Amkor Technology Shares Jump 1.7% as Q1 EPS Seen Soaring 155.6%
Amkor Technology shares climbed 1.67% to $43.94, outperforming the S&P 500’s 0.21% drop despite a 17.7% decline over the past month. Analysts estimate first-quarter EPS of $0.23, up 155.6% year-over-year, and revenue of $1.65 billion, up 25%, while the forward P/E of 26.6 trails the industry average of 36.6.
1. Intraday Share Performance
Amkor Technology shares rose 1.67% to close at $43.94, significantly outpacing the S&P 500’s 0.21% loss, the Dow’s 0.07% decline and the Nasdaq’s 0.01% gain on the day.
2. Monthly and Sector Trends
Over the past month, the stock has fallen 17.7%, underperforming the Computer and Technology sector’s 3.04% drop and the S&P 500’s 2.26% decline.
3. Analysts’ Q1 Forecasts
Consensus estimates call for first-quarter EPS of $0.23, a 155.6% year-over-year increase, on revenue of $1.65 billion, up 25%. Full-year projections envisage EPS of $1.62 (+8%) and revenue of $7.26 billion (+8.2%).
4. Valuation and Rating
Shares trade at a forward P/E of 26.62, below the industry average of 36.63, and carry a hold rating. The semiconductors industry ranks in the top third among more than 250 industries.