Somewhat Favorable News Coverage Somewhat Unlikely to Affect Amtech Systems (ASYS) Share Price

News headlines about Amtech Systems (NASDAQ:ASYS) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Amtech Systems earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 44.7051451993402 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of equities research analysts have commented on the stock. ValuEngine cut shares of Amtech Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 30th. Zacks Investment Research upgraded shares of Amtech Systems from a “sell” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, Benchmark restated a “buy” rating and set a $18.00 target price (up previously from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $14.88.

Shares of Amtech Systems (ASYS) traded down $0.34 on Friday, reaching $7.93. 233,150 shares of the company’s stock were exchanged, compared to its average volume of 217,817. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.96 and a current ratio of 2.35. Amtech Systems has a twelve month low of $5.16 and a twelve month high of $15.45. The stock has a market cap of $123.17, a price-to-earnings ratio of 7.41 and a beta of 1.76.

Amtech Systems (NASDAQ:ASYS) last announced its quarterly earnings data on Thursday, February 8th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. Amtech Systems had a net margin of 7.48% and a return on equity of 19.49%. The business had revenue of $73.60 million during the quarter, compared to analyst estimates of $61.79 million. Amtech Systems’s revenue for the quarter was up 152.9% on a year-over-year basis. equities research analysts expect that Amtech Systems will post 0.5 EPS for the current year.

In other Amtech Systems news, Director Robert F. King sold 17,699 shares of the stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $11.25, for a total transaction of $199,113.75. Following the completion of the sale, the director now directly owns 10,200 shares of the company’s stock, valued at approximately $114,750. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael Garnreiter sold 5,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $10.00, for a total transaction of $50,000.00. Following the sale, the director now directly owns 5,000 shares of the company’s stock, valued at $50,000. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 161,991 shares of company stock valued at $2,056,181. Insiders own 34.60% of the company’s stock.

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Amtech Systems Company Profile

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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