With 1.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.61 million shares. The 52-week range on AMKR shows that it touched its highest point at $44.19 and its lowest point at $14.03 during that stretch. It currently has a 1-year price target of $22.29. With its current market cap of 4.95 billion, AMKR has annualized dividend of $0.32 while the current yield stands at 1.61%. Beta for the stock currently stands at 1.88.
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 up-trending over the past week, with a rise of 14.70%, but this was up by 21.22% over a month. Three-month performance dropped to -7.15% while six-month performance fell -26.65%. The stock lost -37.62% in the past year, while it has lost -21.95% so far this year. A look at the trailing 12-month EPS for AMKR yields 1.28 with Next year EPS estimates of 1.52. For the next quarter, that number is 0.16. This implies an EPS growth rate of -22.86% for this year and 38.21% for next year. EPS is expected to grow by 8.11% 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, 247.06 million AMKR shares are outstanding with a float of 99.90 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.
