ChipMOS TECHNOLOGIES (NASDAQ:IMOS) issued its earnings results on Thursday, March 15th. The semiconductor company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02, RTT News reports. ChipMOS TECHNOLOGIES had a net margin of 16.77% and a return on equity of 6.64%. The firm had revenue of $148.70 million for the quarter, compared to analyst estimates of $146.20 million. During the same quarter last year, the business posted $0.44 earnings per share.
IMOS stock opened at $15.83 on Friday. The firm has a market cap of $685.84, a PE ratio of 16.66 and a beta of 0.32. ChipMOS TECHNOLOGIES has a 52-week low of $15.63 and a 52-week high of $21.99. The company has a quick ratio of 1.84, a current ratio of 2.13 and a debt-to-equity ratio of 0.41.
IMOS has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of ChipMOS TECHNOLOGIES from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. BidaskClub downgraded shares of ChipMOS TECHNOLOGIES from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 11th.
Hedge funds have recently added to or reduced their stakes in the company. Deutsche Bank AG raised its stake in shares of ChipMOS TECHNOLOGIES by 3,134.5% during the fourth quarter. Deutsche Bank AG now owns 6,469 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 6,269 shares during the last quarter. Parametric Portfolio Associates LLC bought a new position in shares of ChipMOS TECHNOLOGIES during the second quarter valued at $209,000. Tower Research Capital LLC TRC raised its stake in shares of ChipMOS TECHNOLOGIES by 609.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,770 shares of the semiconductor company’s stock valued at $190,000 after acquiring an additional 9,251 shares during the last quarter. Jane Street Group LLC bought a new position in shares of ChipMOS TECHNOLOGIES during the fourth quarter valued at $214,000. Finally, FDx Advisors Inc. bought a new position in shares of ChipMOS TECHNOLOGIES during the third quarter valued at $248,000. 11.47% of the stock is owned by hedge funds and other institutional investors.
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About ChipMOS TECHNOLOGIES
ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. The company provides a range of back-end assembly and test services, including engineering test, wafer probing, and final test services, as well as lead frame and organic substrate based package assembly services for memory and logic/mixed-signal semiconductors; memory modules; and gold bumping, assembly, and test services for LCD and other flat-panel display driver semiconductors.
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