Unusual Volume Spikes For: Advanced Micro Devices, Incorporated (NASDAQ:AMD)

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Advanced Micro Devices, Inc. (NASDAQ:AMD) Designs Microprocessors, Embedded Media/Graphics Processors And Chipsets For Computers And Consumer Electronics. Belonging to the Computer and Technology sector which surged 3.6% and closed its last trading session at $6.91.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/20/2016. Currently, the stock has a 1 Year Price Target of $6.12.

The consensus recommendation, according to Zacks Investment research, is 2.43. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.55 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.66 and 2.65 respectively.

Advanced Micro Devices, Inc. on 6/30/2016 reported its EPS as $-0.05 with the analysts projecting the EPS of the stock as $-0.08. The company beat the analyst EPS Estimate with the difference of $0.03. This shows a surprise factor of 37.5%.

Many analysts have provided their estimated foresights on Advanced Micro Devices, Inc. Earnings, with 17 analysts believing the company would generate an Average Estimate of $0. Whereas they predicted High and Low Earnings Estimate as $0.01 and $-0.02 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.17.

Analysts are also projecting an Average Revenue Estimate for Advanced Micro Devices, Inc. as $1.21 Billion in the Current Quarter. This estimate is provided by 19 analysts. The High Revenue estimate is predicted as 1.22 Billion, while the Low Revenue Estimate prediction stands at 1.2 Billion. The company’s last year sales total was 1.06 Billion.

For the Current Quarter, the growth estimate for Advanced Micro Devices, Inc. is 100%, while for the Next Quarter the stock growth estimate is 70%. In the past 5 years, the stock showed growth of -43.28% per annum. While for the next 5 years, the growth estimate is -98.3%.

The Company got Initiated by Susquehanna on 20-Sep-16 to Neutral.

Insider Trades for Advanced Micro Devices, Inc. show that the latest trade was made on 28 Aug 2016 where Donofrio (Nicholas M), the Director completed a transaction type “Buy” in which 69100 shares were traded at a price of $7.68.

 

18 analysts projected Price Targets for Advanced Micro Devices, Inc. The analysts believe that the company stock price could grow as high as $9. The Low Price target projection by analysts is $2.5 and the Mean Price Target is $6.12.

Advanced Micro Devices, Inc. (NASDAQ:AMD) has the market capitalization of $5.97 Billion. The company rocked its 52-Week High of $8 on Aug 19, 2016 and touched its 52-Week Low of $1.75 on Jan 20, 2016. The stock has Return on Assets (ROA) of -10.8 percent. Return on Equity (ROE) stands at 81.5% and Return on Investment (ROI) of -27.1 percent.

The stock is currently showing YTD performance of 140.77 Percent. The company has Beta Value of 2.34 and ATR value of 0.28. The Weekly and Monthly Volatility stands at 3.77% and 4.35%.

Company profile:

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.