News stories about Amkor Technology (NASDAQ:AMKR) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amkor Technology earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 43.6327771818175 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of equities analysts have issued reports on the company. ValuEngine cut Amkor Technology from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub cut Amkor Technology from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Finally, Zacks Investment Research cut Amkor Technology from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $10.50.
Amkor Technology (NASDAQ AMKR) opened at $10.84 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.92 and a debt-to-equity ratio of 0.79. Amkor Technology has a 1-year low of $8.32 and a 1-year high of $12.48. The stock has a market capitalization of $2,590.00, a PE ratio of 9.94 and a beta of 2.62.
Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, October 30th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.03. Amkor Technology had a return on equity of 12.04% and a net margin of 6.41%. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the business earned $0.25 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. sell-side analysts expect that Amkor Technology will post 0.51 EPS for the current year.
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Amkor Technology Company Profile
Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.
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