As of close of business last night, AMKOR Technology Inc.’s stock clocked out at $30.68, down -2.07% from its previous closing price of $31.33. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 517925 shares were traded.
Ratios:
To gain a deeper understanding of AMKR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.49. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.
On February 29, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $32.
On November 16, 2023, UBS started tracking the stock assigning a Buy rating and target price of $31.UBS initiated its Buy rating on November 16, 2023, with a $31 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Rutten Guillaume Marie Jean sold 25,000 shares for $31.23 per share. The transaction valued at 780,750 led to the insider holds 124,476 shares of the business.
Faust Megan sold 2,800 shares of AMKR for $87,052 on Mar 15 ’24. The CFO now owns 53,023 shares after completing the transaction at $31.09 per share. On Mar 07 ’24, another insider, CHURCHILL WINSTON J, who serves as the Director of the company, sold 11,903 shares for $36.20 each. As a result, the insider received 430,889 and left with 11,300 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMKR now has a Market Capitalization of 7.54B and an Enterprise Value of 7.30B. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.07, and their Forward P/E ratio for the next fiscal year is 13.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 1.12 whereas that against EBITDA is 6.44.
Stock Price History:
Over the past 52 weeks, AMKR has reached a high of $37.00, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is 31.87, while the 200-Day Moving Average is calculated to be 28.11.
Shares Statistics:
It appears that AMKR traded 911.39K shares on average per day over the past three months and 717.82k shares per day over the past ten days. A total of 245.89M shares are outstanding, with a floating share count of 114.66M. Insiders hold about 53.37% of the company’s shares, while institutions hold 43.36% stake in the company. Shares short for AMKR as of Mar 15, 2024 were 3.37M with a Short Ratio of 3.70, compared to 3.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.37% and a Short% of Float of 5.11%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.30, AMKR has a forward annual dividend rate of 0.31. Against a Trailing Annual Dividend Yield of 0.97%, it implies a Forward Annual Dividend Yield of 1.02%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.08, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.16, with high estimates of $0.24 and low estimates of $0.09.
Analysts are recommending an EPS of between $1.73 and $1.45 for the fiscal current year, implying an average EPS of $1.63. EPS for the following year is $2.31, with 7 analysts recommending between $2.51 and $2.11.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $1.36B. It ranges from a high estimate of $1.38B to a low estimate of $1.35B. As of the current estimate, AMKOR Technology Inc.’s year-ago sales were $1.47B, an estimated decrease of -7.70% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.39B, a decrease of -4.90% over than the figure of -$7.70% in the same quarter last year. There is a high estimate of $1.43B for the next quarter, whereas the lowest estimate is $1.35B.
A total of 7 analysts have provided revenue estimates for AMKR’s current fiscal year. The highest revenue estimate was $6.67B, while the lowest revenue estimate was $6.35B, resulting in an average revenue estimate of $6.48B. In the same quarter a year ago, actual revenue was $6.5B, down -0.40% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $7.13B in the next fiscal year. The high estimate is $7.39B and the low estimate is $6.77B. The average revenue growth estimate for next year is up 10.10% from the average revenue estimate for this year.
