Important Analyst's Guidance about Target Prices: Advanced Micro Devices, Inc.'s (AMD)

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Analysts are forecasting earnings of $-0.07 on a per share basis this quarter. Nine analysts have made estimates for Advanced Micro Devices' earnings, with estimates ranging from ($0.08) to ($0.06). To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The business is expected to announce its next quarterly earnings results after the market closes on Monday, May 1st. (AMD) reported its EPS in the last quarter as $-0.01/Share beating the analyst estimate of $-0.02/Share by the difference of $0.01. During the same period previous year, the firm posted ($0.10) EPS. Zacks' EPS calculations are an average based on a survey of research firms that cover Advanced Micro Devices.

For the past 5 years, Advanced Micro Devices, Inc.'s EPS growth has been almost -23.7%. The firm's quarterly revenue was up 15.4% compared to the same quarter a year ago. The firm earned $1.10 billion during the quarter, compared to analyst estimates of $1.07 billion. Overall, the share price is up 16.02% so far this year.

Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. The share price of the stock surged 4.15% for the year. Stock has got OUTPERFORM rating from no analyst of Thomson Reuters, 2 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. The shares were sold at an average price of $13.33, for a total value of $266,600.00. Goldman Sachs Group Inc assumed coverage on Advanced Micro Devices in a research report on Thursday, April 6th.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

Advanced Micro Devices, Inc. shares decreased -7.23 percent over the past week and fell -11.95 percent over the previous month. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". The stock now has a consensus rating of "Hold" and an average target price of $11.07. Also, Director Development Co Pjsc Mubadala sold 45,000,000 shares of the company's stock in a transaction dated Friday, March 3rd. Analysts have consensus one year price target of $14.89. Following the sale, the senior vice president now directly owns 340,334 shares in the company, valued at $4,781,692.70.

Advanced Micro Devices, Inc.

Walter Investment Management Corp. The disclosure for this sale can be found here. In the last five years, the company's full-year sales growth remained over -8.20% a year on average and the company's earnings per share moved down by an average rate of -23.70%. Company insiders own 1.00% of the company's stock.

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Want to see what other hedge funds are holding AMD? Its price to free cash flow for trailing twelve months is 926.19 and Current ratio for most recent quarter of 1.90. Finally, Trellus Management Company LLC purchased a new position in Advanced Micro Devices during the third quarter worth about $691,000. LLC boosted its position in Advanced Micro Devices by 11.4% in the third quarter.

04/04/2017 - Advanced Micro Devices, Inc. had its " rating reiterated by analysts at Oppenheimer. Advanced Micro Devices, Inc.'s ROE is -24850%, while industry's is -30.11%. "(AMD) to Post -$0.07 EPS" was first published by Transcript Daily and is owned by of Transcript Daily.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze.

Advanced Micro Devices, Inc. has 1 year price target of $12.2. Overall, 53.3 Million shares exchanged hands versus its average trading volume of 70.02 Million shares.

Fundamentalists and value investors are seeing the low ratio of 2.7 as more positive - demonstrating that the company has a great deal of revenue with a fair price.

The stock's price switched up -10.59% 20-Days Simple Moving Average, dropped -9.85% from 50-Days Simple Moving Average and rose 33.22% from 200 Days Simple Moving Average. Pacific Crest reiterated an "equal weight" rating on shares of Advanced Micro Devices in a research note on Wednesday, December 14th.