Advanced Micro Devices, Inc. (NASDAQ:AMD) is scheduled to report quarterly earnings after the close of trading Wednesday.
Watch for how that advantage works out in AMD’s outlook, said Cowen analyst Matthew Ramsay, who has an outperform rating and $21 price target.
“Heading into AMD’s 2Q18 call, we look for further discussion on near-term PC sales momentum, new 7nm Vega GPU launches and the overall CPU/GPU roadmap on 7nm heading into 2019,” Ramsay said in a note. “Front and center for AMD is its advancements into 7nm that will likely place it on process node parity with Intel’s 10nm during 2019, a dynamic not seen in over a decade.”
Recently, research firms Gartner Inc. and International Data Corp. reported that quarterly PC sales saw their strongest year-over-year growth in six years, and analysts see AMD benefiting from that.
Technical Stock Analysis
Advanced Micro Devices, Inc. (NASDAQ:AMD), a Technology sector firm, traded 42.85 Million shares in last trading session and stock went down -1.26% with closing price of $16.50 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Advanced Micro Devices, Inc. (NASDAQ:AMD)’s gross margin stands at 34.90%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Advanced Micro Devices, Inc. (NASDAQ:AMD)’s profitability or to compare the efficiency of different investments, hence, AMD return on investment (ROI) is -48.10%.
52-Week Range
52-Week Range are valuable stats for watching Advanced Micro Devices, Inc. (NASDAQ:AMD)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s stock value has moved between $9.02 – 17.37 in last one year.
Analyst’s Views
Analysts mean target price for Advanced Micro Devices, Inc. (NASDAQ:AMD) is $15.74 while analysts mean recommendation is 2.60.
Stock Performance
Its weekly performance is 1.41% while year to date (YTD) performance is 60.51%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s EPS growth this year is -75.80%. For best decision making investors should look at Advanced Micro Devices, Inc. (NASDAQ:AMD)’s EPS growth for next year stands at 35.31%.
