Advanced Micro Devices (NASDAQ: AMD) shares have recently received an average ‘buy’ recommendation from 32 analysts. 2 analysts assigned a rating of ‘sell’, 8 allotted ‘hold’, and 20 issued ‘buy’. The company had an average $90.67 price objective for 12 months last year.
On Friday, the company started from $81.05 with the market cap being $98.22 million. Their lowest in 12 months is $36.75 while the highest is $99.23. Their current, quick, and leverage ratio is 2.28, 1.74, and 0.10. Their 50 day rolling average is $87.16 while the 200 day is $86.06.
According to their 25th January report, their quarterly EPS was $0.52, topping the $0.47 consensus estimate by almost $0.05. They had a 10.17% net margin with a 33.04% equity return. Their revenue was $3.24 billion, surpassing the $3.03 billion estimate.
Market Undertakings Of AMD Stock
JPMorgan Chase and Co. lifted the price objective of AMD shares to $100 from $86 and gave a rating of ‘neutral’. Northland Securities upgraded it to $84 from $75 and gave a rating of ‘market perform’. Cowen raised it to $120 from $110 and gave a rating of ‘outperform’. Deutsche Bank promoted it to $90 from $75 and gave a rating of ‘hold’. Wells Fargo and Co. upped it to $120 from $100 and gave a rating of ‘overweight’.
Rick Bergman, EVP, sold off 2,000 AMD shares at $88.29 EPS worth $176,580. Forrest Eugene, SVP, sold off 81,500 AMD shares at $88.80 worth $7,237,200. 1.20% firm’s stock is owned by insiders.
Freestone Cap. Holdings purchased new holdings in the company, owning $25,000 worth of shares. McCarthy Management acquired a new stake and own $28,000 worth of shares. Tsfg upgraded their position by nearly 65.8% and own shares priced at $29,000. Oder Management purchased a new stake and own $30,000 worth of shares. Sittner and Nelson acquired a new position, owning shares valued at $32,000. 67.01% AMD stock is owned by institutional investors.
