Chipmos Technologies (NASDAQ:IMOS) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Chipmos Technologies (NASDAQ:IMOS) released its quarterly earnings data on Tuesday. The semiconductor company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.05), Briefing.com reports. Chipmos Technologies had a return on equity of 1.90% and a net margin of 1.88%.The company’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 earnings per share.

Chipmos Technologies Stock Performance

IMOS traded down $5.03 on Tuesday, hitting $52.14. The company’s stock had a trading volume of 115,521 shares, compared to its average volume of 59,224. The company’s 50 day simple moving average is $42.10 and its 200-day simple moving average is $35.03. The firm has a market cap of $1.84 billion, a P/E ratio of 121.26 and a beta of 1.16. Chipmos Technologies has a 12 month low of $15.06 and a 12 month high of $61.27. The company has a quick ratio of 2.08, a current ratio of 2.40 and a debt-to-equity ratio of 0.44.

Wall Street Analysts Forecast Growth

Several research firms recently commented on IMOS. Wall Street Zen downgraded shares of Chipmos Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Chipmos Technologies in a report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Chipmos Technologies has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. RBF Capital LLC bought a new position in Chipmos Technologies in the 4th quarter valued at $266,000. Vanguard Personalized Indexing Management LLC boosted its holdings in Chipmos Technologies by 3.1% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 73,380 shares of the semiconductor company’s stock valued at $2,175,000 after purchasing an additional 2,240 shares during the period. Smartleaf Asset Management LLC bought a new position in Chipmos Technologies in the 4th quarter valued at $54,000. Quadrant Capital Group LLC lifted its holdings in shares of Chipmos Technologies by 14.7% during the 4th quarter. Quadrant Capital Group LLC now owns 13,132 shares of the semiconductor company’s stock worth $389,000 after acquiring an additional 1,686 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Chipmos Technologies by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 91,919 shares of the semiconductor company’s stock worth $2,727,000 after acquiring an additional 356 shares during the last quarter. 7.39% of the stock is owned by institutional investors.

Chipmos Technologies Company Profile

ChipMOS Technologies Inc is a Taiwan?based provider of outsourced semiconductor assembly, testing and packaging services. The company offers a comprehensive range of back?end solutions including wafer probing, assembly, surface mount and final test services for memory chips, microcontrollers, system?on?chips and other integrated circuits. ChipMOS serves customers in the consumer electronics, communications, industrial and automotive markets by delivering reliable testing and packaging support to semiconductor fabless companies and foundries.

Founded in 1997 and headquartered in Hsinchu, Taiwan, ChipMOS operates multiple production facilities across Asia, including sites in Taoyuan (Taiwan), Guangdong Province (China) and Singapore.