AMKOR Technology Inc. [AMKR] stock is trading at $30.12, up 4.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMKR shares have gain 1.45% over the last week, with a monthly amount drifted -4.20%, 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. [AMKR] stock has fluctuated between $17.58 and $44.86 over the past year. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. AMKOR Technology Inc. [NASDAQ: AMKR] shares were valued at $30.12 at the most recent close of the market. An investor can expect a potential return of 39.44% based on the average AMKR price forecast.
Analyzing the AMKR fundamentals
AMKOR Technology Inc. [NASDAQ:AMKR] reported sales of 6.40B for the trailing twelve months, which represents a growth of 0.24%. 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 of0.29.
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 29.11 points at the first support level, and at 28.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.66, and for the 2nd resistance point, it is at 31.20.
Ratios To Look Out For
For context, AMKOR Technology Inc.’s Current Ratio is 2.08. In addition, the Quick Ratio stands at 1.83 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 19.82.
Transactions by insiders
Recent insider trading involved CHURCHILL WINSTON J, Director, that happened on Aug 27 ’24 when 20000.0 shares were sold. Director, CHURCHILL WINSTON J completed a deal on Aug 27 ’24 to buy 20000.0 shares. Meanwhile, President and CEO Rutten Guillaume Marie Jean sold 25000.0 shares on Aug 15 ’24.
