Amkor Technology (NASDAQ:AMKR) Posts Quarterly Earnings Results, Meets Expectations

Amkor Technology (NASDAQ:AMKR - Get Free Report) released its earnings results on Monday. The semiconductor company reported $0.09 earnings per share for the quarter, hitting the consensus estimate of $0.09, Zacks reports. Amkor Technology had a return on equity of 8.59% and a net margin of 5.60%. The firm had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.28 billion. Amkor Technology updated its Q2 2025 guidance to 0.070-0.230 EPS.

Amkor Technology Price Performance

Amkor Technology stock opened at $17.48 on Tuesday. The stock's 50 day moving average is $18.55 and its 200 day moving average is $23.51. 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 market cap of $4.32 billion, a P/E ratio of 12.22 and a beta of 1.88. Amkor Technology has a one year low of $14.03 and a one year high of $44.86.

Amkor Technology Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 13th were paid a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Thursday, March 13th. Amkor Technology's dividend payout ratio is currently 23.08%.

Insider Buying and Selling

In other Amkor Technology news, EVP Kevin Engel sold 5,489 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $21.69, for a total value of $119,056.41. Following the transaction, the executive vice president now directly owns 1,388 shares of the company's stock, valued at approximately $30,105.72. The trade was a 79.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Agnes C. Kim sold 869,565 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $21.85, for a total value of $18,999,995.25. Following the completion of the transaction, the insider now directly owns 10,020,870 shares in the company, valued at approximately $218,956,009.50. This trade represents a 7.98 % 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.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AMKR. Morgan Stanley cut their target price on Amkor Technology from $26.00 to $24.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Melius Research downgraded Amkor Technology from a "strong-buy" rating to a "hold" rating in a report on Monday, January 6th. KeyCorp reaffirmed a "sector weight" rating on shares of Amkor Technology in a report on Thursday, April 17th. JPMorgan Chase & Co. cut their price target on Amkor Technology from $42.00 to $30.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 11th. Finally, B. Riley cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a report on Monday, April 21st. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $31.50.

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.