There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Amkor Technology Inc. (AMKR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.04%, to $28.17. The Amkor Technology Inc. has recorded 57,200 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Amkor Technology to Ring the Nasdaq Stock Market Closing Bell in Celebration of Its 55th Anniversary and 25th Anniversary as a Public Company.
As a NASDAQ listed company, AMKR falls under the Technology sector while operating within the Semiconductor Equipment & Materials industry segment. At the end of the last regular session, the stock closed at $28.16 and fluctuated between $28.31 as its day high and $27.82 as its day low. The current market capitalization of Amkor Technology Inc. is $6.87B. A total of 0.52 million shares were traded on the day, compared to an average of 945.55K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AMKR has seen 7 BUY and 16 SELL insider trades, representing the acquisition of 1,892,186 and the disposition of 5,623,285 shares. Over the last 12 months, there were 88 BUYs and 86 SELLs from insiders. Insiders purchased 18,230,832 shares during that period but sold 26,480,513.
In the most recent transaction, Faust Megan sold 2,700 shares of AMKR for 24.79 per share on Aug 18. After the transaction, the CFO now owns 35,394 company shares. In a previous transaction on Jul 21, Faust Megan sold 2,700 shares at 28.41 per share. AMKR shares that CFO owns now total 35,394.
Among the insiders who sold shares, Faust Megan disposed of 2,700 shares on Jun 16 at a per-share price of $26.38. This resulted in the CFO holding 35,394 shares of AMKR after the transaction. In another insider transaction, Faust Megan sold 2,700 shares at $26.55 per share on Jun 09. Company shares held by the CFO now total 35,394.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Amkor Technology Inc. pays an annual dividend of $0.30, resulting in a dividend yield of 1.07%, and it has a price to earnings (P/E) ratio of 11.97. AMKR’s most recent ex-dividend date was 9/1/2023 when it declared a $0.0750 quarterly dividend that was paid in cash on 9/25/2023. Previously, the company paid the dividend on 6/26/2023 with an ex-dividend date of 6/5/2023. The AMKR stock dividend was $0.0750 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AMKR in the last 3 months, the mean price target is $32.00 with high estimates of $36.00 and low estimates of $30.00. In terms of 52-week highs and lows, AMKR has a high of $31.38 and a low of $16.13.
As of this writing, AMKR has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.53 per share and a lower estimate of $0.46. The company reported an EPS of $0.18 in the last quarter, which was 5.90% higher than expectations of $0.17.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $15.19, while its Total Shareholder’s Equity was $2.97B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.