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Analyst Scoreboard: 7 Ratings For Amkor Tech
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Analyst Scoreboard: 7 Ratings For Amkor Tech
Jun 20, 2024 7:29 AM

Analysts' ratings for Amkor Tech ( AMKR ) over the last quarter vary from bullish to bearish, as provided by 7 analysts.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 0 2 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 3 0 2 0 0
3M Ago 1 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $40.71, a high estimate of $50.00, and a low estimate of $34.00. This current average has increased by 7.61% from the previous average price target of $37.83.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Amkor Tech ( AMKR ) among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Craig Ellis B. Riley Securities Raises Buy $50.00 $45.00
Toshiya Hari Goldman Sachs Raises Neutral $36.00 $32.00
Charles Shi Needham Maintains Buy $40.00 $40.00
Thomas Diffely DA Davidson Raises Buy $40.00 $35.00
Joseph Moore Morgan Stanley Raises Equal-Weight $34.00 $32.00
Craig Ellis B. Riley Securities Raises Buy $45.00 $43.00
Charles Shi Needham Announces Buy $40.00 -

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Amkor Tech. ( AMKR ) This offers insight into analysts' perspectives on the current state of the company.

Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Amkor Tech ( AMKR ) compared to the broader market.

Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Amkor Tech's ( AMKR ) stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Amkor Tech's ( AMKR ) market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Amkor Tech ( AMKR ) analyst ratings.

About Amkor Tech

Amkor Technology Inc ( AMKR ) is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two categories namely advanced products that include flip chip, fine pitch bumping, wafer-level processing, advanced SiPs, power modules, and others, and Mainstream products that includes wirebond packaging and testing. The company derives maximum revenue from the advanced products category. The company derives majority of its revenue from Foreign states.

Amkor Tech: Delving into Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Negative Revenue Trend: Examining Amkor Tech's ( AMKR ) financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -7.21% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Amkor Tech's ( AMKR ) financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 4.31%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.48%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Amkor Tech's ( AMKR ) financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.88%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.32.

The Significance of Analyst Ratings Explained

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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