Is Ase Technology Holding Co Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: ASX) stock is to Sell ASX stock.
Out of 1 analyst, 0 (0%) are recommending ASX as a Strong Buy, 0 (0%) are recommending ASX as a Buy, 0 (0%) are recommending ASX as a Hold, 1 (100%) are recommending ASX as a Sell, and 0 (0%) are recommending ASX as a Strong Sell.
What is ASX's forecast return on equity (ROE) for 2023-2023?
(NYSE: ASX) forecast ROE is 45.85%, which is considered strong.
What is ASX's Price Target?
According to 1 Wall Street analyst that have issued a 1 year ASX price target, the average ASX price target is $6.47, with the highest ASX stock price forecast at $6.47 and the lowest ASX stock price forecast at $6.47.
The Wall Street analyst predicted that Ase Technology Holding Co's share price could fall to $6.47 by Jun 28, 2024. The average Ase Technology Holding Co stock price prediction forecasts a potential downside of 14.08% from the current ASX share price of $7.53.
What is ASX's forecast return on assets (ROA) for 2023-2023?
(NYSE: ASX) forecast ROA is 18.99%, which is lower than the forecast US Semiconductors industry average of 39.42%.
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