Amkor Technology, Inc. (AMKR) – What Are Analysts Saying About This Stock?

Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) has been given a consensus rating of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $68.33.

AMKR has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. B. Riley Financial reduced their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Bank of America started coverage on Amkor Technology in a research note on Thursday, August 27th. They issued a “buy” rating and a $70.00 price objective for the company. Finally, Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st.

Read Our Latest Research Report on AMKR

Insider Activity

In other news, EVP Mark Rogers sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the transaction, the executive vice president owned 38,904 shares in the company, valued at approximately $2,325,681.12. This trade represents a 11.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas Alexander sold 5,000 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. The trade was a 14.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,221 shares of company stock worth $2,491,587 in the last quarter. 26.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amkor Technology

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Amkor Technology in the 2nd quarter valued at $1,060,005,000. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Amkor Technology in the second quarter worth about $152,110,000. Principal Financial Group Inc. boosted its holdings in Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after acquiring an additional 423,629 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Amkor Technology during the 2nd quarter worth $90,656,000. Finally, Bank of Nova Scotia acquired a new stake in shares of Amkor Technology in the 2nd quarter valued at approximately $58,273,000. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Price Performance

Shares of AMKR opened at $49.12 on Tuesday. The company has a 50 day moving average price of $51.64 and a 200-day moving average price of $61.90. Amkor Technology has a fifty-two week low of $28.19 and a fifty-two week high of $96.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The stock has a market capitalization of $12.20 billion, a PE ratio of 22.03, a PEG ratio of 0.60 and a beta of 2.21.

Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the business earned $0.22 EPS. The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts predict that Amkor Technology will post 2.60 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio is currently 14.80%.

About Amkor Technology

(Get Free Report)

Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.

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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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