Amkor Technology, Inc. (NASDAQ:AMKR) Receives Average Recommendation of “Hold” from Brokerages

Amkor Technology, Inc. (NASDAQ:AMKR) has received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $35.00.

AMKR has been the topic of a number of research analyst reports. UBS Group set a $50.00 target price on Amkor Technology in a research note on Monday, January 5th. DA Davidson increased their price objective on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. The Goldman Sachs Group restated a “neutral” rating on shares of Amkor Technology in a research report on Friday. Needham & Company LLC increased their price target on shares of Amkor Technology from $37.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, January 5th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th.

Amkor Technology Price Performance

AMKR stock opened at $52.29 on Friday. The firm has a 50 day simple moving average of $39.52 and a two-hundred day simple moving average of $30.50. The stock has a market cap of $12.93 billion, a PE ratio of 41.83 and a beta of 1.99. Amkor Technology has a one year low of $14.03 and a one year high of $53.53. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter last year, the company posted $0.49 EPS. The business’s quarterly revenue was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, analysts predict that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were given a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Wednesday, December 3rd. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is 26.40%.

Insiders Place Their Bets

In other Amkor Technology news, EVP Mark N. Rogers sold 20,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.69, for a total transaction of $633,800.00. Following the completion of the sale, the executive vice president directly owned 23,862 shares in the company, valued at $756,186.78. This represents a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total value of $316,800.00. Following the transaction, the chief executive officer directly owned 346,699 shares in the company, valued at $10,983,424.32. This trade represents a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 91,000 shares of company stock valued at $3,615,510 over the last three months. 26.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Amkor Technology

A number of large investors have recently bought and sold shares of AMKR. Salomon & Ludwin LLC purchased a new stake in shares of Amkor Technology during the third quarter valued at approximately $25,000. Bessemer Group Inc. raised its holdings in Amkor Technology by 72.1% during the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 391 shares during the last quarter. IFP Advisors Inc boosted its position in Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 447 shares during the period. Hantz Financial Services Inc. grew its holdings in Amkor Technology by 1,050.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 1,250 shares during the last quarter. Finally, FNY Investment Advisers LLC increased its position in shares of Amkor Technology by 83.5% in the third quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 670 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.