Technology Stocks Worth Chasing: Zendesk, Inc. (ZEN), Advanced Micro Devices, Inc. (AMD)
- by Emilio Sims
- in Money
- — Dec 16, 2016
Analysts also believe that a refreshed product portfolio by the California-based company will also be welcomed by important partners including Dell, Lenovo, Hewlett-Packard, and Asus in FY17. The rating score is on a scale of 1-5 where 1 stands for strong buy and 5 stands for strong sell. The mean price target for the stock is listed at $9.06. The legal version of this story can be viewed at https://www.thecerbatgem.com/2016/12/15/blackrock-investment-management-llc-buys-607570-shares-of-advanced-micro-devices-inc-amd.html. 7issued rating as a HOLD3said as SELL recommendation and 0suggested UNDERWEIGHT rating. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.58 on scale of 1-5.
Advanced Micro Devices (NASDAQ:AMD) traded down 1.433% during trading on Monday, reaching $10.527. The stock had a trading capacity of 2.7M shares.
12/06/2016 - Loop Capital Markets began new coverage on Advanced Micro Devices, Inc. giving the company a "buy" rating. The company has a 50 day moving average price of $8.21 and a 200-day moving average price of $6.62.
Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Thursday, October 20th. In the last 27 earnings reports, the company has topped earnings-per-share estimates 50% percent of times.
In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for Advanced Micro Devices, Inc.as 1.07 Billion. During the same period in the previous year, the business posted ($0.17) earnings per share.
Additionally, the company has has EPS of -2.68.
While looking at the Stock's Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of 11.53%, where Monthly Performance is 57.67%, Quarterly performance is 74.5%, 6 Months performance is 138.46% and yearly performance percentage is 350.43%.
Advanced Micro Devices Inc, struggling to hold on to shrinking market share in personal computer processors, said a new product debuting early next year will make it competitive in high-end machines used by gamers. Overweight rating was given by "0" and Underweight rating was given by "0". If you are reading this story on another domain, it was illegally copied and republished in violation of United States and worldwide copyright & trademark legislation. Pacific Crest reiterated an "equal weight" rating on shares of Advanced Micro Devices in a research note on Wednesday. The shares were sold at an average price of $6.61, for a total transaction of $4,398,386.54. The RSI of 81.84 indicates the stock is overbought at the current levels, sell for now. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC). The shares were sold at an average price of $6.61, for a total value of $1,794,310.94. (UTX) Chairman and CEo Gregory Hayes will communicate the company's expectation for 2017 adjusted earnings per share of $6.30 to $6.60. The disclosure for this sale can be found here. The stock has relative volume of 1.37.
A number of Wall Street analysts recently commented on the stock.
10/21/2016 - Advanced Micro Devices, Inc. had its "neutral" rating reiterated by analysts at Mizuho. Courier Capital Corp now owns 25,200 shares of the semiconductor manufacturer's stock valued at $130,000 after buying an additional 200 shares during the period. Swiss National Bank raised its stake in shares of Advanced Micro Devices by 10.8% in the third quarter. Neuberger Berman Group LLC bought a new position in Advanced Micro Devices during the second quarter valued at $116,000.