AMKOR Technology Inc [NASDAQ: AMKR] stock went on a downward path that fall over -11.35% on Tuesday, amounting to a one-week price decrease of less than -10.99%.
Over the last 12 months, AMKR stock dropped by -27.33%. The one-year AMKOR Technology Inc stock forecast points to a potential upside of 28.46. The average equity rating for AMKR stock is currently 2.17, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.33 billion, with 246.63 million shares outstanding and 98.88 million shares in the current float. Compared to the average trading volume of 1.26M shares, AMKR stock reached a trading volume of 5330037 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on AMKOR Technology Inc [AMKR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMKR shares is $30.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMKR stock is a recommendation set at 2.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Melius have made an estimate for AMKOR Technology Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 06, 2025. While these analysts kept the previous recommendation, KeyBanc Capital Markets raised their target price to Overweight. The new note on the price target was released on September 20, 2024, representing the official price target for AMKOR Technology Inc stock. Previously, the target price had yet another raise to $48, while JP Morgan analysts kept a Overweight rating on AMKR stock.
The Average True Range (ATR) for AMKOR Technology Inc is set at 1.00, with the Price to Sales ratio for AMKR stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 1.28, with the Price to Cash per share for the same quarter was set at 6.68. Price to Free Cash Flow for AMKR in the course of the last twelve months was 15.43 with Quick ratio for the last quarter at 1.90.
AMKR Stock Performance Analysis:
AMKOR Technology Inc [AMKR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.99. With this latest performance, AMKR shares dropped by -15.58% in over the last four-week period, additionally sinking by -30.95% over the last 6 months – not to mention a drop of -27.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMKR stock in for the last two-week period is set at 27.98, with the RSI for the last a single of trading hit 22.50, and the three-weeks RSI is set at 31.85 for AMKOR Technology Inc [AMKR]. The present Moving Average for the last 50 days of trading for this stock 25.67, while it was recorded at 23.96 for the last single week of trading, and 30.74 for the last 200 days.
Insight into AMKOR Technology Inc Fundamentals:
AMKOR Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.11.
AMKR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AMKOR Technology Inc go to 18.73%.
AMKOR Technology Inc [AMKR] Institutonal Ownership Details
There are presently around $44.79%, or 101.05%% of AMKR stock, in the hands of institutional investors. The top three institutional holders of AMKR stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 14.22 million shares, which is approximately 5.7801%. VANGUARD GROUP INC, holding 13.76 million shares of the stock with an approximate value of $$550.49 million in AMKR stocks shares; and VANGUARD GROUP INC, currently with $$485.71 million in AMKR stock with ownership which is approximately 4.9334%.
