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Amkor Technology (AMKR) Stock Price, News & Analysis

Amkor Technology logo
$25.36 -0.01 (-0.04%)
(As of 11/20/2024 ET)

About Amkor Technology Stock (NASDAQ:AMKR)

Key Stats

Today's Range
$25.02
$25.41
50-Day Range
$25.19
$31.91
52-Week Range
$24.10
$44.86
Volume
852,907 shs
Average Volume
1.33 million shs
Market Capitalization
$6.25 billion
P/E Ratio
17.14
Dividend Yield
1.30%
Price Target
$36.29
Consensus Rating
Moderate Buy

Company Overview

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. The company also provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate. In addition, it offers micro-electro-mechanical systems packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. Further, the company provides wafer, package, and system level test services, as well as burn-in test and test development services. It serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. The company was founded in 1968 and is headquartered in Tempe, Arizona.

Amkor Technology Stock Analysis - MarketRank™

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100th Percentile Overall Score

AMKR MarketRank™: 

Amkor Technology scored higher than 100% of companies evaluated by MarketBeat, and ranked 10th out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Amkor Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Amkor Technology has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Amkor Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Amkor Technology are expected to grow by 30.28% in the coming year, from $1.42 to $1.85 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Amkor Technology is 17.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Amkor Technology is 17.14, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 220.90.

  • Price to Book Value per Share Ratio

    Amkor Technology has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Amkor Technology's valuation and earnings.
  • Percentage of Shares Shorted

    5.25% of the float of Amkor Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Amkor Technology has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Amkor Technology has recently increased by 29.72%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Amkor Technology pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Amkor Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Amkor Technology is 22.30%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Amkor Technology will have a dividend payout ratio of 17.84% next year. This indicates that Amkor Technology will be able to sustain or increase its dividend.

  • Read more about Amkor Technology's dividend.
  • Percentage of Shares Shorted

    5.25% of the float of Amkor Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    Amkor Technology has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Amkor Technology has recently increased by 29.72%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Amkor Technology has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Amkor Technology this week, compared to 6 articles on an average week.
  • Search Interest

    14 people have searched for AMKR on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Amkor Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Amkor Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $974,500.00 in company stock.

  • Percentage Held by Insiders

    31.40% of the stock of Amkor Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    42.76% of the stock of Amkor Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Amkor Technology's insider trading history.
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AMKR Stock News Headlines

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D.A. Davidson Reaffirms Their Buy Rating on Amkor (AMKR)
Amkor Technology price target lowered to $42 from $48 at JPMorgan
See More Headlines

AMKR Stock Analysis - Frequently Asked Questions

Amkor Technology's stock was trading at $33.27 at the beginning of the year. Since then, AMKR stock has decreased by 23.8% and is now trading at $25.36.
View the best growth stocks for 2024 here
.

Amkor Technology, Inc. (NASDAQ:AMKR) announced its quarterly earnings results on Monday, October, 28th. The semiconductor company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.01. Amkor Technology's quarterly revenue was up 2.2% on a year-over-year basis.

Amkor Technology subsidiaries include these companies: Nanium S.A., J-Devices Corp., Unitive Inc., Unitive Semiconductor Taiwan, Amkor Iwate Co. Ltd., Amkor Advanced Technology Taiwan Inc. , Amkor Assembly & Test (Shanghai) Co. Ltd. , and others.

Amkor Technology's top institutional shareholders include Pacer Advisors Inc. (1.54%), State Street Corp (1.36%), Geode Capital Management LLC (0.85%) and Charles Schwab Investment Management Inc. (0.76%). Insiders that own company stock include James J Kim, Susan Y Kim, Guillaume Marie Jean Rutten, Gil C Tily, Megan Faust, Roger Anthony Carolin, Mark N Rogers, Winston J Churchill, Sung Shin, Kevin Engel and Farshad Haghighi.
View institutional ownership trends
.

Shares of AMKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Amkor Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), CrowdStrike (CRWD), Adobe (ADBE) and QUALCOMM (QCOM).

Company Calendar

Ex-Dividend for 9/23 Dividend
9/03/2024
Dividend Payable
9/23/2024
Last Earnings
10/28/2024
Today
11/20/2024
Ex-Dividend for 12/23 Dividend
12/04/2024
Dividend Payable
12/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/03/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AMKR
CUSIP
03165210
Employees
28,700
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$36.29
High Stock Price Target
$50.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+43.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$359.81 million
Pretax Margin
6.94%

Debt

Sales & Book Value

Annual Sales
$6.44 billion
Cash Flow
$4.08 per share
Book Value
$16.25 per share

Miscellaneous

Free Float
169,189,000
Market Cap
$6.25 billion
Optionable
Optionable
Beta
1.85

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This page (NASDAQ:AMKR) was last updated on 11/21/2024 by MarketBeat.com Staff
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