Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Amkor Technology (AMKR) Stock Price

Media coverage about Amkor Technology (NASDAQ:AMKR) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Amkor Technology earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.8973421985031 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Amkor Technology opened at $8.95 on Friday, MarketBeat reports. The stock has a market capitalization of $2.15 billion, a P/E ratio of 15.43 and a beta of 2.46. Amkor Technology has a 52-week low of $8.19 and a 52-week high of $11.88. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.08 and a current ratio of 1.28.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Thursday, April 26th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.01). The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. Amkor Technology had a net margin of 6.52% and a return on equity of 9.55%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.06) EPS. equities research analysts forecast that Amkor Technology will post 0.57 EPS for the current fiscal year.

A number of research firms have recently commented on AMKR. Zacks Investment Research cut Amkor Technology from a “hold” rating to a “sell” rating in a research report on Monday, April 30th. Citigroup cut their target price on Amkor Technology from $9.25 to $8.75 and set a “sell” rating on the stock in a research report on Monday, April 30th. BidaskClub upgraded Amkor Technology from a “sell” rating to a “hold” rating in a research report on Friday, April 13th. Finally, ValuEngine cut Amkor Technology from a “buy” rating to a “hold” rating in a research report on Saturday, April 7th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. Amkor Technology presently has an average rating of “Hold” and a consensus price target of $9.63.

Amkor Technology Company Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services.

Insider Buying and Selling by Quarter for Amkor Technology (NASDAQ:AMKR)

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