Equities Analysts Issue Forecasts for AMKR FY2027 Earnings

Amkor Technology, Inc. (NASDAQ:AMKR) – Investment analysts at B. Riley issued their FY2027 earnings per share estimates for Amkor Technology in a report issued on Monday, February 24th. B. Riley analyst C. Ellis forecasts that the semiconductor company will earn $2.16 per share for the year. B. Riley currently has a “Buy” rating and a $32.00 target price on the stock. The consensus estimate for Amkor Technology’s current full-year earnings is $1.47 per share.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.06. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%.

Other equities analysts have also recently issued research reports about the company. Melius Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. DA Davidson cut their target price on Amkor Technology from $40.00 to $36.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th. JPMorgan Chase & Co. decreased their target price on Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. KeyCorp cut their price target on shares of Amkor Technology from $38.00 to $34.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Finally, Needham & Company LLC restated a “buy” rating and set a $34.00 price objective on shares of Amkor Technology in a report on Tuesday, February 11th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $31.50.

Amkor Technology Stock Down 1.3 %

NASDAQ AMKR opened at $21.95 on Tuesday. The stock has a market capitalization of $5.41 billion, a P/E ratio of 15.35 and a beta of 1.81. Amkor Technology has a 52 week low of $21.46 and a 52 week high of $44.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.90 and a current ratio of 2.11. The stock has a fifty day moving average of $24.89 and a 200-day moving average of $27.68.

Amkor Technology Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 13th will be issued a $0.0827 dividend. This represents a $0.33 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Thursday, March 13th. Amkor Technology’s dividend payout ratio (DPR) is presently 23.08%.

Institutional Investors Weigh In On Amkor Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in AMKR. Forum Financial Management LP increased its holdings in Amkor Technology by 23.4% during the 4th quarter. Forum Financial Management LP now owns 8,637 shares of the semiconductor company’s stock worth $222,000 after purchasing an additional 1,639 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Amkor Technology in the fourth quarter valued at approximately $1,603,000. CSS LLC IL lifted its position in shares of Amkor Technology by 9.4% in the fourth quarter. CSS LLC IL now owns 15,340 shares of the semiconductor company’s stock worth $394,000 after purchasing an additional 1,320 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Amkor Technology by 9.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 307,036 shares of the semiconductor company’s stock worth $7,888,000 after buying an additional 26,146 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new position in shares of Amkor Technology in the 4th quarter valued at about $4,730,000. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Company Profile

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.