Amkor Technology (NASDAQ:AMKR) Releases Earnings Results

Amkor Technology (NASDAQ:AMKR) posted its quarterly earnings results on Monday. The semiconductor company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06, Zacks reports. Amkor Technology had a net margin of 5.68% and a return on equity of 8.98%. Amkor Technology updated its Q1 2025 guidance to 0.010-0.170 EPS.

Amkor Technology Stock Up 0.1 %

NASDAQ:AMKR opened at $24.36 on Tuesday. The company has a market cap of $6.01 billion, a PE ratio of 16.46 and a beta of 1.81. Amkor Technology has a twelve month low of $23.33 and a twelve month high of $44.86. The company has a current ratio of 2.06, a quick ratio of 1.84 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $25.73 and its two-hundred day moving average is $28.31.

Amkor Technology Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 4th were given a dividend of $0.0827 per share. This represents a $0.33 annualized dividend and a yield of 1.36%. The ex-dividend date was Wednesday, December 4th. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s payout ratio is currently 22.30%.

Analysts Set New Price Targets

Several research firms recently weighed in on AMKR. Melius Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 6th. JPMorgan Chase & Co. cut their target price on shares of Amkor Technology from $48.00 to $42.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. The Goldman Sachs Group dropped their price objective on shares of Amkor Technology from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, October 29th. DA Davidson dropped their price objective on shares of Amkor Technology from $40.00 to $36.00 and set a “buy” rating for the company in a research note on Tuesday, October 29th. Finally, Melius cut shares of Amkor Technology from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $34.00 to $30.00 in a research note on Monday, January 6th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Amkor Technology has a consensus rating of “Hold” and an average target price of $35.50.

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.