Amkor Technology (AMKR) Expected to Announce Earnings on Monday

Amkor Technology (NASDAQ:AMKR) is expected to be issuing its quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $1.28 billion for the quarter. Amkor Technology has set its Q1 2025 guidance at 0.010-0.170 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Amkor Technology (NASDAQ:AMKR) last released 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 net margin of 5.60% and a return on equity of 8.59%. On average, analysts expect Amkor Technology to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amkor Technology Trading Down 1.1 %

Shares of Amkor Technology stock opened at $15.97 on Monday. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $44.86. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 1.90. The business has a 50 day moving average price of $19.23 and a 200 day moving average price of $24.08. The company has a market capitalization of $3.95 billion, a P/E ratio of 11.17 and a beta of 1.88.

Amkor Technology Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 13th were issued a $0.0827 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 2.07%. Amkor Technology’s dividend payout ratio (DPR) is 23.08%.

Analyst Upgrades and Downgrades

AMKR has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Morgan Stanley cut their price objective on shares of Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Melius Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 6th. B. Riley cut their price target on Amkor Technology from $38.00 to $32.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Finally, KeyCorp restated a “sector weight” rating on shares of Amkor Technology in a report on Thursday. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Amkor Technology currently has a consensus rating of “Hold” and an average price target of $31.50.

Insider Buying and Selling at Amkor Technology

In other news, major shareholder Agnes C. Kim sold 869,565 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $21.85, for a total value of $18,999,995.25. Following the transaction, the insider now directly owns 10,020,870 shares in the company, valued at $218,956,009.50. This trade represents a 7.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kevin Engel sold 5,489 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $21.69, for a total value of $119,056.41. Following the sale, the executive vice president now owns 1,388 shares of the company’s stock, valued at $30,105.72. The trade was a 79.82 % decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is owned by company insiders.

Amkor Technology Company Profile

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.