE Industrial's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ASE Industrial Holding. For example, before you start analyzing numbers published by ASE accountants, it's critical to develop an understanding of what ASE Industrial's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of ASE Industrial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ASE Industrial's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ASE Industrial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ASE Industrial Holding. Please utilize our Beneish M Score to check the likelihood of ASE Industrial's management manipulating its earnings.