Amkor Technology (AMKR) Advances While Market Declines: Some Information for Investors

Group 1 - Amkor Technology (AMKR) closed at $41.41, with a +0.46% change, outperforming the S&P 500's loss of 0.78% [1] - The company's shares gained 2.82% over the past month, contrasting with the Computer and Technology sector's loss of 3.17% and the S&P 500's gain of 2.14% [1] - Amkor Technology's upcoming earnings report is scheduled for July 29, 2024, with projected EPS of$ 0.22, indicating a 15.38% decline year-over-year, and expected revenue of $1.45 billion, down 0.42% from the previous year [1] Group 2 - For the fiscal year, Zacks Consensus Estimates project earnings of$ 1.76 per share and revenue of $6.55 billion, reflecting increases of +20.55% and +0.7% respectively from the prior year [2] - Recent revisions to analyst forecasts for Amkor Technology are important as they indicate short-term business trends and can influence stock price performance [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Amkor Technology currently holds a Zacks Rank of 3 (Hold) [3] Group 3 - Amkor Technology's Forward P/E ratio is 23.39, which is lower than the industry's average Forward P/E of 35.42, indicating a valuation discount [3] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]