Advanced Micro Devices, Inc. (NASDAQ:AMD) traded with the volume of 33.05 Million Yesterday. The Stock Opened its session at $6.92 and closed at $6.75 by showing an decrease of -3.02 percent. Advanced Micro Devices, Inc. has 1 year price target of 6.12. The stock gained a consensus recommendation of 2.49 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 20 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Advanced Micro Devices, Inc. (NASDAQ:AMD) reported its EPS in the last quarter as $-0.05/Share beating the analyst estimate of $-0.08/Share by the difference of $0.03. This showed the surprise of 37.5% in the last quarter earnings. For the Current Quarter, 17 analyst are projecting the mean EPS to be $-0.05/share. According to their observations and findings, the stock could provide a high EPS of $0/share and a Low EPS of $-0.14/share.
The 21 analysts offering 12-month price forecasts for Advanced Micro Devices Inc have a median target of 6.00, with a high estimate of 9.00 and a low estimate of 2.50. The median estimate represents a -11.11% decrease from the last price of 6.75. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Advanced Micro Devices, Inc. where they believe that the company has the potential to earn average revenue of $1.21 Billion for the current quarter. According to their predictions High & Low revenue estimates are 1.24 Billion and 1.2 Billion respectively.
Advanced Micro Devices, Inc. (NASDAQ:AMD) topped its 52-week high price of $8 on Aug 19, 2016 and 52-Week Low Price of $1.75 on Jan 20, 2016. The Stock currently has the market capitalization of $6.23 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 4.40%% and monthly volatility of 4.18%% respectively.
Advanced Micro Devices, Inc. is currently showing 64.8% EPS growth this year. The Next Year EPS growth is 94.7%, Long term annual growth estimate of -98.3%, Annual EPS growth past 5 years of -43.28 percent. The Company currently has Insider ownership of 0.5 Percent and Institutional Ownership of 57.9 Percent. The Return on Assets stands at -10.8%, Return on Equity shows 81.5% and Return on Investment value is -27.1%.
Advanced Micro Devices, Inc. Gross Margin percentage stands at 28.6% while its Operating Margin for trailing twelve month is -7.3 percent and Profit margin (ttm) is -8.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -0.03% with the 50-Day Simple Moving Average of -0.03 percent. Currently, the company has SMA200 (200-day simple moving average) of 59.96 Percent. The Stock has YTD (year to date) performance of 135.19 percent.
Many research firms have provided their ratings on Advanced Micro Devices, Inc. (NASDAQ:AMD) where Barclays provided Equal Weightrating on the stock on 7-Oct-16. Other firms include Susquehanna giving Neutral rating on 20-Sep-16.
The latest Insider trade was made on 2 Oct 2016 where Kumar (Devinder) Chief Financial Officer did a transaction type “Buy” in which 50000 shares were traded at a price of $6.19. Another insider trade includes Chief Financial Officer Kumar (Devinder) who also initiated a transaction in which 47366 shares were traded on 2 Oct 2016 as “Sell”.
Advanced Micro Devices, Inc. is a world-class company with the innovation, execution, and vision to grow our leadership position in the industry. Today’s world-class companies share three essential characteristics. First, they deliver innovative products and technologies that customers want. Second, they have established a proven track record of fast, efficient manufacturing execution. And third, they have a bold vision of where to take their business, and often their industry. Over the course of AMD’s three decades in business, silicon and software have become the steel and plastic of the worldwide digital economy. Technology companies have become global pacesetters, making technical advances at a prodigious rate always driving the industry to deliver more and more, faster and faster. AMD’s dedication to customer-centric innovation and competitive spirit is an unbroken thread running from our early days in the integrated circuit business, through an ever-broadening product portfolio.