After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Amkor Technology Inc. (AMKR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -0.23%, to $21.80. The Amkor Technology Inc. has recorded 29,885 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Amkor Technology Reports Financial Results for the First Quarter 2023.
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AMKR belongs to the Technology sector of the NASDAQ while operating in the Semiconductors industry. The current market capitalization of Amkor Technology Inc. is $5.42B. A total of 0.86 million shares were traded on the day, compared to an average of 943.72K shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AMKR has seen 35 BUY and 26 SELL insider trades, representing the acquisition of 4,210,845 and the disposition of 2,152,022 shares. Over the last 12 months, there were 87 BUYs and 79 SELLs from insiders. Insiders purchased 6,315,529 shares during that period but sold 12,811,805.
In the most recent transaction, Faust Megan sold 6,000 shares of AMKR for 23.29 per share on Apr 20. After the transaction, the CFO now owns 35,394 company shares. In a previous transaction on Apr 17, Rutten Guillaume Marie Jean sold 30,000 shares at 23.92 per share. AMKR shares that President and CEO owns now total 119,808.
Among the insiders who sold shares, Faust Megan disposed of 6,000 shares on Mar 16 at a per-share price of $24.08. This resulted in the CFO holding 35,394 shares of AMKR after the transaction. In another insider transaction, Rutten Guillaume Marie Jean sold 30,000 shares at $24.19 per share on Mar 15. Company shares held by the President and CEO now total 134,808.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Amkor Technology Inc. pays an annual dividend of $0.30, resulting in a dividend yield of 1.37%, and it has a price to earnings (P/E) ratio of 8.40. AMKR’s most recent ex-dividend date was 2/27/2023 when it declared a $0.0750 quarterly dividend that was paid in cash on 3/20/2023. Previously, the company paid the dividend on 12/27/2022 with an ex-dividend date of 12/5/2022. The AMKR stock dividend was $0.0750 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AMKR in the last 3 months, the mean price target is $28.70 with high estimates of $32.00 and low estimates of $25.00. In terms of 52-week highs and lows, AMKR has a high of $31.38 and a low of $14.89.
As of this writing, AMKR has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.22 per share and a lower estimate of $0.19. The company reported an EPS of $0.67 in the last quarter, which was -4.30% lower than expectations of $0.7.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AMKR’s latest balance sheet shows that the firm has $1.08B in Cash & Short Term Investments as of fiscal 2021. There were $1.29B in debt and $1.68B in liabilities at the time. Its Book Value Per Share was $15.07, while its Total Shareholder’s Equity was $2.97B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMKR is Buy with a score of 5.00.