Amtech Systems (ASYS) Given News Impact Score of 0.17

Press coverage about Amtech Systems (NASDAQ:ASYS) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Amtech Systems earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.5452480820319 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Amtech Systems traded down $0.03, hitting $5.59, during trading hours on Thursday, according to MarketBeat Ratings. The company had a trading volume of 195,600 shares, compared to its average volume of 225,470. The company has a market cap of $84.31 million, a P/E ratio of 8.22 and a beta of 2.17. The company has a current ratio of 2.42, a quick ratio of 1.90 and a debt-to-equity ratio of 0.08. Amtech Systems has a 52-week low of $5.39 and a 52-week high of $15.45.

Amtech Systems (NASDAQ:ASYS) last released its quarterly earnings data on Thursday, May 10th. The semiconductor company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.27. The firm had revenue of $32.78 million for the quarter, compared to the consensus estimate of $27.80 million. Amtech Systems had a return on equity of 22.08% and a net margin of 9.52%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.11) earnings per share. equities research analysts forecast that Amtech Systems will post 0.4 earnings per share for the current fiscal year.

Several research analysts have recently commented on ASYS shares. Zacks Investment Research downgraded Amtech Systems from a “hold” rating to a “sell” rating in a report on Tuesday, April 10th. Roth Capital downgraded Amtech Systems from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $15.00 to $9.00 in a report on Monday, June 4th. Finally, ValuEngine upgraded Amtech Systems from a “hold” rating to a “buy” rating in a report on Thursday, May 31st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $12.50.

In other news, VP Michael Whang sold 5,000 shares of Amtech Systems stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $10.01, for a total value of $50,050.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Fokko Pentinga sold 16,830 shares of Amtech Systems stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $9.92, for a total value of $166,953.60. Following the completion of the transaction, the insider now owns 31,830 shares in the company, valued at approximately $315,753.60. The disclosure for this sale can be found here. 20.60% of the stock is currently owned by insiders.

About Amtech Systems

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating solar cells, LED, and semiconductor devices in the United States, Asia, Europe, and internationally. It operates through Solar, Semiconductor, and Polishing segments. The Solar segment supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition, and atomic layer deposition systems; and automation equipment comprising mass wafer transfer systems, sorters, long-boat transfer systems, load station elevators, buffers, and conveyers, as well as related parts and services.

Further Reading: Earnings Per Share

Insider Buying and Selling by Quarter for Amtech Systems (NASDAQ:ASYS)

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