Amtech Systems (ASYS) Receives Daily Media Impact Score of 0.24
News coverage about Amtech Systems (NASDAQ:ASYS) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Amtech Systems earned a news impact score of 0.24 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 46.1460571839865 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Amtech Systems, Inc. (NASDAQ:ASYS) Stock Closed 10.9% Above Its 50 Day Average (highlightpress.com)
- John Bean Technologies Corporation (JBT) & Amtech Systems (ASYS) Critical Survey (americanbankingnews.com)
- Amtech Systems, Inc. (NASDAQ:ASYS) Files An 8-K Regulation FD Disclosure (4-traders.com)
- Amtech Systems, Inc. (NASDAQ:ASYS) Sees Unusual Trading Volume in Its Shares (highlightpress.com)
- Amtech Systems (ASYS) and Nordson Corporation (NDSN) Head-To-Head Contrast (americanbankingnews.com)
ASYS has been the subject of several research reports. Benchmark Co. cut their price objective on Amtech Systems from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, May 11th. Zacks Investment Research upgraded Amtech Systems from a “sell” rating to a “hold” rating and set a $8.50 price objective for the company in a research report on Tuesday, May 16th. TheStreet upgraded Amtech Systems from a “d+” rating to a “c-” rating in a research report on Monday, May 15th. ValuEngine upgraded Amtech Systems from a “sell” rating to a “hold” rating in a research report on Thursday, June 8th. Finally, Roth Capital initiated coverage on Amtech Systems in a research report on Friday, August 4th. They set a “buy” rating and a $12.00 price objective for the company. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $12.63.
Amtech Systems (NASDAQ:ASYS) opened at 10.27 on Friday. Amtech Systems has a 12 month low of $3.99 and a 12 month high of $11.82. The company’s 50 day moving average price is $9.39 and its 200 day moving average price is $7.49. The firm has a market capitalization of $136.97 million, a P/E ratio of 88.53 and a beta of 2.05.
Amtech Systems (NASDAQ:ASYS) last issued its quarterly earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.30. Amtech Systems had a net margin of 1.00% and a return on equity of 2.34%. The company had revenue of $47.76 million during the quarter, compared to analysts’ expectations of $40.40 million. During the same quarter in the previous year, the company earned ($0.09) EPS. Amtech Systems’s revenue was up 43.3% on a year-over-year basis. Analysts anticipate that Amtech Systems will post $0.23 EPS for the current year.
In other news, Director Robert F. King sold 4,700 shares of Amtech Systems stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $8.68, for a total transaction of $40,796.00. Following the completion of the sale, the director now owns 12,900 shares in the company, valued at approximately $111,972. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 34.60% of the stock is owned by insiders.
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.
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