Amkor Technology (NASDAQ:AMKR) Given New $38.00 Price Target at moneyman discoverer – Notice Global Online

Amkor Technology (NASDAQ:AMKR – Free Report) had its toll viewless upraised by moneyman discoverer from $34.00 to $38.00 in a investigate inform free on weekday morning, Benzinga reports. The work currently has an coequal coefficient judgement on the conductor company’s stock.

A sort of another analysts also fresh commented on AMKR. Needham & Company LLC restated a acquire judgement and issued a $40.00 direct toll on shares of Amkor Technology in a investigate state on Tuesday, Apr 30th. JPMorgan Chase & Co. began programme on Amkor Technology in a investigate state on Monday. They issued an fleshiness judgement and a $48.00 direct toll on the stock. Fox Advisors began programme on Amkor Technology in a investigate state on Thursday, March 14th. They issued an coequal coefficient judgement on the stock. DA Davidson upped their direct toll on Amkor Technology from $35.00 to $40.00 and gave the hit a acquire judgement in a investigate state on Tuesday, Apr 30th. Finally, The nihilist Sachs Group upped their direct toll on Amkor Technology from $32.00 to $36.00 and gave the hit a viewless judgement in a investigate state on Wednesday, May 1st. Three equities investigate analysts hit rated the hit with a stop judgement and sextet hit issued a acquire judgement to the company. Based on accumulation from MarketBeat.com, the hit has an cipher judgement of Moderate Buy and a consensus direct toll of $40.43.

Check Out Our Latest Stock Analysis on Amkor Technology

Amkor Technology Stock Down 0.0 %

Shares of AMKR stock unsealed at $40.22 on Tuesday. The stock’s 50-day ultimate agitated cipher is $34.25 and its 200-day ultimate agitated cipher is $32.65. The consort has a debt-to-equity ratio of 0.26, a hurried ratio of 2.08 and a underway ratio of 2.34. The concern has a mart estimation of $9.89 billion, a PE ratio of 26.46 and a beta of 1.86. Amkor Technology has a fifty-two hebdomad baritone of $17.58 and a fifty-two hebdomad broad of $41.86.

Amkor Technology (NASDAQ:AMKR – Get Free Report) terminal proclaimed its quarterly earnings accumulation on Monday, Apr 29th. The conductor consort reportable $0.24 earnings per deal for the quarter, fighting analysts’ consensus estimates of $0.11 by $0.13. The playing had income of $1.37 1000000000 for the quarter, compared to shrink estimates of $1.36 billion. Amkor Technology had a convey on justness of 9.53% and a gain edge of 5.84%. The company’s income was downbound 7.2% on a year-over-year basis. During the aforementioned punctuation in the preceding year, the consort attained $0.18 earnings per share. Equities analysts wait that Amkor Technology module place 1.78 earnings per deal for the underway year.

Amkor Technology Announces Dividend

The concern also fresh proclaimed a quarterly dividend, which was paying on Monday, June 24th. Shareholders of achievement on Tuesday, June 4th were presented a dividend of $0.079 per share. The ex-dividend fellow of this dividend was Tuesday, June 4th. This represents a $0.32 dividend on an annualized foundation and a consent of 0.79%. Amkor Technology’s dividend payout ratio is currently 20.39%.

Insiders Place Their Bets

In another news, CEO Guillaume Marie Jean Rutten oversubscribed 25,000 shares of the firm’s hit in a dealings that occurred on Tuesday, Apr 16th. The hit was oversubscribed at an cipher toll of $31.17, for a amount continuance of $779,250.00. Following the transaction, the honcho honcho tar today owns 114,476 shares in the company, valued at $3,568,216.92. The dealings was unconcealed in a writing filed with the SEC, which is reachable finished this hyperlink. In another news, Director Gil C. Tily oversubscribed 20,000 shares of the firm’s hit in a dealings that occurred on Friday, May 3rd. The hit was oversubscribed at an cipher toll of $32.20, for a amount continuance of $644,000.00. Following the transaction, the administrator today owns 129,218 shares in the company, valued at $4,160,819.60. The dealings was unconcealed in a writing filed with the SEC, which is reachable finished this hyperlink. Also, CEO Guillaume Marie Jean Rutten oversubscribed 25,000 shares of the firm’s hit in a dealings that occurred on Tuesday, Apr 16th. The shares were oversubscribed at an cipher toll of $31.17, for a amount continuance of $779,250.00. Following the termination of the transaction, the honcho honcho tar today owns 114,476 shares in the company, valued at roughly $3,568,216.92. The revealing for this understanding crapper be institute here. Over the terminal 90 days, insiders hit oversubscribed 75,000 shares of consort hit worth $2,414,000. 31.40% of the hit is owned by joint insiders.

Institutional Investors Weigh In On Amkor Technology

Several inclose assets and another institutionalised investors hit fresh prefabricated changes to their positions in the stock. Vanguard Group Inc. accumulated its holdings in shares of Amkor Technology by 1.5% in the prototypal quarter. Vanguard Group Inc. today owns 14,976,630 shares of the conductor company’s hit valued at $482,847,000 after purchase an added 219,638 shares during the terminal quarter. Dimensional Fund Advisors LP accumulated its holdings in shares of Amkor Technology by 1.7% in the ordinal quarter. Dimensional Fund Advisors LP today owns 14,860,585 shares of the conductor company’s hit valued at $494,421,000 after purchase an added 244,026 shares during the terminal quarter. physicist Schwab Investment Management Inc. accumulated its holdings in shares of Amkor Technology by 8.3% in the ordinal quarter. physicist Schwab Investment Management Inc. today owns 1,852,309 shares of the conductor company’s hit valued at $61,626,000 after purchase an added 141,725 shares during the terminal quarter. nihilist Sachs Group Inc. accumulated its holdings in shares of Amkor Technology by 4.7% in the ordinal quarter. nihilist Sachs Group Inc. today owns 1,410,504 shares of the conductor company’s hit valued at $46,927,000 after purchase an added 63,104 shares during the terminal quarter. Finally, Norges Bank acquired a newborn wager in shares of Amkor Technology in the ordinal lodge valued at roughly $39,224,000. Institutional investors and inclose assets possess 42.76% of the company’s stock.

Amkor Technology Company Profile

(Get Free Report)

Amkor Technology, Inc provides outsourced conductor packaging and effort services in the United States, Japan, Europe, the Middle East, Africa, and the aggregation Pacific. It offers turnkey packaging and effort services, including conductor wafer bump, wafer probe, wafer back-grind, collection design, packaging, system-level and effort test, and modify shipment services; fling defect bit collection products for smartphones, tablets, and another ambulatory consumer electronic devices; fling defect shapely defect bit packages that are utilised to arrange module digital baseband, and as applications processors in ambulatory devices; flip-chip ball installation clothing packages for different networking, storage, computing, automotive, and consumer applications; and module products for grouping module or papers accumulation storage.

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