Rosenblatt Securities Begins Coverage on Advanced Micro Devices, Inc. (AMD)

On 02/21/2017 close, Advanced Micro Devices, Inc. The stock was up ~300% in 2016. To take look on ration of tradable shares being shorted in market, float short ration was 10.85%, as compared to sentiment indicator; Short Ratio was 1.79. (NASDAQ:AMD) is under coverage by number of analysts. During the same quarter in the previous year, the company posted $-0.10 EPS.

When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at -35.60%. (NASDAQ:AMD) has a market capitalization of $11.87B and most recently 926 M outstanding shares have been calculated. Breaking that down further, it has performed 3.78% for the week, 43.59% for the month, 65.48% over the last quarter, 83.73% for the past half-year and 596.52% for this previous year.

The company's price to free cash flow for trailing twelve months is 940.31. Vetr downgraded shares of Advanced Micro Devices from a "strong-buy" rating to a "buy" rating and set a $7.76 price objective for the a research report on Thursday, October 20th.

Advanced Micro Devices, Inc. holds an earnings per share of $ -0.61 and the EPS growth for this year shows a value of 29.40%. The company presently has an average rating of "Hold" and an average target price of $9.11.

The companies mentioned in this article are subjects of research reports issued recently by investment firms. The firm shows a 20-Day Simple Moving Average of 7.51% with a 200-Day Simple Moving Average of 73.51%. At present, the Gross Margin for Advanced Micro Devices, Inc.

While AMD shares are trading at a meaningful discount to its peer group at 2.6x EV-to-2018 sales versus the peer group average of 3.8x, the firm would note that its shares have historically traded at a discount to the group, peaking at an EV/S multiple of approximately 3.0x in 2006 and averaging roughly 2.0x EV to forward sales in growth periods over the past 20 years.

In related news, CEO Lisa T. Su sold 87,683 shares of Advanced Micro Devices stock in a transaction dated Tuesday, December 27th. (NASDAQ:AMD) went up 6.63% during trading on the U.S. exchange when it had traded 66.24M shares. Advanced Micro Devices, Inc. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. According to their observations and findings, the stock could provide a high EPS of $0.06/share and a Low EPS of $-0.04/share. The disclosure for this sale can be found here. The company's stock has fell -43.28 percent in the past five year. Company insiders own 1.00% of the company's stock. BlackRock Institutional Trust Company N.A. raised its position in Advanced Micro Devices by 11.4% in the third quarter. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal. The Company offers x86 microprocessors as standalone devices or as incorporated as an accelerated processing unit (APU) chipsets discrete graphics processing units (GPUs) and professional graphics and server and embedded processors dense servers semi-custom System-on-Chip (SoC) products and technology for game consoles.