Home / Features / Advanced Micro Devices (NASDAQ:AMD) Unable To Induce Analysts on Strategic Change- Cypress Semiconductor (NASDAQ:CY)

Advanced Micro Devices (NASDAQ:AMD) Unable To Induce Analysts on Strategic Change- Cypress Semiconductor (NASDAQ:CY)

Advanced Micro Devices, Inc. (NASDAQ:AMD) persists its position slightly strong in context of buying side, while shares price knocked down -0.52% during latest trading session as, Vetr cut its rating from a sell rating to a strong sell rating in a report issued on Monday. They presently have $6.54 price objective on the semiconductor manufacturer’s stock. JPMorgan Chase & Co. reissued a hold rating and set a $6.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, July 26th. MKM Partners reaffirmed a buy rating and issued a $6.30 target price on shares of Advanced Micro Devices in a research report on Tuesday, August 2nd. Canaccord Genuity reaffirmed a buy rating and issued a $6.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, July 19th.

On the other hand, Advanced Micro Devices, Inc. AMD recently reported that it will move out of its Sunnyvale headquarters to a 220,000 square foot, six-storied building in Santa Clara featuring modern amenities and features. The firm intends to shift to the new facility during the second half of 2017. As per some media reports, Advanced Micro has inked a long-term contract with the Irvine Firm for the under-construction site in Santa Clara Square that will include office spaces and retail shops alongside apartments. The Irvine Firm has already inked on Ericsson and the Cambridge Industries Group for the mixed-use hub.

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue.

Narrow down focus to other ratios, the co has current ratio of 1.60 that indicates if AMD lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 1.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities.

Following previous ticker characteristics, Cypress Semiconductor Corporation (NASDAQ:CY) also run on active notice, stock price fell -0.62% after traded at $11.23 in most recent trading session.

CY price to current year EPS stands at 119.00%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 71.40%. The earning yield also gives right direction to lure investment, as the co has 3.92% dividend yield. Moving toward ratio analysis, it has current ratio of 1.60 and quick ratio was calculated as 1.20. The debt to equity ratio appeared as 0.42 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.55% for a week and 2.57% for a month. The price volatility’s Average True Range for 14 days was 0.31. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.50 out of 1-5 scale with week’s performance of -0.53%. CY’s institutional ownership was registered as 98.60%, while insider ownership was 4.10%.

 

About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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