Core Viewpoint - Amkor Technology (AMKR) has experienced significant stock price appreciation, with a 22.2% increase over the past month and a 20.5% gain since the beginning of the year, outperforming the broader technology sector and semiconductor industry [1][2]. Financial Performance - Amkor Technology has consistently exceeded earnings expectations, reporting an EPS of $0.24 against a consensus estimate of $0.1 in its latest earnings report [2]. - For the current fiscal year, the company is projected to achieve earnings of $1.78 per share on revenues of $6.56 billion, reflecting a 21.92% increase in EPS and a 0.92% increase in revenues [2]. - The forecast for the next fiscal year indicates expected earnings of $2.47 per share on $7.3 billion in revenues, representing year-over-year changes of 38.76% and 11.16%, respectively [2]. Valuation Metrics - Amkor Technology's current valuation metrics show a price-to-earnings ratio of 22.5X for the current fiscal year, which is below the peer industry average of 40.5X [4]. - On a trailing cash flow basis, the stock trades at 9.9X compared to the peer group's average of 17.1X, indicating a relative undervaluation [4]. Zacks Rank and Style Scores - The stock holds a Zacks Rank of 1 (Strong Buy), driven by rising earnings estimates, which suggests a favorable outlook for the stock [5]. - Amkor Technology has a Value Score of B, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of B, aligning with investment strategies favoring stocks with strong Zacks Ranks and Style Scores [3][5].

Company Performance - Amkor Technology (AMKR) closed at $35.08, down 1.52% from the previous trading session, underperforming the S&P 500's gain of 0.23% [1] - Over the past month, Amkor's shares increased by 5.45%, outperforming the Computer and Technology sector's decline of 2.01% and the S&P 500's gain of 3.96% [1] - Analysts expect Amkor to report earnings of $0.23 per share, reflecting a year-over-year decline of 11.54%, with revenue projected at $1.45 billion, a decrease of 0.35% compared to the same quarter last year [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $1.78 per share and revenue of $6.56 billion, representing increases of 21.92% and 0.92% respectively from the prior year [2] - Recent revisions to analyst estimates indicate positive sentiment regarding Amkor's business outlook, as these revisions correlate with stock price performance [2] Zacks Rank and Valuation - Amkor Technology currently holds a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for 1 stocks since 1988 [3] - The company's Forward P/E ratio is 19.97, which is a discount compared to the industry average Forward P/E of 41.83 [3] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 167, placing it in the bottom 34% of over 250 industries [3]

Core Viewpoint - Amkor Technology (AMKR) is currently experiencing a mixed performance in the stock market, with a recent return of +2.3% over the past month, lagging behind the S&P 500's +3.1% and the Zacks Electronics - Semiconductors industry's +7.2% [1] Earnings Estimates Revisions - For the current quarter, Amkor Technology is expected to report earnings of $0.23 per share, reflecting a decrease of -11.5% year-over-year [3] - The consensus earnings estimate for the current fiscal year is $1.78, indicating an increase of +21.9% from the previous year [3] - For the next fiscal year, the earnings estimate is $2.47, suggesting a growth of +38.8% compared to the prior year [3] Revenue Growth Potential - The consensus sales estimate for the current quarter is $1.45 billion, which represents a slight decline of -0.4% year-over-year [5] - The sales estimates for the current and next fiscal years are $6.56 billion and $7.3 billion, indicating growth rates of +0.9% and +11.2%, respectively [5] Recent Performance and Surprise History - In the last reported quarter, Amkor Technology generated revenues of $1.37 billion, down -7.2% year-over-year, while EPS was $0.24, up from $0.18 a year ago [6] - The company exceeded the Zacks Consensus Estimate for revenues by +1% and had an EPS surprise of +140% [6] - Amkor has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates twice during this period [6] Valuation Metrics - Amkor Technology is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [7] Overall Outlook - The Zacks Rank 1 (Strong Buy) for Amkor Technology suggests a potential for outperforming the broader market in the near term [4][10]

Company Performance - Amkor Technology (AMKR) closed at $32.96, reflecting a -0.75% change from the previous day, underperforming the S&P 500's daily loss of 0.02% [1] - The stock has increased by 2.06% over the past month, which is lower than the Computer and Technology sector's gain of 8.04% and the S&P 500's gain of 4.59% [1] - Analysts expect Amkor Technology to report earnings of $0.23 per share, indicating a year-over-year decline of 11.54%, with revenue forecasted at $1.45 billion, a 0.35% decline compared to the same quarter last year [1] Full Year Estimates - Zacks Consensus Estimates project earnings of $1.78 per share and revenue of $6.56 billion for the full year, representing changes of +21.92% and +0.92% from the prior year, respectively [2] - Recent adjustments to analyst estimates for Amkor Technology may indicate changing near-term business trends, with positive revisions suggesting optimism about the company's outlook [2] Zacks Rank and Valuation - Amkor Technology currently holds a Zacks Rank of 1 (Strong Buy), with the Zacks Rank system showing a track record of superior performance, with 1 stocks averaging an annual return of +25% since 1988 [3] - The company is trading at a Forward P/E ratio of 18.62, which is significantly lower than the industry average Forward P/E of 38.92, suggesting that Amkor Technology is trading at a discount [3] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 185, placing it in the bottom 27% of over 250 industries [3]

Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, highlighting the use of valuation metrics to identify strong stocks [1] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly focusing on those with high grades in the "Value" category [1] Company Analysis: Amkor Technology (AMKR) - Amkor Technology currently holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong potential for value investors [2] - The stock has a P/E ratio of 15.20, significantly lower than the industry average P/E of 32.36, suggesting it may be undervalued [2] - AMKR's Forward P/E has fluctuated between 8.56 and 23.94 over the past year, with a median of 14.90, indicating variability in market perception [2] - The P/S ratio for AMKR is 1.28, compared to the industry average P/S of 3.83, further supporting the notion that the company is undervalued [2] - Overall, Amkor Technology stands out as one of the market's strongest value stocks, bolstered by a favorable earnings outlook [2]

Core Viewpoint - Amkor Technology (AMKR) has shown strong stock performance recently, outperforming both the S&P 500 and its industry peers, indicating potential for continued growth in the near term [1] Earnings Estimates - For the current quarter, Amkor Technology is expected to report earnings of $0.23 per share, reflecting a year-over-year decline of -11.5% [3] - The consensus earnings estimate for the current fiscal year is $1.78, indicating a year-over-year increase of +21.9%, with a recent upward revision of +3.9% [3] - For the next fiscal year, the earnings estimate is $2.47, representing a significant increase of +38.8% compared to the previous year [3] Revenue Growth - The consensus sales estimate for the current quarter is $1.45 billion, showing a slight decline of -0.4% year-over-year [5] - For the current fiscal year, the revenue estimate is $6.56 billion, indicating a modest increase of +0.9%, while the next fiscal year is projected to grow by +11.2% to $7.3 billion [5] Recent Performance - In the last reported quarter, Amkor Technology achieved revenues of $1.37 billion, down -7.2% year-over-year, but exceeded the Zacks Consensus Estimate by +1% [6] - The company reported an EPS of $0.24, which is a +140% surprise compared to the consensus estimate [6] - Amkor has consistently beaten consensus EPS estimates over the last four quarters and has topped revenue estimates twice during this period [6] Valuation - Amkor Technology is currently rated A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [7] Overall Outlook - The Zacks Rank 1 (Strong Buy) suggests that Amkor Technology may outperform the broader market in the near term, supported by positive earnings estimate revisions [4][10]

Core Viewpoint - Analyst recommendations play a significant role in influencing stock prices, but their reliability is questionable due to potential biases from brokerage firms [1][2][3] Brokerage Recommendation Summary - Amkor Technology (AMKR) has an average brokerage recommendation (ABR) of 1.83, indicating a consensus between Strong Buy and Buy, with 50% Strong Buy and 16.7% Buy recommendations from six brokerage firms [1] - Despite the positive ABR, studies suggest limited success of brokerage recommendations in identifying stocks with the highest price increase potential [2][5] - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [2][3] Zacks Rank Comparison - Zacks Rank is a proprietary stock rating tool that categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) based on earnings estimate revisions, which are more reliable indicators of future price movements compared to ABR [3][4][5] - The ABR is based solely on brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [4][6] Investment Potential for Amkor Technology - The Zacks Consensus Estimate for Amkor Technology has increased by 9.6% over the past month to $1.78, indicating growing optimism among analysts regarding the company's earnings prospects [7] - The increase in consensus estimate, along with other factors, has resulted in a Zacks Rank 1 (Strong Buy) for Amkor Technology, suggesting a potential for stock price appreciation [7]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Amkor Technology (AMKR) - Amkor Technology currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [2][6] - Over the past quarter, AMKR shares have increased by 7.51%, and by 41.81% over the last year, outperforming the S&P 500, which has moved 7.23% and 28.67% respectively [4] Price Performance - AMKR shares have risen by 0.15% over the past week, while the Zacks Electronics - Semiconductors industry has increased by 1.45% during the same period [3] - The monthly price change for AMKR is 11.34%, compared to the industry's 8.14% performance [3] Trading Volume - AMKR's average 20-day trading volume is 990,675 shares, which serves as a bullish indicator when combined with rising stock prices [4] Earnings Outlook - In the past two months, three earnings estimates for AMKR have been revised upwards, increasing the consensus estimate from $1.63 to $1.78 [5] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions noted [5]

Core Insights - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [2] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, and Price/Sales, focusing on undervalued stocks [2] Growth Score - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Score helps investors capitalize on price trends, utilizing metrics like weekly price changes and monthly earnings estimate changes [3] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - There are over 800 stocks rated 1 or 2, making it essential for investors to filter through these options effectively [5] Stock to Watch: Amkor Technology (AMKR) - Amkor Technology, Inc. is a leading provider of semiconductor packaging and test services, with a strong Zacks Rank of 1 (Strong Buy) and a VGM Score of A [7] - The company has a Momentum Style Score of B, with shares increasing by 11.3% in the past four weeks [7] - Recent upward revisions in earnings estimates for fiscal 2024 have raised the Zacks Consensus Estimate by $0.15 to $1.78 per share, with an average earnings surprise of 44.3% [7][8]

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, and Amkor Technology (AMKR) is highlighted as a strong growth stock due to its favorable metrics and Zacks Rank [1][6]. Earnings Growth - Amkor Technology has a historical EPS growth rate of 42.4%, with projected EPS growth of 22.1% for the current year, significantly outperforming the industry average of -2% [3]. Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets) of 0.95, indicating it generates $0.95 in sales for every dollar in assets, compared to the industry average of 0.53, showcasing superior efficiency [4]. Sales Growth - Amkor Technology's sales are expected to grow by 0.9% this year, while the industry average is stagnant at 0%, indicating a positive sales growth outlook [4]. Earnings Estimate Revisions - The current-year earnings estimates for Amkor Technology have been revised upward by 9.6% over the past month, reflecting a positive trend that correlates with potential stock price movements [5]. Overall Assessment - Amkor Technology has achieved a Growth Score of B and a Zacks Rank of 1, indicating it is a potential outperformer and a solid choice for growth investors [6][7].