Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts have a generally positive outlook for AMKR in 2024, citing the company's position in the semiconductor space and its potential to benefit from increasing chip demand and AI adoption. The company is expected to see a 6.6% year-over-year increase in sales, a 55% increase in EPS, and has demonstrated good sales growth and profit margin expansion. With a reasonable valuation, strong balance sheet, and good cash position, the company is seen as a moderately growing semi stock with strong fundamentals and downside protection.

Consensus
Positive
Valuation
Fair Value
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The outlook for AMKR in 2024 is generally positive, as it operates in the semiconductor space and can benefit from rising chip demand, AI adoption, and other emerging technologies. Analysts expect sales of $6.86B in FY2024, a 6.6% year-over-year increase, and EPS of $2.16, a 55% increase for the year. 

AMKR pays a small yield of 1%, and has demonstrated good sales growth, although somewhat lumpy, but good profit margin expansion. For a company in the semiconductor space, it trades at a reasonable valuation of 1.1X forward sales and 16.7X forward P/E. It has a strong balance sheet, a good cash position, and for a moderately growing semi stock with a conservative balance sheet, we think it looks good. We do not expect significant price appreciation from the name, but it has strong fundamentals and its balance sheet can provide some downside protection. We would be comfortable buying the name here, or slightly lower in the high $20's range.
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electrical / electronic
TOP PICK
Very volatile. Treat as a trading stock. Was hit based on poor guidance and poor margins. 8 X earnings.
electrical / electronic
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Amkor Technology Inc(AMKR-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Amkor Technology Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Amkor Technology Inc(AMKR-Q) Frequently Asked Questions

What is Amkor Technology Inc stock symbol?

Amkor Technology Inc is a American stock, trading under the symbol AMKR-Q on the NASDAQ (AMKR). It is usually referred to as NASDAQ:AMKR or AMKR-Q

Is Amkor Technology Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about AMKR-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Amkor Technology Inc.

Is Amkor Technology Inc a good investment or a top pick?

Amkor Technology Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Amkor Technology Inc.

Why is Amkor Technology Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Amkor Technology Inc worth watching?

In the last year 1 stock analyst on Stockchase covered Amkor Technology Inc. The stock is worth watching.

What is Amkor Technology Inc stock price?

On 2024-03-28, Amkor Technology Inc (AMKR-Q) stock closed at a price of $32.21.