Adv Micro Devices (NASDAQ:AMD) shares traded -2.23% down during most recent session to reach at the closing price of $19.74. The stock exchanged hands 115.63 Million shares versus average trading capacity of 106.95 Million shares, yielding a market cap of $19.55 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $23.95 within the next 52-weeks. The mean target projections are based on 28 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Adv Micro Devices (NASDAQ:AMD) high price target of $40 and with a conservative view have low price target of $7.
Baird “Maintained” Adv Micro Devices (NASDAQ:AMD) in a research note issued to investors on 10/25/18 to Neutral with price target of $25.
Additionally on 10/25/18 BMO Capital “Maintained” Adv Micro Devices (NASDAQ:AMD) to Market Perform setting price target at $18 and on 10/23/18 Barclays “Upgrades” the stock to Equal-Weight at $25. Furthermore on 10/01/18 Baird “Downgrades” the stock to Neutral at $28.
On the other hand the company has Relative Strength Index (RSI 14) of 51.54 along with Average True Range (ATR 14) of 1.45, Consequently Adv Micro Devices (NASDAQ:AMD)’s weekly and monthly volatility is 7.55%, 7.38% respectively. The company’s beta value is at 3.37.
In terms of Buy, Sell or Hold recommendations, Adv Micro Devices (NASDAQ:AMD) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Adv Micro Devices (NASDAQ:AMD)’s minimum EPS for the current quarter is at $0.06 and can go high up to $0.13. The consensus mean EPS for the current quarter is at $0.08 derived from a total of 28 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.08 earnings per share for the same quarter during last year.
Previously Adv Micro Devices (NASDAQ:AMD) reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company posted an earnings surprise of 8.3%.
Adv Micro Devices (NASDAQ:AMD)’s revenue estimates for the current quarter are $1.45 Billion according to 27 number of analysts, for the current quarter the company has high revenue estimates of $1.5 Billion in contradiction of low revenue estimates of $1.38 Billion. For the current year the company’s revenue estimates are $6.51 Billion compared to low analyst estimates of $6.43 Billion and high estimates of $6.57 Billion according to 29 number of analysts.
Currently Adv Micro Devices (NASDAQ:AMD)’s shares owned by insiders are 0.7%, whereas shares owned by institutional owners are 64%. However the six-month change in the insider ownership was recorded -79.01%, as well as three-month change in the institutional ownership was recorded 0.02%.
Adv Micro Devices (NASDAQ:AMD)’s trailing twelve month revenues are $6.54 Billion, whereas its price to sales ratio for the same period is 2.99. Its book value per share for the most recent quarter is $1.14 while its price to book ratio for the same period is 17.32, as for as the company’s cash per share for the most recent quarter is $1.07, however its price to cash per share ratio for the same period is 18.51. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.