Amtech Systems (ASYS) Receiving Somewhat Favorable News Coverage, Analysis Shows

News stories about Amtech Systems (NASDAQ:ASYS) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amtech Systems earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 43.6831648829121 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Amtech Systems from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Tuesday, October 17th. Benchmark restated a “buy” rating and set a $18.00 target price (up previously from $12.00) on shares of Amtech Systems in a report on Tuesday, November 21st. Finally, ValuEngine upgraded Amtech Systems from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the company. Amtech Systems has an average rating of “Buy” and an average target price of $14.88.

Shares of Amtech Systems (NASDAQ ASYS) traded down $0.13 during trading on Monday, reaching $10.70. The company had a trading volume of 175,600 shares, compared to its average volume of 205,356. Amtech Systems has a 1-year low of $4.02 and a 1-year high of $15.45. The firm has a market cap of $157.62, a price-to-earnings ratio of 16.46 and a beta of 1.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.48 and a current ratio of 1.83.

Amtech Systems (NASDAQ:ASYS) last announced its earnings results on Monday, November 20th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.45. Amtech Systems had a return on equity of 12.76% and a net margin of 5.55%. analysts anticipate that Amtech Systems will post 0.45 EPS for the current fiscal year.

In related news, Director Michael Garnreiter sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $10.00, for a total transaction of $50,000.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $50,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jong S. Whang sold 18,600 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $12.54, for a total value of $233,244.00. Following the completion of the sale, the insider now owns 53,066 shares of the company’s stock, valued at $665,447.64. The disclosure for this sale can be found here. Insiders have sold a total of 144,292 shares of company stock worth $1,857,068 in the last ninety days. Insiders own 34.60% of the company’s stock.

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About Amtech Systems

Amtech Systems, Inc is engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, Light Emitting Diode (LED) and semiconductor devices. The Company operates through three business segments: solar, semiconductor and polishing.

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

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