Amkor Technology, Inc. (NASDAQ:AMKR) Given Average Rating of “Hold” by Analysts

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) has been assigned an average recommendation of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $29.6250.

Several equities analysts recently weighed in on AMKR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Wall Street Zen lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. JPMorgan Chase & Co. raised their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, The Goldman Sachs Group lifted their price target on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th.

Read Our Latest Stock Analysis on AMKR

Amkor Technology Price Performance

Shares of AMKR opened at $44.31 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $47.28. The stock has a market capitalization of $10.95 billion, a P/E ratio of 35.45 and a beta of 1.99. The company has a 50 day moving average of $34.77 and a 200-day moving average of $27.27.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, equities research analysts forecast that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd will be issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, December 3rd. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s payout ratio is presently 26.40%.

Insiders Place Their Bets

In other Amkor Technology news, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction on Monday, November 17th. The shares were sold at an average price of $31.69, for a total transaction of $633,800.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $756,186.78. The trade was a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $31.68, for a total value of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This represents a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 50,000 shares of company stock worth $1,558,000. 26.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amkor Technology

A number of large investors have recently bought and sold shares of the company. Focus Partners Wealth lifted its holdings in shares of Amkor Technology by 22.2% in the 1st quarter. Focus Partners Wealth now owns 303,549 shares of the semiconductor company’s stock worth $5,482,000 after purchasing an additional 55,156 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in Amkor Technology during the 2nd quarter valued at $311,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Amkor Technology by 5.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,690 shares of the semiconductor company’s stock worth $8,285,000 after buying an additional 18,737 shares during the last quarter. CWM LLC lifted its stake in shares of Amkor Technology by 85.3% in the second quarter. CWM LLC now owns 51,940 shares of the semiconductor company’s stock valued at $1,090,000 after buying an additional 23,914 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in shares of Amkor Technology by 118.5% in the second quarter. Allianz Asset Management GmbH now owns 353,370 shares of the semiconductor company’s stock valued at $7,417,000 after buying an additional 191,626 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.