CTS (CTS) At $26.55 Forms Top; Amkor Technology, Inc. (AMKR) Covered By 2 Bulls

Amkor Technology, Inc. (NASDAQ:AMKR) Logo

Among 3 analysts covering Amkor (NASDAQ:AMKR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Amkor had 8 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) earned “Sell” rating by Citigroup on Wednesday, May 25. Credit Suisse upgraded Amkor Technology, Inc. (NASDAQ:AMKR) on Monday, August 24 to “Outperform” rating. The firm has “Neutral” rating given on Tuesday, September 15 by Citigroup. The firm has “Sell” rating by Zacks given on Tuesday, September 1. As per Tuesday, August 25, the company rating was upgraded by Zacks. The rating was upgraded by Credit Suisse on Friday, August 21 to “Outperform”. The company was maintained on Tuesday, July 28 by Topeka Capital Markets. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) has “Buy” rating given on Thursday, April 28 by Topeka Capital Markets. See Amkor Technology, Inc. (NASDAQ:AMKR) latest ratings:

CTS Corporation (CTS) formed multiple top with $27.88 target or 5.00% above today’s $26.55 share price. CTS Corporation (CTS) has $874.52M valuation. The stock decreased 2.39% or $0.65 during the last trading session, reaching $26.55. About 68,736 shares traded. CTS Corporation (NYSE:CTS) has risen 22.37% since April 3, 2017 and is uptrending. It has outperformed by 10.82% the S&P500.

Since March 9, 2018, it had 0 insider buys, and 1 insider sale for $681,400 activity. On Friday, March 9 the insider CHURCHILL WINSTON J sold $681,400.

Investors sentiment increased to 1.55 in Q4 2017. Its up 0.55, from 1 in 2017Q3. It increased, as 14 investors sold Amkor Technology, Inc. shares while 46 reduced holdings. 36 funds opened positions while 57 raised stakes. 93.08 million shares or 2.79% more from 90.55 million shares in 2017Q3 were reported. Citigroup owns 35,577 shares or 0% of their US portfolio. Piermont Cap Mgmt accumulated 280,060 shares. Globeflex Lp has 0.27% invested in Amkor Technology, Inc. (NASDAQ:AMKR). Acadian Asset Mngmt Lc, a Massachusetts-based fund reported 93,002 shares. 153,215 were accumulated by Millennium Management Ltd Liability Corporation. California-based Los Angeles Mngmt Equity Research Inc has invested 0.01% in Amkor Technology, Inc. (NASDAQ:AMKR). 31,406 were reported by Barclays Public Ltd Company. State Common Retirement Fund has invested 0.01% in Amkor Technology, Inc. (NASDAQ:AMKR). Martingale Asset Mngmt Ltd Partnership stated it has 0.02% in Amkor Technology, Inc. (NASDAQ:AMKR). Landscape Ltd Co invested in 0.05% or 50,520 shares. Fincl Management Professionals holds 0% or 30 shares in its portfolio. Dimensional Fund Advsr L P has invested 0.06% in Amkor Technology, Inc. (NASDAQ:AMKR). 100,662 were reported by Panagora Asset Mngmt. 2,985 are owned by Brown Brothers Harriman And Com. Quantitative Systematic Strategies Ltd Liability Corporation holds 0.03% or 10,692 shares.

The stock decreased 4.84% or $0.49 during the last trading session, reaching $9.64. About 929,522 shares traded. Amkor Technology, Inc. (NASDAQ:AMKR) has declined 9.23% since April 3, 2017 and is downtrending. It has underperformed by 20.78% the S&P500.

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company has market cap of $2.31 billion. The firm offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services. It has a 8.84 P/E ratio. The Company’s packages employ wirebond, flip chip, and copper clip and other interconnect technologies.

Analysts await CTS Corporation (NYSE:CTS) to report earnings on April, 26. They expect $0.30 earnings per share, up 15.38% or $0.04 from last year’s $0.26 per share. CTS’s profit will be $9.88 million for 22.13 P/E if the $0.30 EPS becomes a reality. After $0.39 actual earnings per share reported by CTS Corporation for the previous quarter, Wall Street now forecasts -23.08% negative EPS growth.

Amkor Technology, Inc. (NASDAQ:AMKR) Institutional Positions Chart