For its second fiscal quarter (ending June 30), Amkor Technology Inc (NASDAQ: AMKR) has reported E.P.S. of $0.27 compared to $0.26 a year ago. E.P.S. were $1.53 for the latest four quarters through June 30 versus $2.37 for the same period a year ago.
Recent Price Action
On 7/29/24, Amkor Technology Inc (NASDAQ: AMKR) stock declined modestly by -1.4%, closing at $37.60. Moreover, this decline was accompanied by unusually high trading volume at 166% of normal. The stock has declined -5.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AMKR is expected to continue to be an important Value Builder.
Amkor Technology has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Amkor Technology has a slightly positive Appreciation Score of 64 and a good Power Rating of 76, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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