ASM Pacific Technology (ASMVF) is scheduled to report 4th quarter earnings on 02/27/2024.
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Regarding Q4 estimates, Wall Street analysts expect ASM Pacific Technology to post earnings of HK$0.39 per share. Revenue expectations are pegged at HK$3.32 billion. Last quarter, ASM Pacific Technology missed earnings estimates, reporting EPS of HK$0.04 on estimates of HK$0.67. The stock rose by 1.38% the day after the last earnings release.
Year-to-date, ASMVF stock has risen by 15.30%.
Is ASM Pacific Technology Stock a Buy?
Wall Street’s consensus rating for ASMVF stock is a Moderate Buy, with an average analyst price target of $13.10, implying upside potential of 19.09% from current levels.
ASMVF shares have gained about 8.70% in the past six months.
About ASM Pacific Technology
ASM Pacific Technology Ltd. is an investment holding company, which engages in the design, manufacture, and marketing of machines, tools and materials used in semiconductor industries. It operates through the following segments: Back-End Equipment, Surface Mount Technology Solutions, and Materials. The Back-End Equipment segment manufactures and markets semiconductor machines and tools. The Surface Mount Technology Solutions segment deals with the manufacture and sale of surface mount technology placement machines. The Material segment involves in production and sale of semiconductor materials. The company was founded in 1975 and is headquartered in Hong Kong.
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