Alert: Negative Fundamental Signals (11/6/23)-Amkor Technology Inc (NASDAQ: AMKR)


Amkor Technology Inc (NASDAQ: AMKR). Extremely significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2024 decreased significantly, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2023 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AMKR is expected to continue to be a Value Builder.

Amkor Technology has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Amkor Technology has a good Appreciation Score of 77 but a neutral Power Rating of 46, with the High Neutral Value Trend Rating the result.

Recent Price Action

Amkor Technology Inc (NASDAQ: AMKR) stock closed at $23.54 on 11/6/23 after a decline of -1.2%. The stock has risen 13.3% during the last week and has performed in line with the market over the last nine months.

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