DA Davidson Forecasts Stronger Earnings for Amkor Technology

Amkor Technology, Inc. (NASDAQ:AMKR) – Analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of Amkor Technology in a research report issued on Tuesday, October 28th. DA Davidson analyst T. Diffely now anticipates that the semiconductor company will post earnings per share of $1.24 for the year, up from their prior estimate of $1.15. DA Davidson currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for Amkor Technology’s current full-year earnings is $1.47 per share.

AMKR has been the topic of several other research reports. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday. Needham & Company LLC lifted their price objective on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group upped their price target on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.63.

Amkor Technology Stock Down 2.4%

Shares of NASDAQ AMKR opened at $31.92 on Thursday. The firm has a fifty day simple moving average of $28.30 and a two-hundred day simple moving average of $23.05. Amkor Technology has a 12 month low of $14.03 and a 12 month high of $33.82. The company has a current ratio of 1.77, a quick ratio of 1.70 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $7.89 billion, a PE ratio of 25.54 and a beta of 1.98.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AMKR. Royal Bank of Canada lifted its stake in shares of Amkor Technology by 100.6% in the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after buying an additional 3,454,012 shares in the last quarter. SW Investment Management LLC lifted its position in Amkor Technology by 89.3% in the 1st quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after acquiring an additional 1,250,000 shares in the last quarter. AQR Capital Management LLC lifted its position in Amkor Technology by 38.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock valued at $74,541,000 after acquiring an additional 985,727 shares in the last quarter. Invesco Ltd. boosted its stake in Amkor Technology by 201.4% during the 1st quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after purchasing an additional 911,886 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Amkor Technology by 30.0% in the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after purchasing an additional 880,738 shares in the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amkor Technology news, EVP Farshad Haghighi sold 11,792 shares of Amkor Technology stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total transaction of $294,800.00. Following the completion of the transaction, the executive vice president owned 8,354 shares in the company, valued at approximately $208,850. The trade was a 58.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total value of $307,400.00. Following the completion of the sale, the chief executive officer directly owned 356,699 shares in the company, valued at approximately $10,964,927.26. This represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 31,792 shares of company stock valued at $902,200. 26.90% of the stock is owned by corporate insiders.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were paid a $0.0827 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 annualized dividend and a dividend yield of 1.0%. Amkor Technology’s dividend payout ratio is presently 26.40%.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.