Is It the fundamentals that draw people into Amtech Systems Inc. [ASYS]

Amtech Systems Inc. [ASYS] stock is up 5.83 while the S&P 500 has risen 1.11% on Tuesday, 12/01/20. While at the time of this article, ASYS ATR is sitting at 0.34, with the beta value at 1.49. This stock’s volatility for the past week remained at 5.71%, while it was 5.80% for the past 30-day period. ASYS has risen $0.36 from the previous closing price of $6.17 on volume of 0.21 million shares.

On 19, November 2020, Amtech Reports Fourth Quarter Fiscal 2020 Results. According to news published on Yahoo Finance, Amtech Systems, Inc. (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power devices, analog and discrete devices, electronic assemblies and light-emitting diodes (LEDs), today reported results for its fourth quarter ended September 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Amtech Systems Inc. [NASDAQ:ASYS] stock was on November 21, 2017, when it was Reiterated with a Buy rating from The Benchmark Company, which also raised its 12-month price target on the stock from $12 to $18. On August 04, 2017, ROTH Capital Initiated a Buy rating and boosted its price target on this stock to $12. On May 11, 2017, The Benchmark Company Reiterated a Buy rating and increased its price target from $8 to $10. On April 26, 2017, The Benchmark Company Upgrade a Buy rating and increased its price target to $8. On November 18, 2016, The Benchmark Company Downgrade a Hold rating and boosted its amount on this stock to $5. On May 06, 2016, The Benchmark Company Reiterated a Buy rating and decreased its target amount on this stock from $9.50 to $8.90. On February 05, 2016, Stifel Reiterated a Buy rating and amplified its amount target to $9.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.55 and a peak of $7.96. Right now, according to Wall Street analyst the average 12-month amount target is $6.50. At the most recent market close, shares of Amtech Systems Inc. [NASDAQ:ASYS] were valued at $6.53. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

Amtech Systems Inc. [NASDAQ:ASYS] most recently reported quarterly sales of 15.08 billion, which represented growth of -25.20%. This publicly-traded organization’s revenue is $221,159 per employee, while its income is -$13,199 per employee. This company’s Gross Margin is currently 37.30%, its Operating Margin is -5.00%, its Pretax Margin is -4.76, and its Net Margin is -5.97. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -3.42, -4.62, -0.70 and -4.25 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 11.28 and the whole liability to whole assets at 10.15. It shows enduring liability to the whole principal at 10.73 and enduring liability to assets at 0.10 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 6.17 points at 1st support level, the second support level is making up to 5.80. But as of 1st resistance point, this stock is sitting at 6.74 and at 6.95 for 2nd resistance point.

Amtech Systems Inc. [ASYS] reported its earnings at -$0.14 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.08/share signifying the difference of -0.06 and -75.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.01 calling estimates for -$0.08/share with the difference of 0.07 depicting the surprise of 87.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Amtech Systems Inc. [NASDAQ:ASYS] is 10.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 6.03. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.06 and it’s amount to book ratio is 0.84.

Insider Stories

The most recent insider trade was by Averick Robert M, Director, and it was the purchase of 50000.0 shares on Aug 10. WHANG JONG S, the Executive Chairman, completed a purchase of 5115.0 shares on Mar 13. On Mar 02, GIBBS LISA, VP and Chief Financial Officer, completed a purchase of 2000.0 shares.