Advanced Micro Devices (AMD) Given Daily Media Sentiment Rating of 2.17

Media headlines about Advanced Micro Devices (NASDAQ:AMD) have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Advanced Micro Devices earned a daily sentiment score of 2.17 on their scale. InfoTrie also assigned news coverage about the semiconductor manufacturer an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Advanced Micro Devices’ ranking:

A number of research analysts have issued reports on the stock. Bank of America boosted their price objective on shares of Advanced Micro Devices from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, April 8th. Mizuho boosted their price objective on shares of Advanced Micro Devices from $28.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Barclays boosted their price objective on shares of Advanced Micro Devices from $26.00 to $28.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 1st. Zacks Investment Research raised shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. Finally, Credit Suisse Group boosted their price objective on shares of Advanced Micro Devices from $13.50 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $28.31.

Shares of AMD stock opened at $26.66 on Wednesday. Advanced Micro Devices has a one year low of $11.40 and a one year high of $34.14. The stock has a market cap of $28.84 billion, a P/E ratio of 76.17, a PEG ratio of 1.69 and a beta of 3.37. The company has a current ratio of 2.08, a quick ratio of 1.54 and a debt-to-equity ratio of 0.57.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, April 30th. The semiconductor manufacturer reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.01. Advanced Micro Devices had a net margin of 4.46% and a return on equity of 25.23%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the prior year, the firm posted $0.11 EPS. Advanced Micro Devices’s revenue for the quarter was down 22.8% on a year-over-year basis. On average, analysts forecast that Advanced Micro Devices will post 0.55 EPS for the current year.

In related news, SVP Paul Darren Grasby sold 6,000 shares of the stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $27.54, for a total transaction of $165,240.00. Following the sale, the senior vice president now directly owns 28,979 shares of the company’s stock, valued at approximately $798,081.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 50,000 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $22.07, for a total transaction of $1,103,500.00. Following the sale, the chief executive officer now directly owns 2,311,264 shares in the company, valued at $51,009,596.48. The disclosure for this sale can be found here. Insiders have sold a total of 532,664 shares of company stock worth $13,279,429 over the last three months. 1.50% of the stock is currently owned by insiders.

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About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.

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