The price of AMKOR Technology Inc. (NASDAQ: AMKR) closed at $31.03 in the last session, down -0.03% from day before closing price of $31.04. In other words, the price has decreased by -$0.01 from its previous closing price. On the day, 743913 shares were traded.
Ratios:
We take a closer look at AMKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.66. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 7.63B and an Enterprise Value of 7.39B. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.31, and their Forward P/E ratio for the next fiscal year is 13.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 1.14 whereas that against EBITDA is 6.52.
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 31.74, while the 200-Day Moving Average is calculated to be 27.80.
Shares Statistics:
According to the various share statistics, AMKR traded on average about 929.79K shares per day over the past 3-months and 1.18M shares per day over the past 10 days. A total of 245.89M shares are outstanding, with a floating share count of 114.65M. Insiders hold about 53.37% of the company’s shares, while institutions hold 43.34% stake in the company. Shares short for AMKR as of Feb 29, 2024 were 3.1M with a Short Ratio of 3.33, compared to 2.82M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.26% and a Short% of Float of 4.69%.
Dividends & Splits
The forward annual dividend rate for AMKR is 0.31, which was 0.30 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.98%, it implies a Forward Annual Dividend Yield of 1.02%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. 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
According to 6 analysts, the current quarter’s revenue is expected to be $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.
