Advanced Micro Devices, Inc. (NASDAQ:AMD) Mean Rating At ${{RATING_MEAN:40

Advanced Micro Devices, Inc. stock performance trend indicates that the stock price has rallied 30.49% in the past 12 Weeks, but analyzing the 6 month charts for the stock, the price continues to stay positive and keep the rally at 112.37%. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 50%. (NASDAQ:AMD): On Friday heightened volatility was witnessed in Advanced Micro Devices, Inc.

A number of other institutional investors also recently added to or reduced their stakes in AMD.

Based on the latest brokerage notes which have been released to investors, 6 brokers have issued a rating of "strong buy", 5 brokers "buy", 14 brokers "neutral", 0 brokers "sell" and 2 brokers "strong sell". The stock's market capitalization is $13.09 billion. (AMD). The consensus rating is 2.6, suggesting the market has given up on the stock. Advanced Micro Devices presently has a consensus rating of "Hold" and a consensus target price of $9.86. Analyst's mean target price for AMD is $11.79 while analysts mean recommendation is 2.60.

Many analysts are providing their Estimated Earnings analysis for Advanced Micro Devices, Inc. and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $-0.04/share. Advanced Micro Devices's revenue for the quarter was up 15.4% compared to the same quarter past year. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.00. Current price level places the company's stock about -28.36% from the 52-week high and 2.18% away from the 52-week low.

This recommendation lands on a scale between 1 and 5.

03/02/2017 - Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch.

Advanced Micro Devices Last issued its quarterly earnings results on Jan 31, 2017. The most optimistic analyst sees the stock reaching $17 while the most conventional predicts the target price at $4. The shares were sold at an average price of $10.66, for a total transaction of $1,066,000.00. Company's distance from 20 day simple moving average is 4.02% and distance from 50-Day simple moving average is 16.57%.

Shares of Asanko Gold Inc (NYSEMKT:AKG) inclined 2.07% to $2.46. The semiconductor manufacturer reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. It infers a stock price that, if recorded, aids a trader knowing the best anticipated outcome for his outlay.

Advanced Micro Devices, Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The firm's revenue for the quarter was up 15.4% compared to the same quarter a year ago. Finally, United Capital Financial Advisers LLC boosted its position in shares of Advanced Micro Devices by 14.9% in the fourth quarter. Following the completion of the transaction, the chief financial officer now owns 877,295 shares in the company, valued at approximately $8,737,858.20.

Target prices have a considerable bearing on the stock movement. The stock gained 4.35% in total of its share price. The Company offers x86 microprocessors as standalone devices or as incorporated as an accelerated processing unit (APU) chipsets discrete graphics processing units (GPUs) and professional graphics and server and embedded processors dense servers semi-custom System-on-Chip (SoC) products and technology for game consoles.

  • Arturo Norris