We believe that increasing adoption of the company's products like Radeon and FirePro server GPUs will drive the top-line growth going forward. Additionally, increasing competition from the likes of NVDIA remains a concern.
AMD's mean recommendation on Reuter's scale has been revised downward from 2.69 thirty days ago to 2.65 now. Advanced Micro Devices, Inc.'s now has a PEG ratio of - where as its P/E ratio is 0.00. (NASDAQ:AMD)'s short interest is 154.97 million shares, or 18.51% of the float. The Firm also performs research and development for optical solutions for the traditional optics markets and communications markets.
Advanced Micro Devices, Inc.is a global semiconductor company. (NASDAQ:AMD). Edgestream Prns Limited Partnership holds 0.06% in Advanced Micro Devices, Inc.
The stock of Advanced Micro Devices, Inc.
Analyst's mean target price for AMD is $14.34 while analysts mean suggestion is 2.7. Advanced Micro Devices now has an average rating of Hold and a consensus price target of $12.51.
On the other hand Shares of Advanced Micro Devices, Inc., (NASDAQ: AMD), showed a change of 1.49% and closed at $11.55 in the last trading session. However, at the Wall Street, the shares for the company has been tagged a $70.13 price target, indicating that the shares will rally 18% from its current levels. The lowest target is $1.75 while the high is $2200. As for the shares, it has gone above the 20 days moving average and is now hovering within a distance of 1.05%. The stock exchanged hands 41.75 Million shares versus average trading capacity of 56.06 Million shares. The stock of Advanced Micro Devices, Inc. The trading of the day started with the price of the stock at $11.38. This represents an increase of approximately 386% compared to the average volume of 5,311 put options. (NASDAQ:AMD) news were published by: Seekingalpha.com which released: "Advanced Micro Devices: Strong Buy On The Drop" on November 01, 2017, also Seekingalpha.com with their article: "AMD Bears Come Rushing In" published on November 28, 2017, Seekingalpha.com published: "This Is What Happened To AMD" on October 30, 2017. According to the Analysts, the Low Earnings estimate for the current quarter is $0.04, while the High earnings estimate is $0.07.Comparatively, EPS for the same quarter past year was $0.03. The company had revenue of $984 million for the quarter, compared to analysts' expectations of $984.40 million.
Quarterly Revenue Growth on year-over-year basis stands at 25.7 percent.
EPS Estimate for the next year is 0.35. After $0.08 actual earnings per share reported by Advanced Micro Devices, Inc. for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth. In the most recent quarter, institutional ownership increased by a net of 20.26 million shares, or 3.47%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for AMD overall.256 holders increased their positions, 188 decreased their positions, and 62 holders held their positions. Family Management Corp, a New York-based fund reported 14,000 shares. Following the completion of the sale, the director now owns 638,902 shares of the company's stock, valued at $8,516,563.66.
In other Advanced Micro Devices news, CEO Lisa T. Su sold 82,709 shares of the business's stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $11.37, for a total transaction of $204,671.37. The Company dividend yield observed at 0.83%. The disclosure for this sale can be found here. The stock price volatility for last week at the close of regular trading was 3.52%, pushing the figure for the whole month to now reaching 2.39%.
A number of large investors have recently bought and sold shares of the company.
Investors wait Advanced Micro Devices, Inc. Vanguard Group Inc. now owns 93,092,619 shares of the semiconductor manufacturer's stock worth $1,161,796,000 after acquiring an additional 5,797,819 shares in the last quarter. State Of Tennessee Treasury Department has 0.03% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 133,460 shares. Private Asset Mgmt stated it has 0.03% in Advanced Micro Devices, Inc. Ci Investments owns 1.78 million shares. Proshare Advisors Ltd Liability Company has invested 0.02% in The Medicines Company (NASDAQ:MDCO). Advanced Micro Devices, Inc.
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