Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirty research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $185.59.
A number of research analysts have recently weighed in on AMD shares. Wedbush restated an “outperform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. Morgan Stanley lifted their price target on Advanced Micro Devices from $128.00 to $193.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Wells Fargo & Company lifted their price target on Advanced Micro Devices from $165.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $190.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 4th. Finally, JPMorgan Chase & Co. lifted their price target on Advanced Micro Devices from $115.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st.
View Our Latest Research Report on Advanced Micro Devices
Insiders Place Their Bets
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of AMD. O Dell Group LLC purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $27,000. Northwest Bank & Trust Co purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $28,000. Bare Financial Services Inc purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $29,000. MeadowBrook Investment Advisors LLC purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $29,000. Finally, Gables Capital Management Inc. purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $29,000. 71.34% of the stock is owned by hedge funds and other institutional investors.
Advanced Micro Devices Trading Up 0.7 %
Shares of Advanced Micro Devices stock opened at $155.08 on Friday. The firm has a market cap of $250.63 billion, a price-to-earnings ratio of 298.24, a PEG ratio of 2.49 and a beta of 1.64. The business has a 50-day moving average price of $180.16 and a 200-day moving average price of $148.28. The company has a quick ratio of 1.86, a current ratio of 2.51 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a twelve month low of $81.02 and a twelve month high of $227.30.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The semiconductor manufacturer reported $0.77 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.77. The firm had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion. Advanced Micro Devices had a return on equity of 5.73% and a net margin of 3.77%. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. Equities research analysts anticipate that Advanced Micro Devices will post 2.63 EPS for the current fiscal year.
Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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