Advanced Micro Devices (AMD) Scheduled to Post Earnings on Monday

Advanced Micro Devices (NASDAQ:AMD) will post its quarterly earnings results after the market closes on Monday, January 29th. Analysts expect Advanced Micro Devices to post earnings of $0.04 per share for the quarter.

Advanced Micro Devices (NASDAQ AMD) opened at $12.59 on Monday. Advanced Micro Devices has a 1 year low of $9.67 and a 1 year high of $15.65. The company has a market cap of $12,150.00, a P/E ratio of -157.38, a price-to-earnings-growth ratio of 6.56 and a beta of 2.47. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.20 and a current ratio of 1.70.

Several research analysts have recently issued reports on the stock. Vetr downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “buy” rating and set a $13.85 price target for the company. in a report on Friday. Susquehanna Bancshares lowered their price target on shares of Advanced Micro Devices from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday. BMO Capital Markets reiterated a “hold” rating and set a $15.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 18th. Loop Capital reiterated a “hold” rating and set a $13.00 price target (down from $14.00) on shares of Advanced Micro Devices in a report on Wednesday, October 25th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $18.00 price target on shares of Advanced Micro Devices in a report on Monday, September 25th. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $14.56.

In other Advanced Micro Devices news, SVP Harry A. Wolin sold 18,967 shares of the company’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $10.62, for a total transaction of $201,429.54. Following the sale, the senior vice president now owns 975,517 shares of the company’s stock, valued at $10,359,990.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Darla M. Smith sold 18,001 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $11.37, for a total transaction of $204,671.37. Following the sale, the chief accounting officer now directly owns 19,078 shares in the company, valued at approximately $216,916.86. The disclosure for this sale can be found here. In the last three months, insiders sold 1,759,990 shares of company stock worth $19,885,753. 1.60% of the stock is currently owned by insiders.

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Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Earnings History for Advanced Micro Devices (NASDAQ:AMD)

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