Amkor Technology (NASDAQ:AMKR) shares traded -4.16% down during most recent session to reach at the closing price of $8.53. The stock exchanged hands 1.14 Million shares versus average trading capacity of 1.24 Million shares, yielding a market cap of $2.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.92 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Amkor Technology (NASDAQ:AMKR) high price target of $10.5 and with a conservative view have low price target of $9.25.
Citigroup “Maintained” Amkor Technology (NASDAQ:AMKR) in a research note issued to investors on 8/03/16 to Sell with price target of $6.2.
Additionally on 5/25/16 Citigroup “Downgrades” Amkor Technology (NASDAQ:AMKR) to Sell and on 9/15/15 Citigroup “Downgrades” the stock to Neutral at $5.8. Furthermore on 2/10/15 Deutsche Bank “Maintained” the stock to Hold at $8.
On the other hand the company has Relative Strength Index (RSI 14) of 25.51 along with Average True Range (ATR 14) of 0.37, Consequently Amkor Technology (NASDAQ:AMKR)’s weekly and monthly volatility is 3.06%, 3.80% respectively. The company’s beta value is at 2.57.
In terms of Buy, Sell or Hold recommendations, Amkor Technology (NASDAQ:AMKR) has analysts’ mean recommendation of 3.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Amkor Technology (NASDAQ:AMKR)’s minimum EPS for the current quarter is at $0.19 and can go high up to $0.22. The consensus mean EPS for the current quarter is at $0.2 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.25 earnings per share for the same quarter during last year.
Previously Amkor Technology (NASDAQ:AMKR) reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The company posted an earnings surprise of 16.7%.
While considering growth estimates of the company, it has next quarter growth estimates of -42.9% whereas during current quarter it has -20% estimations over growth, comparing to the estimations of -21.7% during current year and 37% for next year. Past 5 years growth of Amkor Technology (NASDAQ:AMKR) observed at -2.24%, looking forward for the next 5 years it has a strong prediction of 10.79% over growth.
Amkor Technology (NASDAQ:AMKR)’s revenue estimates for the current quarter are $1.08 Billion according to 2 number of analysts, for the current quarter the company has high revenue estimates of $1.08 Billion in contradiction of low revenue estimates of $1.08 Billion. For the current year the company’s revenue estimates are $4.08 Billion compared to low analyst estimates of $4.08 Billion and high estimates of $4.08 Billion according to 2 number of analysts.
Currently Amkor Technology (NASDAQ:AMKR)’s shares owned by insiders are 13.4%, whereas shares owned by institutional owners are 40.2%. However the six-month change in the insider ownership was recorded -0.87%, as well as three-month change in the institutional ownership was recorded 0.04%.
Amkor Technology (NASDAQ:AMKR) 52-week high price stands at $12.48 and low price stands at $8.19, its price distance from 52-week high is -31.65% while its distance from 52-week low price is 4.15%. The stock hit its 52-week high on 04/27/17, and 52-week low on 09/12/16.
Amkor Technology (NASDAQ:AMKR)’s trailing twelve month revenues are $4.01 Billion, whereas its price to sales ratio for the same period is 0.51. Its book value per share for the most recent quarter is $6.3 while its price to book ratio for the same period is 1.35, as for as the company’s cash per share for the most recent quarter is $2.72, however its price to cash per share ratio for the same period is 3.13. The stock has 5 year expected PEG ratio of 0.71 whereas its trailing twelve month P/E ratio is 7.68.