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The closing price of AMKOR Technology Inc. (NASDAQ: AMKR) was $30.10 for the day, down -3.56% from the previous closing price of $31.21. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 0.89 million shares were traded. AMKR stock price reached its highest trading level at $31.26 during the session, while it also had its lowest trading level at $29.81.
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 4.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.22. 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 7409265664 and an Enterprise Value of 7238853632. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.67, and their Forward P/E ratio for the next fiscal year is 12.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 1.113 whereas that against EBITDA is 6.575.
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 -5.12%, while the 200-Day Moving Average is calculated to be 6.32%.
Shares Statistics:
AMKR traded an average of 929.84K shares per day over the past three months and 974180 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 43.39% stake in the company. Shares short for AMKR as of 1711584000 were 3106842 with a Short Ratio of 3.34, compared to 1709164800 on 3096135. Therefore, it implies a Short% of Shares Outstanding of 3106842 and a Short% of Float of 4.7.
Dividends & Splits
With its trailing 12-month dividend rate of 0.304, AMKR has a forward annual dividend rate of 0.31.
Earnings Estimates
AMKOR Technology Inc. (AMKR) is presently subject to a detailed evaluation by EMCORE Corporation analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $30.10, with high estimates of $8.83 and low estimates of $342.18.
Analysts are recommending an EPS of between $Consumer Cyclical and $Basic Materials for the fiscal current year, implying an average EPS of $Technology.
