Amkor Technology (AMKR) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - Amkor Technology (AMKR) closed at $30.08, reflecting a -1.38% change compared to the previous day, underperforming the S&P 500's loss of 0.96% [1] - The stock has increased by 6.98% over the past month, which is below the Computer and Technology sector's gain of 7.35% but above the S&P 500's gain of 4.3% [1] - The upcoming earnings report is anticipated to show an EPS of$ 0.50, a decrease of 7.41% year-over-year, with revenue expected to be $1.83 billion, an increase of 0.62% from the prior-year quarter [1] Earnings Estimates - Full-year Zacks Consensus Estimates project earnings of$ 1.55 per share and revenue of $6.51 billion, indicating year-over-year changes of +6.16% and +0.15%, respectively [2] - Recent analyst estimate revisions suggest optimism regarding Amkor Technology's business and profitability, with empirical research indicating a correlation between estimate revisions and stock price performance [2] Valuation and Industry Position - Amkor Technology has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 19.73, which is lower than the industry average Forward P/E of 33.36, indicating a discount relative to its peers [3] - The Electronics - Semiconductors industry, to which Amkor belongs, holds a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [3]