Advanced Micro Devices, Inc. (NASDAQ:AMD): How Do the Books Stack Up?
- Author: Arturo Norris Mar 29, 2017,
Mar 29, 2017, 8:19
Rosenblatt Securities restated a "buy" rating and set a $16.50 target price on shares of Advanced Micro Devices in a report on Sunday, March 5th. From a summary standpoint, we track the median one-year price target among 23 analysts covering the company at $12.00. "There also appears to be a higher level of trust in AMD's ability to execute", continues the analyst.
Investors eyeing a purchase of Advanced Micro Devices, Inc. AMD has P/E (Price to Earnings ttm) value of 0, Forward P/E of 46.28, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 998.6.
This recommendation lands on a scale between 1 and 5. The stock presently has a consensus rating of "Hold" and a consensus target price of $10.55.
Shares of Advanced Micro Devices Inc (NASDAQ:AMD) started the year well, soaring to as high as $15.55 on the 28th of February, representing gains of over 37% from the stock's closing price on the last day of December.
COPYRIGHT VIOLATION NOTICE: "Advanced Micro Devices, Inc". Advanced Micro Devices, Inc. has a 20-Day Simple Moving Average 0.23% . Mr. Mark D. Papermaster is another major player among company insiders, now holding 840,092 shares as of less than 0.1%, carrying a current market value of $11584868.68.
During last one month it showed the change of -4.33%. Analyst's mean target price for AMD is $11.92 while analysts mean recommendation is 2.60. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. The company reported revenue of $928.99 Million in the same period past year. The firm's revenue for the quarter was up 15.4% on a year-over-year basis.
In other Advanced Micro Devices news, SVP Harry A. Wolin sold 33,928 shares of the business's stock in a transaction dated Sunday, January 15th. They now have a Dollars 13 price target on the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Penserra Capital Management LLC now owns 19,941 shares of the semiconductor manufacturer's stock worth $137,000 after buying an additional 10,512 shares during the period. The stock was sold at an average price of $9.96, for a total value of $560,150.40. Following the sale, the chief financial officer now owns 786,777 shares in the company, valued at approximately $9,331,175.22. The disclosure for this sale can be found here.
The number of shares traded in the last trading session was 42.54 Million. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/03/27/dimensional-fund-advisors-lp-sells-44771-shares-of-advanced-micro-devices-inc-amd.html.
02/01/2017 - Advanced Micro Devices, Inc. had its " rating reiterated by analysts at BMO Capital Markets. BlackRock Japan Co. Ltd increased its stake in Advanced Micro Devices by 639.3% in the third quarter. The stock grabbed 83 new institutional investments totaling 27,007,868 shares while 65 institutional investors sold out their entire positions totaling 27,340,796 shares.
Currently, the market capitalization of Advanced Micro Devices, Inc. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.