Economy

Loop Capital Reiterates Hold Rating for Advanced Micro Devices, Inc. (NASDAQ:AMD)

Loop Capital Reiterates Hold Rating for Advanced Micro Devices, Inc. (NASDAQ:AMD)”

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Thursday, October 20th. Investors may get complacent with stocks that they are familiar with. Jefferies Group LLC reaffirmed a "buy" rating and set a $19.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, October 25th.

Several other large investors have also added to or reduced their stakes in the company. According to these analysts, the Low Revenue Estimate for Advanced Micro Devices, Inc.is 1.2 Billion and the High Revenue Estimate is 1.51 Billion. Likewise, the downbeat performance for the last quarter was -17.20% and for the full year it was 65.97%. Now it is offering a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. Janus Henderson Group PLC now owns 3,833,805 shares of the semiconductor manufacturer's stock valued at $47,845,000 after buying an additional 3,735,900 shares in the last quarter. The consensus recommendation for stock is 2.70. KBC Group NV now owns 106,877 shares of the semiconductor manufacturer's stock valued at $1,334,000 after acquiring an additional 14,715 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $257,000. (The) set a $11.00 price target on Advanced Micro Devices and gave the stock a "sell" rating in a research note on Wednesday, July 26th. (NASDAQ:AMD) shares surged 5.4 percent in Monday's premarket session, while Nvidia shares dropped 1 percent. ADX calculations are made based on the moving average price range expansion over a specified amount of time. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20.

Advanced Micro Devices, Inc is a global semiconductor company. Goldman Sachs Group, Inc.

Shares of Advanced Micro Devices (NASDAQ AMD) traded up $0.61 on Wednesday, reaching $11.73. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $13.00 target price on shares of Advanced Micro Devices in a report on Friday, July 28th. The mean rating score for this stock is at 3.10.

Some buy side analysts are also providing their Analysis on Advanced Micro Devices, Inc., where 6 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 15 said it's a HOLD, 4 reported it as Underperform and 1 analysts rated the stock as Sell. The Stock now has a Weekly Volatility of 4.86% and Monthly Volatility of 3.56%.

In other Advanced Micro Devices news, insider Darla M. Smith sold 27,288 shares of the stock in a transaction that occurred on Wednesday, November 1st. Zacks Investment Research's target price points to a potential downside of 8.39% from the stock's previous close. Following the transaction, the insider now owns 34,934 shares in the company, valued at $448,901.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. However, the institutional investors are observed to own 68.50% of the total shares. The disclosure for this sale can be found here. The company moved in the past week with shift of -6.08%. Institutional investors own 44.28% of the company's stock.

COPYRIGHT VIOLATION NOTICE: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. The correct version of this piece can be accessed at https://www.truebluetribune.com/2017/11/05/advanced-micro-devices-inc-amd-stock-rating-reaffirmed-by-loop-capital.html. The Company is engaged in offering x86 microprocessors, as a standalone central processing unit (CPU) or as incorporated into an accelerated processing unit (APU), chipsets, and discrete graphics processing units (GPUs) for the consumer, commercial and professional graphics markets, and server and embedded CPUs, GPUs and APUs, and semi-custom System-on-Chip (SoC) products and technology for game consoles.



Like this

loading...
loading...

Latest


06 November 2017
Health Canada expands fire extinguisher recall involving 2.7 million devices
Information on the CPSC recall, including photographs and model numbers, is available on the CPSC website . It includes models which had been previously recalled in March 2009 and February 2015.

06 November 2017
Go Long Mylan NV After Earnings With Confidence
The shares have rallied since falling to a 52-week low in August, on the heels of a disastrous second quarter earnings report. The stock of Mylan N.V. (NASDAQ: MYL ) earned "Outperform" rating by Leerink Swann on Monday, August 15.

06 November 2017
We Are Ready To Engage Niger Delta Avengers - FG
The PNDEF has been negotiating with the government about the terms of the peace agreement with NDA and other militant groups. They have to be patient and give us time to do so successfully.

06 November 2017
CVS Health's profit drops 17 pct
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Merlo sold 241,150 shares of the firm's stock in a transaction dated Wednesday, September 13th.

06 November 2017
Altice agreement 'not contingent' on T-Mobile talks failing: Sprint CFO
Both Comcast and Charter have MVNO agreements in place with Verizon, and Comcast has already launched its Xfinity Mobile offering. The agreement will also allow Sprint to use the Altice cable infrastructure to send cellular data and to develop its 5G network.

06 November 2017
Woman fired for flipping off Trump's motorcade
Akima did not return a request for comment, the HuffPost said. This was an opportunity for me to say something". Only one-third of Puerto Rico has power.

06 November 2017
Claude Makelele leaves Swansea City to take on managerial role in Belgium
It will be Makelele's second managerial spell; he was in charge of French club Bastia for five-and-a-half months in 2014. They are now bottom of the Belgian top-flight and have only won two matches out of 14 this campaign.

06 November 2017
12 minutes of gameplay footage from Horizon: Zero Dawn Frozen Wilds
Do note that it's entirely possible to access The Frozen Wilds before the game's main campaign has been completed. Nearly the whole new area is covered with snow, icy lakes, and snowstorms, save for some interior sections.

06 November 2017
New York Fed chief Bill Dudley to retire
It's an especially important regional presidency because it helps to regulate Wall Street and has a permanent vote on the FOMC. The New York Fed's board said it has set up a search committee and aims to name a successor by the middle of next year.

06 November 2017
Tyrese begs for help, Will Smith gives him $5M
She alleged that their 10-year-old daughter told her that her father hit her so hard that she could not sit down and that he has struck her 12 to 16 times before.