Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) – B. Riley issued their FY2026 earnings estimates for Amkor Technology in a report released on Wednesday, July 24th. B. Riley analyst C. Ellis anticipates that the semiconductor company will post earnings per share of $2.80 for the year. B. Riley currently has a “Buy” rating and a $50.00 price objective on the stock. The consensus estimate for Amkor Technology’s current full-year earnings is $1.76 per share.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings data on Monday, April 29th. The semiconductor company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.13. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.36 billion. Amkor Technology had a net margin of 5.84% and a return on equity of 9.53%. The business’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.18 earnings per share.
Other analysts have also issued research reports about the stock. Morgan Stanley raised their price target on shares of Amkor Technology from $34.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 2nd. Needham & Company LLC restated a “buy” rating and set a $40.00 price target on shares of Amkor Technology in a research report on Tuesday, April 30th. JPMorgan Chase & Co. began coverage on shares of Amkor Technology in a research report on Monday, July 1st. They set an “overweight” rating and a $48.00 price target on the stock. DA Davidson raised their price target on shares of Amkor Technology from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Finally, The Goldman Sachs Group raised their price target on shares of Amkor Technology from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Amkor Technology currently has an average rating of “Moderate Buy” and a consensus price target of $40.43.
Read Our Latest Stock Report on AMKR
Amkor Technology Stock Down 0.1 %
NASDAQ:AMKR opened at $38.15 on Friday. The firm has a market capitalization of $9.38 billion, a P/E ratio of 25.10 and a beta of 1.86. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.34 and a quick ratio of 2.08. The company’s fifty day moving average price is $37.48 and its 200-day moving average price is $33.69. Amkor Technology has a 1-year low of $17.58 and a 1-year high of $44.86.
Hedge Funds Weigh In On Amkor Technology
Several hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC lifted its stake in shares of Amkor Technology by 1.3% in the second quarter. SG Americas Securities LLC now owns 23,694 shares of the semiconductor company’s stock worth $948,000 after buying an additional 296 shares in the last quarter. CWM LLC raised its stake in Amkor Technology by 15.1% during the second quarter. CWM LLC now owns 2,359 shares of the semiconductor company’s stock worth $94,000 after purchasing an additional 309 shares during the period. SummerHaven Investment Management LLC raised its stake in Amkor Technology by 1.4% during the fourth quarter. SummerHaven Investment Management LLC now owns 24,548 shares of the semiconductor company’s stock worth $817,000 after purchasing an additional 327 shares during the period. Retirement Systems of Alabama raised its stake in Amkor Technology by 0.3% during the first quarter. Retirement Systems of Alabama now owns 129,621 shares of the semiconductor company’s stock worth $4,179,000 after purchasing an additional 344 shares during the period. Finally, Fifth Third Bancorp raised its stake in Amkor Technology by 65.8% during the fourth quarter. Fifth Third Bancorp now owns 874 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 347 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $31.30, for a total value of $156,500.00. Following the sale, the executive vice president now owns 25,280 shares in the company, valued at $791,264. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $31.30, for a total value of $156,500.00. Following the transaction, the executive vice president now directly owns 25,280 shares of the company’s stock, valued at $791,264. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gil C. Tily sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $32.20, for a total transaction of $644,000.00. Following the completion of the transaction, the director now directly owns 129,218 shares in the company, valued at $4,160,819.60. The disclosure for this sale can be found here. Insiders have sold a total of 75,000 shares of company stock worth $2,708,250 over the last 90 days. 31.40% of the stock is currently owned by company insiders.
Amkor Technology Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Tuesday, June 4th were given a $0.079 dividend. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a $0.32 annualized dividend and a dividend yield of 0.83%. Amkor Technology’s dividend payout ratio (DPR) is 20.39%.
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.
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