A share price of AMKOR Technology Inc. [AMKR] is currently trading at $31.44, down -0.98%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMKR shares have gain 11.93% over the last week, with a monthly amount drifted -25.36%, 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 July 01, 2024, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $48. Previously, Needham started tracking the stock with Buy rating on April 09, 2024, and set its price target to $40. On March 14, 2024, Fox Advisors initiated with a Equal Weight rating. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $32 on February 29, 2024. UBS initiated its recommendation with a Buy and recommended $31 as its price target on November 16, 2023. B. Riley Securities started tracking with a Buy rating for this stock on November 16, 2023, and assigned it a price target of $35. In a note dated November 09, 2023, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $27 on this stock.
AMKOR Technology Inc. experienced fluctuations in its stock price throughout the past year between $17.58 and $44.86. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. AMKOR Technology Inc. [NASDAQ: AMKR] shares were valued at $31.44 at the most recent close of the market. An investor can expect a potential return of 33.59% based on the average AMKR price forecast.
Analyzing the AMKR fundamentals
Trailing Twelve Months sales for AMKOR Technology Inc. [NASDAQ:AMKR] were 6.40B which represents 0.24% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.
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 31.08 points at the first support level, and at 30.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.80, and for the 2nd resistance point, it is at 32.16.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AMKOR Technology Inc. [NASDAQ:AMKR] is 2.08. As well, the Quick Ratio is 1.83, while the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 1.21, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 20.69.
Transactions by insiders
Recent insider trading involved Rutten Guillaume Marie Jean, President and CEO, that happened on Jul 15 ’24 when 25000.0 shares were sold. President and CEO, Rutten Guillaume Marie Jean completed a deal on Jun 17 ’24 to sell 25000.0 shares. Meanwhile, Executive Vice President Engel Kevin sold 4921.0 shares on Jun 10 ’24.
