Amkor Know-how (NASDAQ:AMKR) Given New $38.00 Worth Goal at Morgan Stanley


Amkor Know-how (NASDAQ:AMKR – Free Report) had its worth goal raised by Morgan Stanley from $34.00 to $38.00 in a analysis report launched on Tuesday morning, Benzinga experiences. The brokerage presently has an equal weight ranking on the semiconductor firm’s inventory.

A variety of different analysts additionally just lately commented on AMKR. Needham & Firm LLC restated a purchase ranking and issued a $40.00 goal worth on shares of Amkor Know-how in a analysis word on Tuesday, April thirtieth. JPMorgan Chase & Co. started protection on Amkor Know-how in a analysis word on Monday. They issued an obese ranking and a $48.00 goal worth on the inventory. Fox Advisors started protection on Amkor Know-how in a analysis word on Thursday, March 14th. They issued an equal weight ranking on the inventory. DA Davidson upped their goal worth on Amkor Know-how from $35.00 to $40.00 and gave the inventory a purchase ranking in a analysis word on Tuesday, April thirtieth. Lastly, The Goldman Sachs Group upped their goal worth on Amkor Know-how from $32.00 to $36.00 and gave the inventory a impartial ranking in a analysis word on Wednesday, Might 1st. Three equities analysis analysts have rated the inventory with a maintain ranking and 6 have issued a purchase ranking to the corporate. Based mostly on information from MarketBeat.com, the inventory has a mean ranking of Average Purchase and a consensus goal worth of $40.43.

Test Out Our Newest Inventory Evaluation on Amkor Know-how

Amkor Know-how Inventory Down 0.0 %

Shares of AMKR inventory opened at $40.22 on Tuesday. The inventory’s 50-day easy transferring common is $34.25 and its 200-day easy transferring common is $32.65. The corporate has a debt-to-equity ratio of 0.26, a fast ratio of two.08 and a present ratio of two.34. The agency has a market capitalization of $9.89 billion, a PE ratio of 26.46 and a beta of 1.86. Amkor Know-how has a fifty-two week low of $17.58 and a fifty-two week excessive of $41.86.

Amkor Know-how (NASDAQ:AMKR – Get Free Report) final introduced its quarterly earnings information on Monday, April twenty ninth. The semiconductor firm reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The enterprise had income of $1.37 billion for the quarter, in comparison with analyst estimates of $1.36 billion. Amkor Know-how had a return on fairness of 9.53% and a internet margin of 5.84%. The corporate’s income was down 7.2% on a year-over-year foundation. Throughout the identical interval within the prior yr, the corporate earned $0.18 earnings per share. Equities analysts anticipate that Amkor Know-how will submit 1.78 earnings per share for the present yr.

Amkor Know-how Broadcasts Dividend

The agency additionally just lately declared a quarterly dividend, which was paid on Monday, June twenty fourth. Shareholders of file on Tuesday, June 4th got a dividend of $0.079 per share. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a $0.32 dividend on an annualized foundation and a yield of 0.79%. Amkor Know-how’s dividend payout ratio is presently 20.39%.

Insiders Place Their Bets

In different information, CEO Guillaume Marie Jean Rutten bought 25,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, April sixteenth. The inventory was bought at a mean worth of $31.17, for a complete worth of $779,250.00. Following the transaction, the chief govt officer now owns 114,476 shares within the firm, valued at $3,568,216.92. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. In different information, Director Gil C. Tily bought 20,000 shares of the agency’s inventory in a transaction that occurred on Friday, Might third. The inventory was bought at a mean worth of $32.20, for a complete worth of $644,000.00. Following the transaction, the director now owns 129,218 shares within the firm, valued at $4,160,819.60. The transaction was disclosed in a doc filed with the SEC, which is accessible by this hyperlink. Additionally, CEO Guillaume Marie Jean Rutten bought 25,000 shares of the agency’s inventory in a transaction that occurred on Tuesday, April sixteenth. The shares have been bought at a mean worth of $31.17, for a complete worth of $779,250.00. Following the completion of the transaction, the chief govt officer now owns 114,476 shares within the firm, valued at roughly $3,568,216.92. The disclosure for this sale may be discovered right here. Over the past 90 days, insiders have bought 75,000 shares of firm inventory value $2,414,000. 31.40% of the inventory is owned by company insiders.

Institutional Buyers Weigh In On Amkor Know-how

A number of hedge funds and different institutional buyers have just lately made adjustments to their positions within the inventory. Vanguard Group Inc. elevated its holdings in shares of Amkor Know-how by 1.5% within the first quarter. Vanguard Group Inc. now owns 14,976,630 shares of the semiconductor firm’s inventory valued at $482,847,000 after buying a further 219,638 shares over the last quarter. Dimensional Fund Advisors LP elevated its holdings in shares of Amkor Know-how by 1.7% within the fourth quarter. Dimensional Fund Advisors LP now owns 14,860,585 shares of the semiconductor firm’s inventory valued at $494,421,000 after buying a further 244,026 shares over the last quarter. Charles Schwab Funding Administration Inc. elevated its holdings in shares of Amkor Know-how by 8.3% within the fourth quarter. Charles Schwab Funding Administration Inc. now owns 1,852,309 shares of the semiconductor firm’s inventory valued at $61,626,000 after buying a further 141,725 shares over the last quarter. Goldman Sachs Group Inc. elevated its holdings in shares of Amkor Know-how by 4.7% within the fourth quarter. Goldman Sachs Group Inc. now owns 1,410,504 shares of the semiconductor firm’s inventory valued at $46,927,000 after buying a further 63,104 shares over the last quarter. Lastly, Norges Financial institution acquired a brand new stake in shares of Amkor Know-how within the fourth quarter valued at roughly $39,224,000. Institutional buyers and hedge funds personal 42.76% of the corporate’s inventory.

Amkor Know-how Firm Profile

(Get Free Report)

Amkor Know-how, Inc gives outsourced semiconductor packaging and take a look at companies in the US, Japan, Europe, the Center East, Africa, and the Asia Pacific. It provides turnkey packaging and take a look at companies, together with semiconductor wafer bump, wafer probe, wafer back-grind, bundle design, packaging, system-level and closing take a look at, and drop cargo companies; flip chip scale bundle merchandise for smartphones, tablets, and different cell shopper digital gadgets; flip chip stacked chip scale packages which can be used to stack reminiscence digital baseband, and as purposes processors in cell gadgets; flip-chip ball grid array packages for varied networking, storage, computing, automotive, and shopper purposes; and reminiscence merchandise for system reminiscence or platform information storage.

Featured Articles

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)



Obtain Information & Rankings for Amkor Know-how Day by day – Enter your electronic mail deal with beneath to obtain a concise each day abstract of the newest information and analysts’ scores for Amkor Know-how and associated corporations with MarketBeat.com’s FREE each day electronic mail e-newsletter.

Leave a Comment