$0.19 EPS Expected for Amkor Technology, Inc. (AMKR)

October 29, 2017 – By Adrian Erickson

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.28, from 1.06 in 2017Q1. It dropped, as 26 investors sold Amkor Technology, Inc. shares while 64 reduced holdings. 25 funds opened positions while 45 raised stakes. 91.58 million shares or 0.60% less from 92.14 million shares in 2017Q1 were reported.
Millennium Limited Liability Company accumulated 52,026 shares. Legal General Grp Public Ltd invested in 166,814 shares or 0% of the stock. 241,510 were accumulated by Piermont Mngmt. 253,717 are held by Vident Invest Advisory Llc. Parkwood Limited has 19,055 shares. Eagle Glob Advisors Ltd Company has invested 0% in Amkor Technology, Inc. (NASDAQ:AMKR). California-based California State Teachers Retirement System has invested 0% in Amkor Technology, Inc. (NASDAQ:AMKR). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Amkor Technology, Inc. (NASDAQ:AMKR). Herndon Mgmt Ltd accumulated 0% or 659 shares. Metropolitan Life Insurance Com accumulated 67,848 shares or 0% of the stock. Alliancebernstein L P stated it has 0% of its portfolio in Amkor Technology, Inc. (NASDAQ:AMKR). Cookson Peirce Co holds 0.01% or 13,260 shares in its portfolio. State Street holds 0% of its portfolio in Amkor Technology, Inc. (NASDAQ:AMKR) for 2.29M shares. First Tru Advsrs L P holds 282,349 shares or 0.01% of its portfolio. 12,478 are held by Panagora Asset Mgmt.

Since May 11, 2017, it had 0 insider buys, and 4 selling transactions for $2.62 million activity. Shares for $147,422 were sold by CHURCHILL WINSTON J on Thursday, May 18. Tily Gil C. had sold 87,500 shares worth $1.04 million. On Thursday, June 8 Kelley Stephen Douglas sold $1.31 million worth of Amkor Technology, Inc. (NASDAQ:AMKR) or 108,510 shares.

Wall Street await Amkor Technology, Inc. (NASDAQ:AMKR) to release earnings on October, 30. Analysts forecast EPS of $0.19, down exactly $0.06 or 24.00 % from 2014’s $0.25 EPS. The expected AMKR’s profit could reach $45.46 million giving the stock 14.41 P/E in the case that $0.19 earnings per share is reported. After posting $0.14 EPS for the previous quarter, Amkor Technology, Inc.’s analysts now forecast 35.71 % EPS growth. The stock increased 0.55% or $0.06 on October 27, reaching $10.95. About 712,275 shares traded. Amkor Technology, Inc. (NASDAQ:AMKR) has risen 96.42% since October 29, 2016 and is uptrending. It has outperformed by 79.72% the S&P500.

Amkor Technology, Inc. (NASDAQ:AMKR) Ratings Coverage

Among 3 analysts covering Amkor (NASDAQ:AMKR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Amkor had 8 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) has “Outperform” rating given on Friday, August 21 by Credit Suisse. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) earned “Buy” rating by Topeka Capital Markets on Tuesday, July 28. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) earned “Outperform” rating by Credit Suisse on Monday, August 24. The rating was upgraded by Zacks on Tuesday, August 25 to “Sell”. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Sell”. The firm has “Buy” rating given on Thursday, April 28 by Topeka Capital Markets. Citigroup downgraded the shares of AMKR in report on Wednesday, May 25 to “Sell” rating. The firm has “Neutral” rating given on Tuesday, September 15 by Citigroup.

Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and test services. The company has market cap of $2.62 billion. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance. It has a 9.85 P/E ratio. It provides packaging and test services, including semiconductor wafer bump, wafer probe, wafer backgrind, package design, packaging, system-level, and final test and drop shipment services.

More important recent Amkor Technology, Inc. (NASDAQ:AMKR) news were published by: Businesswire.com which released: “Amkor Technology to Announce Third Quarter 2017 Financial Results on October …” on October 23, 2017, also Nasdaq.com published article titled: “First Week of June 2018 Options Trading For Amkor Technology (AMKR)”, Nasdaq.com published: “Amkor (AMKR) Q3 Earnings to Benefit from End Market Demand” on October 26, 2017. More interesting news about Amkor Technology, Inc. (NASDAQ:AMKR) was released by: Prnewswire.com and their article: “Technical Research on Semiconductor Equities — Amkor Technology, Marvell …” with publication date: October 20, 2017.