"We met our strategic objectives in 2016, successfully executing our product roadmaps, regaining share in key markets, strengthening our financial foundation, and delivering annual revenue growth", said Dr. Lisa Su, AMD president and CEO. The 1 year EPS growth rate is -9.90%. The overall volume in the last trading session was 116.99 million shares. They now have a Dollars 5.5 price target on the stock.
Advanced Micro Devices (NASDAQ:AMD) opened at 13.05 on Wednesday. A low number between 1 and 2 indicates a Buy or Strong Buy. The Market Capitalization of the company stands at 12.25 Billion. The share price is now -5.07 percent versus its SMA20, 7.73 percent versus its SMA50, and 63.22 percent versus its SMA200.
Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, January 31st. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 50%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. The company's quarterly revenue was up 15.4% compared to the same quarter previous year. Equities research analysts forecast that Advanced Micro Devices, Inc. will post ($0.15) EPS for the current year.
Several research firms recently commented on AMD.
The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 2.38 respectively.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 27, 2017, James Robert Anderson (SVP & GM, CG) sold 20,000 shares at $14.02 per share price.On Feb 14, 2017, Forrest Eugene Norrod (SVP & GM EESC) sold 36,030 shares at $13.43 per share price.Also, On Feb 14, 2017, Darla M Smith (other) sold 24,689 shares at $13.52 per share price.On Feb 14, 2017, Bruce L. Claflin (director) sold 20,000 shares at $13.51 per share price.
Depending on one's tech-savvy or who you turn to who can break down the bits and bytes, Advanced Micro's debut of Ryzen, its new CPU for PCs and servers, may have you on the fence. Finally, Vetr upgraded shares of Advanced Micro Devices from a "buy" rating to a "strong-buy" rating and set a $16.07 target price on the stock in a report on Thursday, February 23rd. Zacks Investment Research lowered Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Monday, February 6th.
The Stock now has the market capitalization of $13.09 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 6.56% and monthly volatility of 5.28% respectively. The stock was sold at an average price of $10.66, for a total transaction of $1,066,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Shares of the company have also been under pressure as AMD's new Ryzen chips have been receiving mixed reviews. (NASDAQ:AMD) is taking aim at Intel once again - this time in the datacenter with Naples. The disclosure for this sale can be found here.
With its plan to hold the remaining 97 million shares it owns in AMD, the Emirati company is still the largest single shareholder in the company followed by the US-based asset management company BlackRock, which now owns an 8.69 per cent stake, it added.
Advanced Micro Devices, Inc. had its " rating reiterated by analysts at Bank of America Merrill Lynch. Nationwide Fund Advisors now owns 1,867,494 shares of the semiconductor manufacturer's stock valued at $12,904,000 after buying an additional 21,322 shares during the period. BlackRock Japan Co. Ltd boosted its position in shares of Advanced Micro Devices by 639.3% in the third quarter. Finally, Rhumbline Advisers boosted its position in shares of Advanced Micro Devices by 9.1% in the third quarter. Monashee Investment Management LLC bought a new position in shares of Advanced Micro Devices during the third quarter valued at about $9,536,000.