Company Performance - Amkor Technology (AMKR) closed at 0.09, indicating a 62.5% decrease from the same quarter last year [2] - The consensus estimate for quarterly revenue is 1.43 per share and revenue of $6.22 billion, representing no change in earnings and a -1.49% decline in revenue compared to the prior year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Amkor Technology reflect changing short-term business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Amkor Technology at 4 (Sell), following a 2.69% decrease in the consensus EPS estimate over the last 30 days [6] Valuation Metrics - Amkor Technology is trading at a Forward P/E ratio of 11.13, which is lower than the industry average Forward P/E of 19.08 [7] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 36, placing it in the top 15% of over 250 industries [7]
Here's Why Amkor Technology (AMKR) Gained But Lagged the Market Today