Analyst Ratings for Amkor Technology Inc. (AMKR)Updated: 2017-07-27
Analysts covering Amkor Technology Inc. (NASDAQ:AMKR) have given it a consensus rating of Hold. About 30 days ago, AMKR was issued an average rating of Hold.
0 analysts declared AMKR a buy, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for AMKR. The most optimistic analyst gave a price target of 12, which equates to a potential upside of 8.01 percent. The minimum price target given was 9.5, which equates to a potential downside of -14.49 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 33.12 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9.8 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of AMKR's earnings is estimated by analysts to be 8.1 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AMKR is 2.11.
AMKR has a 52-week high of 12.48 and a 52-week low of 6.24. Currently the stock is 78.04 percent higher than its low, and 10.98 percent lower than its 52-week high. AMKR has a P/E ratio of 17.08. Investors typically compare the P/E ratio to a company's peers in the industry. The AMKR value stock report compares AMKR to some of its peers using value stock charts. The stock has a market capitalization of $2.64 billion. AMKR's next earnings release will be on 0000-00-00, which is days away.