Amkor Technology, Inc. (NASDAQ:AMKR) Receives $26.44 Average Target Price from Analysts

Key Points

• Amkor Technology, Inc. has received an average rating of "Hold" from ten analysts, with six holding this view and four issuing buy ratings.
• The company's Q2 earnings surpassed expectations, reporting an EPS of $0.22 against a consensus of $0.16, and revenue of $1.51 billion, exceeding forecasts of $1.42 billion.
• Amkor has declared a quarterly dividend of $0.0827 per share, with a 1.4% yield, expected to be paid on September 23rd.

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) has been given an average rating of "Hold" by the ten research firms that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $26.4444.

AMKR has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Morgan Stanley restated an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. B. Riley upped their price target on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 29th. Needham & Company LLC increased their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, UBS Group raised their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th.

Amkor Technology Trading Up 0.6%

Shares of NASDAQ:AMKR traded up $0.14 during trading on Monday, reaching $23.94. The stock had a trading volume of 530,229 shares, compared to its average volume of 2,117,577. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $32.47. The business has a fifty day moving average price of $22.70 and a 200-day moving average price of $20.24. The stock has a market cap of $5.92 billion, a P/E ratio of 19.51 and a beta of 1.96. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the firm earned $0.27 earnings per share. Amkor Technology's revenue was up 3.4% compared to the same quarter last year. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. As a group, analysts anticipate that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be paid a dividend of $0.0827 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.4%. Amkor Technology's dividend payout ratio is currently 26.83%.

Insider Transactions at Amkor Technology

In related news, major shareholder John T. Kim purchased 441,589 shares of the stock in a transaction on Friday, August 1st. The shares were bought at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the acquisition, the insider directly owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This trade represents a 13.19% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark N. Rogers sold 15,000 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $23.58, for a total value of $353,700.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares of the company's stock, valued at approximately $562,665.96. This trade represents a 38.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. 26.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Amkor Technology during the 1st quarter worth about $27,000. Hantz Financial Services Inc. raised its stake in shares of Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 1,250 shares in the last quarter. UMB Bank n.a. raised its stake in Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 1,530 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Amkor Technology by 416.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company's stock valued at $34,000 after buying an additional 1,292 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Amkor Technology by 166.3% during the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 1,357 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

About Amkor Technology

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.