Amkor Technology (AMKR) Projected to Post Quarterly Earnings on Monday

Amkor Technology (NASDAQ:AMKR) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect Amkor Technology to post 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.

Amkor Technology (NASDAQ:AMKR) last posted its 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 return on equity of 8.59% and a net margin of 5.60%. 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 Price Performance

Shares of NASDAQ AMKR opened at $17.55 on Friday. The firm has a market cap of $4.34 billion, a P/E ratio of 12.27 and a beta of 1.88. The business’s 50 day moving average is $18.65 and its 200-day moving average is $23.70. The company has a current ratio of 2.11, a quick ratio of 1.90 and a debt-to-equity ratio of 0.22. Amkor Technology has a 1-year low of $14.03 and a 1-year high of $44.86.

Amkor Technology Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 13th were given a dividend of $0.0827 per share. This represents a $0.33 annualized dividend and a yield of 1.88%. The ex-dividend date was Thursday, March 13th. Amkor Technology’s payout ratio is 23.08%.

Insider Activity at Amkor Technology

In other Amkor Technology news, 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 transaction of $119,056.41. Following the completion of the transaction, the executive vice president now owns 1,388 shares of the company’s stock, valued at approximately $30,105.72. The trade was a 79.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Agnes C. Kim sold 869,565 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $21.85, for a total transaction of $18,999,995.25. Following the completion of the transaction, the insider now directly owns 10,020,870 shares of the company’s stock, valued at $218,956,009.50. This trade represents a 7.98 % decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th. Needham & Company LLC restated a “buy” rating and set a $34.00 target price on shares of Amkor Technology in a research report on Tuesday, February 11th. Morgan Stanley lowered their target price on shares of Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. B. Riley cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 21st. Finally, Melius lowered Amkor Technology from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $34.00 to $30.00 in a research note on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $31.50.

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.