Active Mover: Advanced Micro Devices, Inc. (NASDAQ: AMD)

The brokerage now has $13.00 target price on the semiconductor manufacturer's stock. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.

Advanced Micro Devices, Inc.

The company reported its EPS on 9/29/2017. However, management's weak fourth quarter guidance was disappointing. Canaccord Genuity maintained Advanced Micro Devices, Inc. "Additionally, increasing competition from the likes of NVIDIA remains a concern". The company has market cap of $11.67 billion. Other technical indicators are worth considering in assessing the prospects for AMD. Moreover, Guardian Life Insur Of America has 0% invested in Advanced Micro Devices, Inc. They issued a "neutral" rating and a $6.50 price objective on the stock. This is a useful tool to help determine how the market prices a company relative to its actual worth.

The Price Index is a ratio that indicates the return of a share price over a past period. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale.

All these opinions have come together to present the composite price target for the stock.

This article was originally published by and is the sole property of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of USA and global copyright and trademark law. Shocker? The volume performance for the stock on the day in question is unusually high, especially when matched against average 58.15M. Presently, the 200-day MA is resting at 12.84, and the 50-day is 12.85. About 39.19 million shares traded. Advanced Micro Devices has a twelve month low of $6.22 and a twelve month high of $15.65.

For the Current Quarter, the growth estimate for Advanced Micro Devices, 500%, while for the Next Quarter the stock growth estimate is 150%. Note, this compares with a consensus analyst forecast of 0.02 in earnings per share for its next fiscal quarterly report. Revenue, on the other hand, scored 23.4% growth from the previous quarter, coming up with $1.51 billion.

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 0.23 in total earnings per share.

Zacks Investment Research upgraded shares of Advanced Micro Devices, Inc. Similarly, investors look up the share price over 12 month periods. Following the transaction, the chief executive officer now directly owns 2,687,640 shares in the company, valued at approximately $17,765,300.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mark D. Papermaster sold 271,454 shares of the business's stock in a transaction on Friday, November 4th. (NASDAQ:AMD) gained 1.01% with the closing price of $12.05. The disclosure for this sale can be found here. A ratio greater than one indicates an undervalued company, while a ratio less than one means a company is overvalued.

Institutional investors have recently bought and sold shares of the stock. Parametric Portfolio Associate Limited has 0.03% invested in Advanced Micro Devices, Inc. CI Investments Inc. now owns 7,322,893 shares of the semiconductor manufacturer's stock worth $93,367,000 after purchasing an additional 5,546,993 shares in the last quarter. State Treasurer State of MI boosted its position in Advanced Micro Devices by 0.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 25,072 shares of the semiconductor manufacturer's stock valued at $129,000 after buying an additional 1,800 shares in the last quarter.

Technical analysts may be interested in how Adv Micro Devices (AMD) is trading in relation to some moving averages. One of the most popular ratios is the "Return on Assets" (aka ROA). Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also facilitate in determining where it may be possibly heading. 20,000 Advanced Micro Devices, Inc. The Firm is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit, 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.

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