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NASDAQ:AMKR

Amkor Technology - AMKR Stock Forecast, Price & News

$21.91
-0.20 (-0.90%)
(As of 08/19/2022 03:59 PM ET)
Add
Compare
Today's Range
$21.60
$22.01
50-Day Range
$15.44
$23.03
52-Week Range
$14.89
$29.50
Volume
63,600 shs
Average Volume
821,892 shs
Market Capitalization
$5.36 billion
P/E Ratio
7.77
Dividend Yield
0.92%
Price Target
$28.33

Amkor Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
29.7% Upside
$28.33 Price Target
Short Interest
Healthy
8.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.88
Upright™ Environmental Score
News Sentiment
1.03mentions of Amkor Technology in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.67 M Sold Last Quarter
Proj. Earnings Growth
6.16%
From $2.92 to $3.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Computer And Technology Sector

83rd out of 660 stocks

Semiconductors & Related Devices Industry

16th out of 97 stocks

AMKR stock logo

About Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the rest of the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, and test and drop shipment services. The company also provides flip chip-scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip-chip stacked chip-scale packages that are used to stack memory on top of digital baseband, and as applications processors in mobile devices; and flip-chip ball grid array packages for various networking, storage, computing, and consumer applications. In addition, it offers wafer-level CSP packages that are used in power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages for use in ICs; and silicon wafer integrated fan-out technology, which replaces a laminate substrate with a thinner structure. Further, the company provides lead frame packages that are used in electronic devices for low to medium pin count analog and mixed-signal applications; substrate-based wirebond packages, which are used to connect a die to a substrate; micro-electro-mechanical systems (MEMS) packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules, which are used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. It primarily serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.

Analysts Set New Price Targets

Separately, DA Davidson assumed coverage on shares of Amkor Technology in a report on Wednesday, June 29th. They issued a "buy" rating and a $30.00 price target on the stock.

Amkor Technology Price Performance

Shares of AMKR Stock traded down $0.42 during trading hours on Friday, hitting $21.69. 2,147 shares of the company's stock were exchanged, compared to its average volume of 821,892. Amkor Technology has a 12-month low of $14.89 and a 12-month high of $29.50. The company has a market capitalization of $5.31 billion, a PE ratio of 7.84 and a beta of 1.55. The business's 50 day simple moving average is $18.72 and its 200-day simple moving average is $20.11. The company has a current ratio of 1.66, a quick ratio of 1.30 and a debt-to-equity ratio of 0.30.

Amkor Technology (NASDAQ:AMKR - Get Rating) last posted its quarterly earnings results on Monday, August 1st. The semiconductor company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. Amkor Technology had a net margin of 10.65% and a return on equity of 22.93%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities research analysts anticipate that Amkor Technology will post 2.92 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 26th. Investors of record on Tuesday, September 6th will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, September 2nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.92%. Amkor Technology's dividend payout ratio is currently 7.09%.

Insiders Place Their Bets

In other news, CEO Guillaume Marie Jean Rutten sold 60,000 shares of the company's stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $22.01, for a total transaction of $1,320,600.00. Following the completion of the transaction, the chief executive officer now directly owns 245,000 shares of the company's stock, valued at $5,392,450. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Guillaume Marie Jean Rutten sold 60,000 shares of the company's stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $22.01, for a total transaction of $1,320,600.00. Following the completion of the transaction, the chief executive officer now owns 245,000 shares in the company, valued at $5,392,450. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Megan Faust sold 12,000 shares of the firm's stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $19.07, for a total value of $228,840.00. Following the completion of the sale, the chief financial officer now directly owns 8,512 shares of the company's stock, valued at approximately $162,323.84. The disclosure for this sale can be found here. Insiders have sold a total of 78,000 shares of company stock valued at $1,668,840 in the last quarter. Insiders own 56.50% of the company's stock.

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AMKR Stock News Headlines

Amkor Technology declares $0.05 dividend
Amkor Technology Q1 2022 Earnings Preview
Amkor Technology Q4 2021 Earnings Preview
Amkor Technology, Inc. declares $0.05 dividend
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AMKR Company Calendar

Ex-Dividend for 6/27 Dividend
6/06/2022
Dividend Payable
6/27/2022
Last Earnings
8/01/2022
Today
8/19/2022
Ex-Dividend for 9/26 Dividend
9/02/2022
Dividend Payable
9/26/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AMKR
CUSIP
03165210
Employees
30,400
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$28.33
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+29.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$642.99 million
Pretax Margin
11.96%

Debt

Sales & Book Value

Annual Sales
$6.14 billion
Cash Flow
$4.97 per share
Book Value
$13.18 per share

Miscellaneous

Free Float
106,505,000
Market Cap
$5.36 billion
Optionable
Optionable
Beta
1.55

Social Links


Key Executives

  • Mr. James J. Kim (Age 86)
    Exec. Chairman
    Comp: $4.13M
  • Mr. Giel Rutten (Age 65)
    Pres, CEO & Director
    Comp: $2.69M
  • Ms. Susan Y. Kim (Age 59)
    Exec. Vice Chairman
    Comp: $175k
  • Ms. Megan FaustMs. Megan Faust (Age 48)
    Exec. VP, CFO & Treasurer
    Comp: $1.18M
  • Mr. Mark N. Rogers (Age 56)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.12M
  • Mr. Farshad Haghighi (Age 59)
    Exec. VP of Worldwide Sales & Marketing
    Comp: $826.11k
  • Ms. Jennifer Jue
    Sr. Director of Investor Relations and Fin.
  • Mr. Steve Shin (Age 59)
    Exec. VP of Worldwide Manufacturing
  • Mr. Mike Liang
    Pres of Taiwan Operations













AMKR Stock - Frequently Asked Questions

Should I buy or sell Amkor Technology stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amkor Technology in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMKR shares.
View AMKR analyst ratings
or view top-rated stocks.

What is Amkor Technology's stock price forecast for 2022?

3 Wall Street analysts have issued twelve-month price targets for Amkor Technology's stock. Their AMKR share price forecasts range from $27.00 to $30.00. On average, they predict the company's share price to reach $28.33 in the next twelve months. This suggests a possible upside of 28.1% from the stock's current price.
View analysts price targets for AMKR
or view top-rated stocks among Wall Street analysts.

How have AMKR shares performed in 2022?

Amkor Technology's stock was trading at $24.79 at the beginning of 2022. Since then, AMKR stock has decreased by 10.8% and is now trading at $22.11.
View the best growth stocks for 2022 here
.

When is Amkor Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our AMKR earnings forecast
.

How were Amkor Technology's earnings last quarter?

Amkor Technology, Inc. (NASDAQ:AMKR) posted its quarterly earnings results on Monday, August, 1st. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.03. The semiconductor company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.52 billion. Amkor Technology had a net margin of 10.65% and a trailing twelve-month return on equity of 22.93%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.51 EPS.

How often does Amkor Technology pay dividends? What is the dividend yield for Amkor Technology?

Amkor Technology announced a quarterly dividend on Wednesday, August 17th. Investors of record on Tuesday, September 6th will be given a dividend of $0.05 per share on Monday, September 26th. This represents a $0.20 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Friday, September 2nd.
Read our dividend analysis for AMKR
.

Is Amkor Technology a good dividend stock?

Amkor Technology (NASDAQ:AMKR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMKR will have a dividend payout ratio of 6.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMKR.

What guidance has Amkor Technology issued on next quarter's earnings?

Amkor Technology issued an update on its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $0.82-$1.02 for the period, compared to the consensus earnings per share estimate of $0.80. The company issued revenue guidance of $1.88 billion-$1.98 billion, compared to the consensus revenue estimate of $1.79 billion.

What is Stephen D. Kelley's approval rating as Amkor Technology's CEO?

110 employees have rated Amkor Technology Chief Executive Officer Stephen D. Kelley on Glassdoor.com. Stephen D. Kelley has an approval rating of 74% among the company's employees. 63.0% of employees surveyed would recommend working at Amkor Technology to a friend.

What other stocks do shareholders of Amkor Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amkor Technology investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), Intel (INTC), Cisco Systems (CSCO), Micron Technology (MU), Nokia Oyj (NOK), Tesla (TSLA), AT&T (T), CVS Health (CVS).

What is Amkor Technology's stock symbol?

Amkor Technology trades on the NASDAQ under the ticker symbol "AMKR."

Who are Amkor Technology's major shareholders?

Amkor Technology's stock is owned by many different retail and institutional investors. Top institutional shareholders include SW Investment Management LLC (1.39%), State Street Corp (1.37%), AQR Capital Management LLC (1.21%), Northern Trust Corp (0.76%), Royce & Associates LP (0.47%) and JPMorgan Chase & Co. (0.38%). Insiders that own company stock include David D Kim, Gil C Tily, Guillaume Marie Jean Rutten, John Charles Stone, Maryfrances Mccourt, Megan Faust, Roger Anthony Carolin and Winston J Churchill.
View institutional ownership trends
.

How do I buy shares of Amkor Technology?

Shares of AMKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Amkor Technology's stock price today?

One share of AMKR stock can currently be purchased for approximately $22.11.

How much money does Amkor Technology make?

Amkor Technology (NASDAQ:AMKR) has a market capitalization of $5.41 billion and generates $6.14 billion in revenue each year. The semiconductor company earns $642.99 million in net income (profit) each year or $2.82 on an earnings per share basis.

How many employees does Amkor Technology have?

The company employs 30,400 workers across the globe.

Does Amkor Technology have any subsidiaries?
The following companies are subsidiares of Amkor Technology: ATEP - Amkor Technology Portugal S.A., Amkor Advanced Technology Taiwan Inc. , Amkor Assembly & Test (Shanghai) Co. Ltd. , Amkor Iwate Co. Ltd., Amkor Technology Euroservices S.A.S., Amkor Technology Holding B.V., Amkor Technology Holding B.V. Germany (A Branch of a Netherlands Company), Amkor Technology Japan Inc., Amkor Technology Korea Inc. , Amkor Technology Limited, Amkor Technology Malaysia Sdn. Bhd., Amkor Technology Philippines Inc. (A Branch of a Singapore Company), Amkor Technology Singapore Holding Pte. Ltd., Amkor Technology Singapore Holding Pte. Ltd. Taiwan Branch (A Branch of a Singapore Company), Amkor Technology Singapore Investment Pte. Ltd. , Amkor Technology Taiwan Ltd. , Amkor Technology Vietnam Limited Liability Company, Amkor Worldwide Services LLC, Amkor Worldwide Services LLC - ROHQ (A Branch of a United States Company), Guardian Assets Inc. , J-Devices Corp., Nanium S.A., Unitive Inc., and Unitive Semiconductor Taiwan.
Read More
When was Amkor Technology founded?

Amkor Technology was founded in 1968.

How can I contact Amkor Technology?

Amkor Technology's mailing address is 2045 EAST INNOVATION CIRCLE, TEMPE AZ, 85284. The official website for the company is www.amkor.com. The semiconductor company can be reached via phone at (480) 821-5000, via email at greg.johnson@amkor.com, or via fax at 480-821-8276.

This page (NASDAQ:AMKR) was last updated on 8/19/2022 by MarketBeat.com Staff

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