This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Microsoft, Intel, AMD Among Big Tech Earnings Next Week

AMD Chart AMD data by YCharts

Advanced Micro Devices (AMD - Get Report)

Background: AMD operates as a semiconductor company worldwide. The company designs, develops, and sells microprocessor products. The company was founded in 1969 and is headquartered in Sunnyvale, Calif. AMD trades an average of 23 million shares per day with a market cap of $2 billion.

52-Week Range: $3.09 to $8.35

Book Value: $1.58

Price To Book: 2.06

Investors aren't expecting an improvement in earnings. Analysts forecast per share results below last year in the same quarter. The third-quarter earnings release is planned after the market closes on Thursday.

The consensus estimate is currently 1 cent a share, a drop of 14 cents (93.3%) from 15 cents during the equivalent quarter last year. Analysts are estimating as low as a loss of 3 cents per share all the way up to earnings of 5 cents per share.

Most of the analysts, 20 out of 39, are giving this company a hold rating. Seven recommend this as a buy and six recommend selling.

Four out of the 39 analysts now rate AMD a strong buy, down from six analysts a month ago. Compared to three months ago, fewer analysts are rating this company as a strong buy. Shareholders have not been rewarded for their patience. Shares have fallen 32.6% in the last year, and the average analyst target price for AMD is $4.65.

Short interest with AMD is remarkably high. More than one in five shares is short. Shorts are the smart money, but when they pile on this hard it can backfire, too. The proportion of the float short is 23.8%. Highly shorted, low-priced stocks make for thrilling short squeezes. AMD Revenue Quarterly Chart AMD Revenue Quarterly data by YCharts

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
RVBD $20.99 -0.05%
AMD $2.28 0.00%
FLEX $12.26 0.00%
INTC $33.45 0.00%
MSFT $46.90 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs