Brokers Issue Forecasts for AMKR FY2027 Earnings

Amkor Technology, Inc. (NASDAQ:AMKR) – Investment analysts at B. Riley issued their FY2027 earnings per share estimates for shares of Amkor Technology in a research note issued to investors on Monday, February 24th. B. Riley analyst C. Ellis expects that the semiconductor company will earn $2.16 per share for the year. B. Riley currently has a “Buy” rating and a $32.00 target price on the stock. The consensus estimate for Amkor Technology’s current full-year earnings is $1.47 per share.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.06. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%.

Other equities research analysts have also issued reports about the company. Morgan Stanley decreased their target price on Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. The Goldman Sachs Group lowered their price target on shares of Amkor Technology from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, October 29th. Needham & Company LLC restated a “buy” rating and issued a $34.00 target price on shares of Amkor Technology in a research note on Tuesday, February 11th. JPMorgan Chase & Co. lowered their price objective on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Finally, DA Davidson dropped their target price on Amkor Technology from $40.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $31.50.

Amkor Technology Trading Down 1.0 %

NASDAQ:AMKR opened at $21.72 on Tuesday. Amkor Technology has a one year low of $21.46 and a one year high of $44.86. The company has a market cap of $5.36 billion, a PE ratio of 15.19 and a beta of 1.81. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 1.90. The firm has a 50-day moving average of $24.80 and a 200-day moving average of $27.61.

Amkor Technology Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.0827 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.33 annualized dividend and a yield of 1.52%. Amkor Technology’s payout ratio is currently 23.08%.

Hedge Funds Weigh In On Amkor Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Amkor Technology in the fourth quarter worth approximately $27,000. Jones Financial Companies Lllp increased its holdings in shares of Amkor Technology by 353.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,488 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 1,160 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Amkor Technology in the 3rd quarter worth $39,000. Bessemer Group Inc. lifted its stake in shares of Amkor Technology by 421.0% during the 4th quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 1,242 shares during the last quarter. Finally, Hurley Capital LLC bought a new stake in Amkor Technology during the fourth quarter valued at about $43,000. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.