Media stories about Advanced Micro Devices (NASDAQ:AMD) have trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Advanced Micro Devices earned a media sentiment score of 1.60 on their scale. InfoTrie also assigned news headlines about the semiconductor manufacturer an news buzz score of 4 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have impacted Advanced Micro Devices’ analysis:
- Stock Market Nears Record Highs On China Hopes, Chip Stocks; Tesla Deliveries Fall: Weekly Review (finance.yahoo.com)
- BUZZ-U.S. stocks weekly: Just shy of highs (finance.yahoo.com)
- Strong Economy and a Rate Cut: Can Trump Have It Both Ways? (finance.yahoo.com)
- Why Did Micron Stock Fall 2.3% on April 4? (finance.yahoo.com)
- Intel stock falls after Wells Fargo downgrade (finance.yahoo.com)
AMD has been the topic of several analyst reports. Bank of America reduced their price target on shares of Advanced Micro Devices from $30.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, December 20th. Daiwa Capital Markets began coverage on Advanced Micro Devices in a report on Friday, December 21st. They issued an “outperform” rating and a $26.00 price objective on the stock. Zacks Investment Research lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Cowen raised their target price on Advanced Micro Devices from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 30th. Finally, JPMorgan Chase & Co. lifted their target price on Advanced Micro Devices from $18.00 to $20.00 and gave the company an “in-line” rating in a research report on Wednesday, January 30th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seventeen have given a buy rating to the company. Advanced Micro Devices presently has a consensus rating of “Hold” and an average price target of $26.33.
Shares of NASDAQ AMD opened at $28.98 on Friday. Advanced Micro Devices has a twelve month low of $9.50 and a twelve month high of $34.14. The company has a quick ratio of 1.36, a current ratio of 1.78 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $31.46 billion, a PE ratio of 82.80, a PEG ratio of 2.02 and a beta of 3.40.
Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, January 29th. The semiconductor manufacturer reported $0.08 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. Advanced Micro Devices had a return on equity of 37.84% and a net margin of 5.20%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the company earned $0.08 EPS. As a group, research analysts anticipate that Advanced Micro Devices will post 0.52 EPS for the current year.
In other news, Director Ahmed Yahia sold 51,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $24.08, for a total value of $1,228,080.00. Following the completion of the transaction, the director now owns 82,806 shares of the company’s stock, valued at $1,993,968.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Paul Darren Grasby sold 6,000 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $27.54, for a total transaction of $165,240.00. Following the completion of the transaction, the senior vice president now owns 28,979 shares of the company’s stock, valued at approximately $798,081.66. The disclosure for this sale can be found here. Insiders have sold 35,423,166 shares of company stock worth $829,270,489 over the last quarter. Insiders own 1.50% of the company’s stock.
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Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.
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