28 May, 2017
Currently, the stock has a 1 Year Price Target of $12.57. The firm's quarterly revenue was up 18.3% on a year-over-year basis. They may also be used to assist the trader figure out proper support and resistance levels for the stock.
The company's consensus rating on Reuter's scale improved from 1.75 to 2 during a month.
The company has been one of the biggest innovators in "Semiconductor - Broad Line" employing approximately 8200 full time employees.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, AMD earned gross profit of 1.84 Billion, in 2015 1.08 Billion gross profit, while in 2016 Advanced Micro Devices, Inc. Coldstream Capital Management Inc. raised its stake in shares of Advanced Micro Devices by 2.8% in the fourth quarter. (AMD) is 10.64 Billion. However, this growth was not backed by AMD's earnings-the company continued to report losses. On average, equities research analysts anticipate that Advanced Micro Devices will post $0.07 earnings per share for the current year. Finally, BMO Capital Markets restated an "outperform" rating and issued a $15.00 price target on shares of Advanced Micro Devices in a report on Thursday, February 2nd. The stock now has an average rating of "Hold" and an average price target of $12.28. The semiconductor manufacturer reported ($0.04) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.04). The stock has a 50 day moving average of $12.76 and a 200-day moving average of $11.33. Advanced Micro Devices has a 12 month low of $3.55 and a 12 month high of $15.55.
While looking at the Stock's Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of 10.5%, where Monthly Performance is -11.76%, Quarterly performance is -17.08%, 6 Months performance is 62.25% and yearly performance percentage is 213.65%. Advanced Micro Devices also saw unusually large options trading activity on Monday.
The company's expected revenue in the current quarter to be 1.15 Billion, seeing a projected current quarter growth of 100%, and per annum growth estimates over the next 5 year period of around -98.3%. During the same quarter in the prior year, the company posted ($0.12) earnings per share. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock.
The stock is now showing YTD performance of -0.71 Percent. "(AMD) Stock Rating Reaffirmed by Deutsche Bank AG" was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem.
The counter witnessed a trading volume of 0.26 million shares versus an average volume of 0.25 million shares during last trading session. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & global copyright and trademark law. The original version of this news story can be accessed at https://www.com-unik.info/2017/05/15/advanced-micro-devices-amd-buy-rating-reaffirmed-at-bank-of-america-corp.html. The stock was sold at an average price of $10.24, for a total transaction of $896,000.00.
A number of equities research analysts have weighed in on the company.
On 5/3/2017 Darla M Smith, Insider, sold 17,028 with an average share price of $10.25 per share and the total transaction amounting to $174,537.00. Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. Institutional investors own 54.77% of the company's stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
MannKind Corporation (NASDAQ:MNKD) ended its day with of -12.16% and registered the last transition at the value of $1.12. California State Teachers Retirement System now owns 1,593,513 shares of the semiconductor manufacturer's stock worth $11,011,000 after buying an additional 216,400 shares in the last quarter. Advanced Micro Devices, Inc. Insiders have sold 45,298,205 shares of company stock valued at $616,727,522 over the last 90 days. Company insiders own 1.00% of the company's stock.
Finally, Coldstream Capital Management Inc. increased its position in Advanced Micro Devices by 2.8% in the fourth quarter.
