The closing price of AMKOR Technology Inc. (NASDAQ: AMKR) was $33.55 for the day, up 3.52% from the previous closing price of $32.41. In other words, the price has increased by $+1.14 from its previous closing price. On the day, 1057738 shares were traded.
Ratios:
Our analysis of AMKR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.85. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $40.
On February 29, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $32.Goldman initiated its Neutral rating on February 29, 2024, with a $32 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 8.25B and an Enterprise Value of 8.01B. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.04, and their Forward P/E ratio for the next fiscal year is 14.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 2.08. Its current Enterprise Value per Revenue stands at 1.23 whereas that against EBITDA is 7.06.
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 28.28.
Shares Statistics:
AMKR traded an average of 931.56K shares per day over the past three months and 918.2k 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 43.37% stake in the company. Shares short for AMKR as of Mar 28, 2024 were 3.11M with a Short Ratio of 3.34, compared to 3.1M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.26% and a Short% of Float of 4.70%.
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 0.94%, it implies a Forward Annual Dividend Yield of 0.94%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. 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 $1.22 for the fiscal current year, implying an average EPS of $1.58. EPS for the following year is $2.33, with 8 analysts recommending between $2.51 and $2.11.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. 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 -7.80% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $1.39B, a decrease of -4.80% over than the figure of -$7.80% 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 8 analysts have provided revenue estimates for AMKR’s current fiscal year. The highest revenue estimate was $6.67B, while the lowest revenue estimate was $6.3B, resulting in an average revenue estimate of $6.46B. In the same quarter a year ago, actual revenue was $6.5B, down -0.70% from the average estimate. Based on 8 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 10.40% from the average revenue estimate for this year.
