Amkor Technology (AMKR) Expected to Announce Earnings on Monday

Amkor Technology (NASDAQ:AMKR - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $1.28 billion for the quarter. Amkor Technology has set its Q1 2025 guidance at 0.010-0.170 EPS.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.06. Amkor Technology had a return on equity of 8.59% and a net margin of 5.60%. On average, analysts expect Amkor Technology to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amkor Technology Price Performance

NASDAQ AMKR traded up $0.17 during mid-day trading on Friday, hitting $17.56. The stock had a trading volume of 1,295,682 shares, compared to its average volume of 1,743,276. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $44.86. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 1.90. The firm's 50 day moving average is $18.76 and its 200 day moving average is $23.78. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 12.25 and a beta of 1.88.

Amkor Technology Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 13th were given a dividend of $0.0827 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.33 dividend on an annualized basis and a yield of 1.88%. Amkor Technology's payout ratio is presently 23.08%.

Insiders Place Their Bets

In other Amkor Technology news, major shareholder Agnes C. Kim sold 869,565 shares of Amkor Technology stock in a transaction on Monday, February 24th. The shares were sold at an average price of $21.85, for a total value of $18,999,995.25. Following the transaction, the insider now directly owns 10,020,870 shares in the company, valued at approximately $218,956,009.50. The trade was a 7.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kevin Engel sold 5,489 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $21.69, for a total transaction of $119,056.41. Following the sale, the executive vice president now owns 1,388 shares of the company's stock, valued at $30,105.72. This trade represents a 79.82 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 26.90% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Morgan Stanley lowered their target price on Amkor Technology from $26.00 to $24.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. JPMorgan Chase & Co. reduced their price target on Amkor Technology from $42.00 to $30.00 and set an "overweight" rating on the stock in a report on Tuesday, February 11th. Needham & Company LLC reissued a "buy" rating and issued a $34.00 price objective on shares of Amkor Technology in a report on Tuesday, February 11th. Melius Research downgraded shares of Amkor Technology from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 6th. Finally, Melius lowered shares of Amkor Technology from a "buy" rating to a "hold" rating and reduced their price target for the company from $34.00 to $30.00 in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $31.50.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.