Brokers Offer Predictions for AMKR FY2027 Earnings

Amkor Technology, Inc. (NASDAQ:AMKR) – Investment analysts at B. Riley issued their FY2027 earnings per share (EPS) estimates for shares of Amkor Technology in a note issued to investors on Monday, February 24th. B. Riley analyst C. Ellis expects 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.

A number of other research firms have also commented on AMKR. Needham & Company LLC reiterated a “buy” rating and issued a $34.00 price objective on shares of Amkor Technology in a research note on Tuesday, February 11th. Melius downgraded Amkor Technology from a “buy” rating to a “hold” rating and dropped their price target for the stock from $34.00 to $30.00 in a research report on Monday, January 6th. DA Davidson reduced their price objective on Amkor Technology from $40.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th. The Goldman Sachs Group dropped their target price on shares of Amkor Technology from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 29th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a report on Tuesday, February 11th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $31.50.

Amkor Technology Stock Down 1.3 %

Amkor Technology stock opened at $21.95 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 1.90. Amkor Technology has a fifty-two week low of $21.46 and a fifty-two week high of $44.86. The firm has a fifty day moving average price of $24.89 and a two-hundred day moving average price of $27.68. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 15.35 and a beta of 1.81.

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

Amkor Technology Cuts Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AMKR. SBI Securities Co. Ltd. bought a new stake in shares of Amkor Technology in the 4th quarter valued at approximately $27,000. Jones Financial Companies Lllp boosted its stake in Amkor Technology by 353.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,488 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 1,160 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Amkor Technology in the 3rd quarter valued at $39,000. Bessemer Group Inc. grew its position in Amkor Technology by 421.0% in the fourth quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 1,242 shares during the period. Finally, Hurley Capital LLC acquired a new position in Amkor Technology during the fourth quarter worth $43,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

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.