Superior Micro Gadgets, Inc. (NASDAQ:AMD – Get Free Report)’s inventory worth gapped down previous to buying and selling on Wednesday after Citigroup lowered their worth goal on the inventory from $210.00 to $200.00. The inventory had beforehand closed at $166.25, however opened at $153.01. Citigroup at present has a purchase score on the inventory. Superior Micro Gadgets shares final traded at $149.90, with a quantity of 13,375,084 shares altering fingers.
Plenty of different brokerages have additionally issued reviews on AMD. Robert W. Baird dropped their goal worth on Superior Micro Gadgets from $200.00 to $175.00 and set an “outperform” score on the inventory in a analysis report on Wednesday, July thirty first. Barclays dropped their worth goal on Superior Micro Gadgets from $180.00 to $170.00 and set an “chubby” score on the inventory in a analysis be aware on Wednesday. Rosenblatt Securities reiterated a “purchase” score and issued a $250.00 worth goal on shares of Superior Micro Gadgets in a analysis be aware on Monday. Piper Sandler reissued an “chubby” score and issued a $180.00 goal worth (down beforehand from $200.00) on shares of Superior Micro Gadgets in a analysis report on Wednesday. Lastly, Roth Mkm restated a “purchase” score and set a $200.00 worth goal on shares of Superior Micro Gadgets in a analysis be aware on Friday, October eleventh. One equities analysis analyst has rated the inventory with a promote score, three have issued a maintain score, twenty-eight have issued a purchase score and one has assigned a powerful purchase score to the corporate. Primarily based on information from MarketBeat, the inventory presently has a median score of “Average Purchase” and a consensus worth goal of $192.79.
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Institutional Inflows and Outflows
Institutional buyers have not too long ago modified their holdings of the corporate. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Superior Micro Gadgets by 59.9% within the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 309,561 shares of the semiconductor producer’s inventory valued at $50,214,000 after buying a further 116,020 shares over the past quarter. Wesbanco Financial institution Inc. grew its holdings in shares of Superior Micro Gadgets by 15.7% through the third quarter. Wesbanco Financial institution Inc. now owns 155,558 shares of the semiconductor producer’s inventory value $25,524,000 after buying a further 21,132 shares through the interval. St. Louis Monetary Planners Asset Administration LLC acquired a brand new stake in shares of Superior Micro Gadgets through the third quarter valued at about $2,394,000. Sycomore Asset Administration elevated its holdings in Superior Micro Gadgets by 28.6% within the 2nd quarter. Sycomore Asset Administration now owns 137,883 shares of the semiconductor producer’s inventory valued at $21,722,000 after buying a further 30,677 shares over the past quarter. Lastly, Customized Index Techniques LLC bought a brand new stake in shares of Superior Micro Gadgets within the third quarter valued at $559,000. 71.34% of the inventory is at present owned by hedge funds and different institutional buyers.
Superior Micro Gadgets Buying and selling Down 3.0 %
The corporate’s 50 day shifting common worth is $155.01 and its 200 day shifting common worth is $155.94. The agency has a market cap of $232.86 billion, a PE ratio of 211.87, a price-to-earnings-growth ratio of two.33 and a beta of 1.70. The corporate has a debt-to-equity ratio of 0.03, a present ratio of two.82 and a fast ratio of two.01.
Superior Micro Gadgets (NASDAQ:AMD – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, October twenty ninth. The semiconductor producer reported $0.92 earnings per share for the quarter, assembly analysts’ consensus estimates of $0.92. The corporate had income of $6.82 billion for the quarter, in comparison with analysts’ expectations of $6.71 billion. Superior Micro Gadgets had a return on fairness of 5.98% and a web margin of 5.82%. Superior Micro Gadgets’s quarterly income was up 17.6% on a year-over-year foundation. Throughout the identical interval final 12 months, the agency earned $0.53 earnings per share. As a gaggle, analysts forecast that Superior Micro Gadgets, Inc. will publish 2.56 EPS for the present fiscal 12 months.
About Superior Micro Gadgets
Superior Micro Gadgets, Inc operates as a semiconductor firm worldwide. It operates by means of Knowledge Heart, Shopper, Gaming, and Embedded segments. The corporate presents x86 microprocessors and graphics processing items (GPUs) as an accelerated processing unit, chipsets, information middle, {and professional} GPUs; and embedded processors, and semi-custom system-on-chip (SoC) merchandise, microprocessor and SoC growth providers and expertise, information processing unites, discipline programmable gate arrays (FPGA), and adaptive SoC merchandise.
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