What’s affecting Advanced Micro Devices Inc. (NASDAQ:AMD)?


Advanced Micro Devices Inc. (NASDAQ:AMD) said its revenue at the close of the latest quarter were 984M%, up 0.15% from the same period a year earlier.

Since Advanced Micro Devices Inc. incurred expenses of $653M to generate the revenue. Its gross income in the quarter was $331M. After discounting other operating expenses like salaries from the gross income, it closed up with EPS of $(0.08).

Let’s analyze the technical of the stock

The Barchart Technical Opinion rating is a 16% Buy with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Minimum.

The reported EPS from dividing the net income by the number of outstanding shares. Shareholders should bear in mind that Advanced Micro Devices Inc. closed the quarter with diluted due shares of 939M.

For the imminent quarter, though, the market analysts are expecting EPS of $0.07 from Advanced Micro Devices Inc..

Advanced Micro Devices Inc. finished the recent quarter with a cash balance of 724M%. It recorded net cash flow of $(299M) from operations, resulting in free cash flow of $(322M) for the quarter.

With that, the firm closed the quarter with total assets of $3.3B. Advanced Micro Devices Inc. booked total liabilities of $2.89B in the previous quarter.

Analysts who have analyzed Advanced Micro Devices Inc. so far have a recommendation of Hold on its equity. What does that indicate? A recommendation in between 1.00 – 1.24 implies that a stock is a BUY. A call in the band of 1.75 – 2.24 implies a stock is a HOLD, and a call figure in between 2.75 – 3.00 shows a stock is a SELL. So that explains you the perception of Advanced Micro Devices Inc. on Wall Street.

However, outside HOLD, SELL and BUY other available analyst calls are OVERWEIGHT and UNDERWEIGHT, shown by figures in the range of 1.25 – 1.74 and 2.25 – 2.74, correspondingly.

Analysts on the average are anticipating that shares of Advanced Micro Devices Inc. will be trading at $12.25 in the next 12 months.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.