Amkor Technology (AMKR) closed the most recent trading day at $53.39, moving -2.27% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.58%. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.45%.
Coming into today, shares of the chip packaging and test services provider had gained 14.36% in the past month. In that same time, the Computer and Technology sector gained 6.31%, while the S&P 500 gained 0.84%.
Investors will be eagerly watching for the performance of Amkor Technology in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 26, 2026. It is anticipated that the company will report an EPS of $0.79, marking a 54.9% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.02 billion, indicating a 1.54% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.6 per share and a revenue of $7.64 billion, representing changes of +73.33% and +13.95%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Amkor Technology. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Amkor Technology is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Amkor Technology currently has a Forward P/E ratio of 20.99. This expresses a discount compared to the average Forward P/E of 40.25 of its industry.
It's also important to note that AMKR currently trades at a PEG ratio of 0.67. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Electronics - Semiconductors industry had an average PEG ratio of 1.37 as trading concluded yesterday.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 108, placing it within the top 44% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Amkor Technology, Inc. (AMKR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).