Brokerages Anticipate Advanced Semiconductor Engineering, Inc. (NYSE:ASX) to Announce $0.08 EPS
Analysts expect that Advanced Semiconductor Engineering, Inc. (NYSE:ASX) will report earnings per share of $0.08 for the current quarter, according to Zacks. Zero analysts have made estimates for Advanced Semiconductor Engineering’s earnings. Advanced Semiconductor Engineering also posted earnings per share of $0.08 in the same quarter last year. The business is scheduled to announce its next earnings results before the market opens on Friday, July 28th.
On average, analysts expect that Advanced Semiconductor Engineering will report full-year earnings of $0.41 per share for the current year. For the next financial year, analysts expect that the firm will post earnings of $0.50 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Advanced Semiconductor Engineering.
Advanced Semiconductor Engineering (NYSE:ASX) last posted its quarterly earnings data on Friday, April 28th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.04. The company had revenue of $2.13 billion during the quarter. Advanced Semiconductor Engineering had a net margin of 7.42% and a return on equity of 12.51%.
A number of research firms have recently commented on ASX. Zacks Investment Research raised shares of Advanced Semiconductor Engineering from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. BidaskClub cut shares of Advanced Semiconductor Engineering from a “buy” rating to a “hold” rating in a report on Friday, June 16th.
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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Checchi Capital Advisers LLC boosted its position in Advanced Semiconductor Engineering by 60.8% in the first quarter. Checchi Capital Advisers LLC now owns 16,534 shares of the semiconductor company’s stock worth $107,000 after buying an additional 6,252 shares during the period. Two Sigma Securities LLC bought a new position in Advanced Semiconductor Engineering during the first quarter worth approximately $118,000. Paloma Partners Management Co bought a new position in Advanced Semiconductor Engineering during the first quarter worth approximately $153,000. Fox Run Management L.L.C. bought a new position in Advanced Semiconductor Engineering during the first quarter worth approximately $170,000. Finally, Ronald Blue & Co. LLC boosted its position in Advanced Semiconductor Engineering by 2.6% in the first quarter. Ronald Blue & Co. LLC now owns 27,458 shares of the semiconductor company’s stock worth $178,000 after buying an additional 702 shares during the period. 6.66% of the stock is owned by hedge funds and other institutional investors.
Advanced Semiconductor Engineering (ASX) traded down 0.229% during midday trading on Tuesday, reaching $6.535. 210,869 shares of the company’s stock traded hands. The company has a market cap of $10.47 billion, a P/E ratio of 17.662 and a beta of 0.52. The stock has a 50-day moving average of $6.31 and a 200 day moving average of $6.17. Advanced Semiconductor Engineering has a 52-week low of $4.89 and a 52-week high of $6.64.
The business also recently announced a dividend, which will be paid on Friday, August 11th. Stockholders of record on Friday, August 11th will be issued a $0.164 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. Advanced Semiconductor Engineering’s dividend payout ratio (DPR) is currently 48.65%.
Advanced Semiconductor Engineering Company Profile
Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.
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