Amkor Technology, Inc. (NASDAQ:AMKR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) has received a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $68.1250.

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group upped their price target on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Morgan Stanley lifted their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. B. Riley Financial dropped their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th.

Get Our Latest Stock Analysis on Amkor Technology

Amkor Technology Price Performance

Shares of AMKR stock opened at $58.99 on Monday. Amkor Technology has a 1 year low of $22.74 and a 1 year high of $96.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The business’s fifty day moving average is $68.40 and its 200-day moving average is $61.01. The stock has a market cap of $14.66 billion, a PE ratio of 26.45 and a beta of 2.25.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company’s quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the business posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Amkor Technology will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is 14.80%.

Insider Activity at Amkor Technology

In other Amkor Technology news, CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total transaction of $54,450.00. Following the completion of the sale, the chief financial officer directly owned 135,105 shares of the company’s stock, valued at approximately $7,356,467.25. This represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin K. Engel sold 3,221 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the transaction, the chief executive officer owned 9,666 shares of the company’s stock, valued at approximately $454,302. The trade was a 24.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 46,221 shares of company stock worth $2,825,587. 26.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amkor Technology

Large investors have recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 440 shares in the last quarter. Root Financial Partners LLC grew its position in Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares in the last quarter. CoreCap Advisors LLC raised its stake in Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 158 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

About Amkor Technology

(Get Free Report)

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.

Recommended Stories

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.