Amkor Technology (NASDAQ:AMKR) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Amkor Technology (NASDAQ:AMKR - Get Free Report) released its quarterly earnings results on Monday. The semiconductor company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.06, Zacks reports. Amkor Technology had a return on equity of 8.98% and a net margin of 5.68%. Amkor Technology updated its Q1 2025 guidance to 0.010-0.170 EPS.

Amkor Technology Stock Performance

Shares of AMKR stock traded up $0.35 on Thursday, hitting $22.19. 1,929,176 shares of the stock traded hands, compared to its average volume of 1,615,209. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.06 and a quick ratio of 1.84. The company has a market capitalization of $5.47 billion, a PE ratio of 14.99 and a beta of 1.81. Amkor Technology has a 1-year low of $21.46 and a 1-year high of $44.86. The company's fifty day moving average is $25.45 and its 200 day moving average is $28.11.

Analysts Set New Price Targets

A number of research firms have weighed in on AMKR. DA Davidson decreased their price target on Amkor Technology from $40.00 to $36.00 and set a "buy" rating for the company in a report on Tuesday, October 29th. The Goldman Sachs Group cut their target price on Amkor Technology from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 29th. JPMorgan Chase & Co. cut their target price on Amkor Technology from $42.00 to $30.00 and set an "overweight" rating on the stock in a research report on Tuesday. KeyCorp cut their target price on Amkor Technology from $38.00 to $34.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Finally, Melius Research lowered Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 6th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $31.50.

Amkor Technology Company Profile

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.