The stocks of AMD did end up uploading their quarterly earnings report in a Thursday research note. The manufacture of semiconductors reported an EPS of $0.52 for this quarter, which was more than the consensus estimate of $0.44. The revenue generated by the company during this period was $3.45 billion, which is comprehensively more than the consensus estimate of $3.20 billion. The return on equity for the company during this period was 33.04%, with a 10.17% net margin.
The Stock Commentary Of AMD
The stocks of AMD traded on Wednesday at $0.62. The moving average price of the company over 50 days is $80.31, with the moving average price of the company over 200 days set at $85.88. The year low of the company is $48.42, with a year high of around $99.23. The debt-to-equity ratio of the company has been set at $0.10, with a 2.28 current ratio. The market cap of the firm is $104.25 billion, with a 115.15 PE ratio, and a 1.14 PEG ratio.
There have been quite a few research equities that have commented on the stocks of AMD. Susquehanna has already increased the price target of the company from $115 to $125 with a rating of positive in a Wednesday research report. Loop Capital has also increased the price target of the company from $95 to $115 with a rating of buy in a 27th January research report. Raymond James has also increased the price target of the company from $100 to $110 with a rating of “outperform” in a Wednesday research report. Mizuho has also increased the price target of the company from $105 to $107 with a rating of buy in a Wednesday research report.
Three of the investment analysts have given the stocks of the company a rating of sell, while eight of them have given it a rating of hold. Twenty-three of them have already given the company a rating of buy. Currently, AMD has a buy rating with a $92.09 price target.
