Amkor Technology, Inc. Expected to Earn FY2026 Earnings of $2.80 Per Share (NASDAQ:AMKR)

Amkor Technology, Inc. (NASDAQ:AMKRFree Report) – Investment analysts at B. Riley issued their FY2026 earnings estimates for Amkor Technology in a research note issued on Wednesday, July 24th. B. Riley analyst C. Ellis anticipates that the semiconductor company will post earnings of $2.80 per share for the year. B. Riley has a “Buy” rating and a $50.00 price target on the stock. The consensus estimate for Amkor Technology’s current full-year earnings is $1.76 per share.

A number of other equities research analysts also recently weighed in on AMKR. JPMorgan Chase & Co. initiated coverage on shares of Amkor Technology in a research note on Monday, July 1st. They issued an “overweight” rating and a $48.00 target price on the stock. DA Davidson upped their target price on shares of Amkor Technology from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Needham & Company LLC restated a “buy” rating and set a $40.00 price target on shares of Amkor Technology in a research report on Tuesday, April 30th. Morgan Stanley lifted their price target on Amkor Technology from $34.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 2nd. Finally, The Goldman Sachs Group increased their price objective on Amkor Technology from $32.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $40.43.

View Our Latest Research Report on AMKR

Amkor Technology Stock Performance

NASDAQ:AMKR opened at $38.18 on Friday. The stock has a market cap of $9.38 billion, a P/E ratio of 25.12 and a beta of 1.86. The company has a quick ratio of 2.08, a current ratio of 2.34 and a debt-to-equity ratio of 0.26. The business’s 50-day moving average price is $37.37 and its two-hundred day moving average price is $33.64. Amkor Technology has a twelve month low of $17.58 and a twelve month high of $44.86.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its quarterly earnings results on Monday, April 29th. The semiconductor company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.36 billion. Amkor Technology had a net margin of 5.84% and a return on equity of 9.53%. The business’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 EPS.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 24th. Shareholders of record on Tuesday, June 4th were paid a $0.079 dividend. The ex-dividend date was Tuesday, June 4th. This represents a $0.32 dividend on an annualized basis and a yield of 0.83%. Amkor Technology’s dividend payout ratio (DPR) is currently 20.39%.

Insiders Place Their Bets

In other news, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $31.30, for a total transaction of $156,500.00. Following the completion of the sale, the executive vice president now owns 25,280 shares of the company’s stock, valued at $791,264. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 25,000 shares of the firm’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $42.94, for a total value of $1,073,500.00. Following the sale, the chief executive officer now owns 128,333 shares of the company’s stock, valued at approximately $5,510,619.02. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark N. Rogers sold 5,000 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $31.30, for a total transaction of $156,500.00. Following the transaction, the executive vice president now directly owns 25,280 shares of the company’s stock, valued at $791,264. The disclosure for this sale can be found here. Insiders have sold 75,000 shares of company stock valued at $2,708,250 in the last ninety days. Company insiders own 31.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AMKR. Vanguard Group Inc. increased its stake in shares of Amkor Technology by 10.4% during the third quarter. Vanguard Group Inc. now owns 13,797,154 shares of the semiconductor company’s stock valued at $311,816,000 after buying an additional 1,300,745 shares during the period. Pacer Advisors Inc. boosted its holdings in Amkor Technology by 78.7% in the fourth quarter. Pacer Advisors Inc. now owns 15,517 shares of the semiconductor company’s stock valued at $516,000 after acquiring an additional 6,836 shares in the last quarter. Ritholtz Wealth Management increased its position in Amkor Technology by 15.5% during the 4th quarter. Ritholtz Wealth Management now owns 30,353 shares of the semiconductor company’s stock valued at $1,010,000 after purchasing an additional 4,074 shares during the period. Blue Trust Inc. raised its holdings in Amkor Technology by 57.0% in the 4th quarter. Blue Trust Inc. now owns 1,487 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 540 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Amkor Technology by 65.8% in the 4th quarter. Fifth Third Bancorp now owns 874 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 347 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

About Amkor Technology

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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.

See Also

Earnings History and Estimates for Amkor Technology (NASDAQ:AMKR)

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