AMKOR Technology Inc (NASDAQ: AMKR) Hogging The Spotlight Today

Currently, there are 246.63M common shares owned by the public and among those 98.88M shares have been available to trade.

The company’s stock has a 5-day price change of -10.99% and -20.99% over the past three months. AMKR shares are trading -15.94% year to date (YTD), with the 12-month market performance down to -27.33% lower. It has a 12-month low price of $23.33 and touched a high of $44.19 over the same period. AMKR has an average intraday trading volume of 1.26 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -13.03%, -15.78%, and -28.89% respectively.

Institutional ownership of AMKOR Technology Inc (NASDAQ: AMKR) shares accounts for 43.93% of the company’s 246.63M shares outstanding.

It has a market capitalization of $5.33B and a beta (3y monthly) value of 1.87. The stock’s trailing 12-month PE ratio is 15.12, while the earnings-per-share (ttm) stands at $1.43. The company has a PEG of 0.81 and a Quick Ratio of 1.90 with the debt-to-equity ratio at 0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.90% over the week and 3.50% over the month.

Analysts forecast that AMKOR Technology Inc (AMKR) will achieve an EPS of 0.09 for the current quarter, 0.16 for the next quarter and 2.01 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.05 while analysts give the company a high EPS estimate of 0.05. Comparatively, EPS for the current quarter was 0.24 a year ago. Earnings per share for the fiscal year are expected to increase by 2.80%, and 40.11% over the next financial year. EPS should shrink at an annualized rate of 18.73% over the next five years, compared to 23.22% over the past 5-year period.

Looking at the support for the AMKR, a number of firms have released research notes about the stock. Melius stated their Hold rating for the stock in a research note on January 06, 2025, with the firm’s price target at $34-$30. KeyBanc Capital Markets coverage for the AMKOR Technology Inc (AMKR) stock in a research note released on September 20, 2024 offered a Overweight rating with a price target of $38. JP Morgan was of a view on July 01, 2024 that the stock is Overweight, while Needham gave the stock Buy rating on April 09, 2024, issuing a price target of $40. Fox Advisors on their part issued Equal Weight rating on March 14, 2024.

Most Popular

Related Posts