Chipmos Technologies (NASDAQ:IMOS) Hits New 52-Week High - What's Next?

Key Points

• ChipMOS shares hit a new 52‑week high, rising about 12.2% to trade around $53 (intraday high $52.00, prior close $48.14); the company has a market cap of roughly $1.9B and a P/E of 125.6.
• Quarterly results beat expectations — ChipMOS reported $0.46 EPS versus $0.34 consensus and revenue of $207.8M, with quarterly revenue up 26.2% year‑over‑year.
• Analyst and institutional picture is mixed: Wall Street Zen upgraded to "strong‑buy" but MarketBeat's consensus remains "Hold," and institutional investors own about 7.4% of the shares with several small new positions reported.

Shares of Chipmos Technologies (NASDAQ:IMOS - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $52.00 and last traded at $53.3070, with a volume of 3808 shares traded. The stock had previously closed at $48.14.

Wall Street Analysts Forecast Growth

IMOS has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Chipmos Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 7th. Weiss Ratings reissued a "hold (c-)" rating on shares of Chipmos Technologies in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of "Hold".

Chipmos Technologies Stock Up 12.2%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.08 and a current ratio of 2.40. The firm has a market capitalization of $1.90 billion, a PE ratio of 125.58 and a beta of 1.16. The business's 50 day moving average price is $40.29 and its 200-day moving average price is $33.72.

Chipmos Technologies (NASDAQ:IMOS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The semiconductor company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.12. The firm had revenue of $207.78 million during the quarter, compared to analysts' expectations of $6.50 billion. Chipmos Technologies had a net margin of 1.88% and a return on equity of 1.90%. The business's quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kathmere Capital Management LLC acquired a new position in shares of Chipmos Technologies in the first quarter valued at approximately $204,000. Delphi Management Inc. MA acquired a new position in shares of Chipmos Technologies in the first quarter valued at approximately $254,000. RBF Capital LLC acquired a new position in shares of Chipmos Technologies in the fourth quarter valued at approximately $266,000. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Chipmos Technologies by 3.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 73,380 shares of the semiconductor company's stock valued at $2,175,000 after purchasing an additional 2,240 shares in the last quarter. Finally, Smartleaf Asset Management LLC acquired a new position in shares of Chipmos Technologies in the fourth quarter valued at approximately $54,000. Institutional investors and hedge funds own 7.39% of the company's stock.

About Chipmos Technologies

ChipMOS Technologies Inc is a Taiwan‐based provider of outsourced semiconductor assembly, testing and packaging services. The company offers a comprehensive range of back‐end solutions including wafer probing, assembly, surface mount and final test services for memory chips, microcontrollers, system‐on‐chips and other integrated circuits. ChipMOS serves customers in the consumer electronics, communications, industrial and automotive markets by delivering reliable testing and packaging support to semiconductor fabless companies and foundries.

Founded in 1997 and headquartered in Hsinchu, Taiwan, ChipMOS operates multiple production facilities across Asia, including sites in Taoyuan (Taiwan), Guangdong Province (China) and Singapore.

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