Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, AMKOR Technology Inc.’s stock clocked out at $29.69, up 0.30% from its previous closing price of $29.60. In other words, the price has increased by $0.30 from its previous closing price. On the day, 1.76 million shares were traded. AMKR stock price reached its highest trading level at $30.49 during the session, while it also had its lowest trading level at $29.15.
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 1.83 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.25.
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, JP Morgan on July 01, 2024, initiated with a Overweight rating and assigned the stock a target price of $48.
On April 09, 2024, Needham started tracking the stock assigning a Buy rating and target price of $40.
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 Aug 27 ’24 when CHURCHILL WINSTON J sold 20,000 shares for $32.97 per share. The transaction valued at 659,400 led to the insider holds 19,871 shares of the business.
CHURCHILL WINSTON J bought 20,000 shares of AMKR for $659,468 on Aug 27 ’24. On Aug 15 ’24, another insider, Rutten Guillaume Marie Jean, who serves as the President and CEO of the company, sold 25,000 shares for $32.56 each. As a result, the insider received 814,000 and left with 224,971 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 7315289088 and an Enterprise Value of 7096951296. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.53, and their Forward P/E ratio for the next fiscal year is 12.49. 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 1.81. Its current Enterprise Value per Revenue stands at 1.109 whereas that against EBITDA is 6.504.
Stock Price History:
Over the past 52 weeks, AMKR has reached a high of $44.86, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is -17.46%, while the 200-Day Moving Average is calculated to be -9.44%.
Shares Statistics:
It appears that AMKR traded 1.86M shares on average per day over the past three months and 1218230 shares per day over the past ten days. A total of 245.89M shares are outstanding, with a floating share count of 97.93M. Insiders hold about 60.25% of the company’s shares, while institutions hold 43.26% stake in the company. Shares short for AMKR as of 1723680000 were 3071157 with a Short Ratio of 1.65, compared to 1721001600 on 2892088. Therefore, it implies a Short% of Shares Outstanding of 3071157 and a Short% of Float of 2.8499998.
Dividends & Splits
With its trailing 12-month dividend rate of 0.311, AMKR has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.010506757
Earnings Estimates
The market rating for AMKOR Technology Inc. (AMKR) is a result of the insights provided by 9.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.55, with high estimates of $0.68 and low estimates of $0.46.
Analysts are recommending an EPS of between $1.7 and $1.48 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $2.38, with 9.0 analysts recommending between $2.6 and $2.16.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $1.84B. It ranges from a high estimate of $1.86B to a low estimate of $1.83B. As of the current estimate, AMKOR Technology Inc.’s year-ago sales were $1.82BFor the next quarter, 8 analysts are estimating revenue of $1.84B. There is a high estimate of $1.88B for the next quarter, whereas the lowest estimate is $1.81B.
A total of 9 analysts have provided revenue estimates for AMKR’s current fiscal year. The highest revenue estimate was $6.56B, while the lowest revenue estimate was $6.48B, resulting in an average revenue estimate of $6.51B. In the same quarter a year ago, actual revenue was $6.5BBased on 9 analysts’ estimates, the company’s revenue will be $7.19B in the next fiscal year. The high estimate is $7.3B and the low estimate is $7.08B.
