Amkor Technology (AMKR) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Company Performance - Amkor Technology's stock closed at $25.58, reflecting a -1.69% change from the previous trading day, which was less than the S&P 500's daily loss of 1.54% [1] - Over the last month, Amkor's shares decreased by 1.36%, underperforming the Computer and Technology sector's gain of 0.11% and exceeding the S&P 500's loss of 2.2% [2] - The upcoming earnings disclosure is anticipated to show an EPS of$ 0.37, representing a 22.92% decline compared to the same quarter last year, with a consensus revenue estimate of $1.65 billion, down 5.78% from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Amkor Technology are important as they reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Amkor Technology at 3 (Hold), indicating a neutral outlook [6] Valuation Metrics - Amkor Technology is trading at a Forward P/E ratio of 14.74, which is a discount compared to its industry's Forward P/E of 26.8 [7] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 137, placing it in the bottom 46% of over 250 industries [7][8]