With 2.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.59 million shares. The 52-week range on AMKR shows that it touched its highest point at $44.19 and its lowest point at $19.93 during that stretch. It currently has a 1-year price target of $29.33. With its current market cap of 5.11 billion, AMKR has annualized dividend of $0.32 while the current yield stands at 1.54%. Beta for the stock currently stands at 1.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMKR was down-trending over the past week, with a drop of -6.41%, but this was down by -13.58% over a month. Three-month performance dropped to -20.44% while six-month performance fell -36.06%. The stock lost -36.39% in the past year, while it has lost -19.35% so far this year. A look at the trailing 12-month EPS for AMKR yields 1.43 with Next year EPS estimates of 2.01. For the next quarter, that number is 0.09. This implies an EPS growth rate of 0.31% for this year and 40.35% for next year. EPS is expected to grow by 15.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.20%.
Float and Shares Shorts:
At present, 246.68 million AMKR shares are outstanding with a float of 99.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMKR since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.40492 being high and $1.37481 being low. For AMKR, this leads to a yearly average estimate of $1.38485. Based on analyst estimates, the high estimate for the next quarter is $0.26 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.16.
Summary of Insider Activity:
Insiders traded AMKR stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
