Stock Jumping Abnormally High: Advanced Micro Devices, Inc. (NASDAQ:AMD)

earnings estimates

Advanced Micro Devices, Inc. (NASDAQ:AMD) belonging to the Computer and Technology sector has surged 1.67% and closed its last trading session at $8.53.

The company reported its EPS on 10/20/2016. Currently, the stock has a 1 Year Price Target of $7.03.

The consensus recommendation, according to Zacks Investment research, is 2.38. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.38 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.46 and 2.55 respectively.

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 $-0.02. Whereas they predicted High and Low Earnings Estimate as $-0.01 and $-0.03 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.1.

Analysts are also projecting an Average Revenue Estimate for Advanced Micro Devices, Inc. as $1.07 Billion in the Current Quarter. This estimate is provided by 20 analysts. The High Revenue estimate is predicted as 1.08 Billion, while the Low Revenue Estimate prediction stands at 1.07 Billion. The company’s last year sales total was 958 Million.

For the Current Quarter, the growth estimate for Advanced Micro Devices, Inc. is 80%, while for the Next Quarter the stock growth estimate is 66.7%. 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 Upgrade by Credit Suisse on 12-Oct-16 from Underperform to Neutral.

Insider Trades for Advanced Micro Devices, Inc. show that the latest trade was made on 16 Nov 2016 where Anderson (James Robert), the Officer completed a transaction type “Sell” in which 38500 shares were traded at a price of $8.49.

21 analysts projected Price Targets for Advanced Micro Devices, Inc.. The analysts believe that the company stock price could grow as high as $10.5. The Low Price target projection by analysts is $3.5 and the Mean Price Target is $7.03.

Advanced Micro Devices, Inc. (NASDAQ:AMD) has the market capitalization of $7.91 Billion. The company rocked its 52-Week High of $9.23 on Nov 29, 2016 and touched its 52-Week Low of $1.75 on Jan 20, 2016. The stock has Return on Assets (ROA) of -16.9 percent. Return on Equity (ROE) stands at 232.4% and Return on Investment (ROI) of -27.1 percent.

The stock is currently showing YTD performance of 197.21 Percent. The company has Beta Value of 2.52 and ATR value of 0.44. The Weekly and Monthly Volatility stands at 4.67% and 5.41%.

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.