Stock Rating Downgrade
In the last week the Value Trend Rating for Amkor Technology Inc (NASDAQ: AMKR) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 11/17/23, Amkor Technology Inc (NASDAQ: AMKR) stock increased 1.9%, closing at $26.49. The stock has performed in line with the market over the last nine months and has risen 15.5% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Amkor Technology has a good Appreciation Score of 74 but a neutral Power Rating of 50, leading to the High Neutral Value Trend Rating.
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