AMKOR Technology Inc. [AMKR] stock prices are down -3.52% to $32.37 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AMKR shares have gain 5.03% over the last week, with a monthly amount drifted -2.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
AMKOR Technology Inc. [NASDAQ: AMKR] stock has seen the most recent analyst activity on April 09, 2024, when Needham initiated its Buy rating and assigned the stock a price target of $40. On February 29, 2024, Goldman initiated with a Neutral rating and assigned a price target of $32 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $31 on November 16, 2023. B. Riley Securities initiated its recommendation with a Buy and recommended $35 as its price target on November 16, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on November 09, 2023, and assigned it a price target of $27. In a note dated June 30, 2022, DA Davidson initiated an Buy rating and provided a target price of $30 on this stock.
The stock price of AMKOR Technology Inc. [AMKR] has been fluctuating between $17.58 and $37.00 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. AMKOR Technology Inc. [NASDAQ: AMKR] shares were valued at $32.37 at the most recent close of the market. An investor can expect a potential return of 8.12% based on the average AMKR price forecast.
Analyzing the AMKR fundamentals
The AMKOR Technology Inc. [NASDAQ:AMKR] reported sales of 6.50B for trailing twelve months, representing a drop of -8.10%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.98 points at the first support level, and at 31.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.06, and for the 2nd resistance point, it is at 33.75.
Ratios To Look Out For
It’s worth pointing out that AMKOR Technology Inc. [NASDAQ:AMKR]’s Current Ratio is 2.31. Further, the Quick Ratio stands at 2.02, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 22.23.
Transactions by insiders
Recent insider trading involved Rutten Guillaume Marie Jean, President and CEO, that happened on Mar 15 ’24 when 25000.0 shares were sold. CFO, Faust Megan completed a deal on Mar 15 ’24 to sell 2800.0 shares. Meanwhile, Director CHURCHILL WINSTON J sold 11903.0 shares on Mar 07 ’24.
