Amkor Technology (AMKR) Ascends While Market Falls: Some Facts to Note

Group 1 - Amkor Technology (AMKR) closed at $25.46, showing a +0.71% change, outperforming the S&P 500, which lost 0.21% [1] - Over the last month, Amkor's shares decreased by 1.06%, better than the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.56% [1] Group 2 - Amkor Technology is projected to report earnings of$ 0.37 per share, reflecting a year-over-year decline of 22.92%, with quarterly revenue expected at $1.65 billion, down 5.78% from the previous year [2] - Recent changes to analyst estimates indicate a shifting business landscape, with positive revisions suggesting analyst optimism about Amkor's business and profitability [3] Group 3 - 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) [5] - Amkor's Forward P/E ratio is 14.32, which is a discount compared to the industry average Forward P/E of 25.75 [6] Group 4 - The Electronics - Semiconductors industry, which includes Amkor Technology, has a Zacks Industry Rank of 140, placing it in the bottom 45% of over 250 industries [6][7]