The shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) has been pegged with a rating of Outperform by Cowen in its latest research note that was published on January 30th, 2019. The research company has also assigned a $28 price target. Cowen wasn’t the only research firm that published a report of Advanced Micro Devices, Inc., with other equities research analysts also giving their opinion on the stock. Daiwa Securities advised investors in its research note published on December 21st, 2018, to Outperform the AMD stock. The stock had earned Outperform rating from Cowen when it published its report on October 30th, 2018. That day the Cowen set price target on the stock to $26. The stock was given Outperform rating by Northland Capital in its report released on October 25th, 2018. Cowen was of a view that AMD is Outperform in its latest report on October 18th, 2018 while giving it a price target of $33. Robert W. Baird thinks that AMD is worth Neutral rating. This was contained in the firm’s report on October 1st, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 15 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $24.17. The price of the stock the last time has raised by 152.77% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 55.71.
The shares of the company added by 0.13% during the trading session on Wednesday, reaching a low of $22.71 while ending the day at $22.85. During the trading session, a total of 57.26 million shares were traded which represents a 43.62% incline from the average session volume which is 101.56M shares. AMD had ended its last session trading at 22.82. Advanced Micro Devices, Inc. currently has a market cap of $22.46B, while its P/E ratio stands at 73.95, while its P/E earnings growth sits at 3.47, with a beta of 3.46. Advanced Micro Devices, Inc. debt-to-equity ratio currently stands at 1.16, while its quick ratio hovers at 1.40. AMD 52-week low price stands at $9.04 while its 52-week high price is $34.14.
The company in its last quarterly report recorded $0.08 earnings per share which is below the $0.08 predicted by most analysts. The Advanced Micro Devices, Inc. generated $1,419.00 million in revenue during the last quarter, which is slightly lower than the $1,443.40 million predicted by analysts. In the second quarter last year, the firm recorded $0.13 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -62.5%. Advanced Micro Devices, Inc. has the potential to record 0.31 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Seaport Global Securities published a research note on February 13th, 2019 where it informed investors and clients that Ford Motor Company (NYSE:F) is now rated as Neutral. Daiwa Securities also rated F as Initiated on December 21st, 2018, with its price target of $8 suggesting that F could surge by 9.76% from its current share price. Even though the stock has been trading at $8.46/share, analysts expect it to surge higher by -0.59% to reach $9.32/share. It started the day trading at $8.66 and traded between $8.39 and $8.41 throughout the trading session.
A look at its technical shows that F’s 50-day SMA is 8.50 while its 200-day SMA stands at 9.78. The stock has a high of $12.15 for the year while the low is $7.41. The company’s P/E ratio currently sits at 9.15, while the P/B ratio is 0.91. The company’s average trading volume currently stands at 44.78M shares, which means that the short-interest ratio is just 2.05 days. Over the past seven days, the company moved, with its shift of -3.56%. Looking further, the stock has dropped -10.34% over the past 90 days while it lost -11.10% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more F shares, increasing its portfolio by +3.21% during the last quarter. This move now sees The Vanguard Group Inc purchasing 8,928,011 shares in the last quarter, thus it now holds 286,725,652 shares of F, with a total valuation of $2,523,185,738. BlackRock Fund Advisors meanwhile bought more F shares in the recently filed quarter, changing its stake to $1,772,166,405 worth of shares. Newport Trust Co followed the path by increasing its F portfolio by +0.14% in the quarter. This means that Newport Trust Co bought 261,968 shares in the last quarter and now controls 186,873,306 shares of the F stock, with the valuation hitting $1,644,485,093.
Similarly, Franklin Advisers Inc increased its Ford Motor Company shares by +195.94% during the recently filed quarter. After buying 41,382,723 shares in the last quarter, the firm now controls 62,503,262 shares of Ford Motor Company which are valued at $550,028,706. In the same vein, Geode Capital Management LLC decreased its Ford Motor Company shares by during the most recent reported quarter. The firm sold -23,219 shares during the quarter which decreased its stakes to 48,392,909 shares and is now valued at $425,857,599. Following these latest developments, around 23.80% of Ford Motor Company stocks are owned by institutional investors and hedge funds.