Analysts See $0.10 EPS for Advanced Micro Devices, Inc. (AMD); Newtek Business Services (NEWT) Shorts Decreased By 4.08%

June 22, 2018 - By Vivian Park

Advanced Micro Devices, Inc. (NASDAQ:AMD) Logo

Analysts expect Advanced Micro Devices, Inc. (NASDAQ:AMD) to report $0.10 EPS on July, 24.They anticipate $0.11 EPS change or 1,100.00% from last quarter’s $-0.01 EPS. AMD’s profit would be $96.93 million giving it 39.13 P/E if the $0.10 EPS is correct. After having $0.08 EPS previously, Advanced Micro Devices, Inc.’s analysts see 25.00% EPS growth. The stock decreased 5.27% or $0.87 during the last trading session, reaching $15.65. About 94.10M shares traded or 57.11% up from the average. Advanced Micro Devices, Inc. (NASDAQ:AMD) has risen 23.32% since June 22, 2017 and is uptrending. It has outperformed by 10.75% the S&P500. Some Historical AMD News: 13/03/2018 – ADVANCED MICRO `ACTIVELY INVESTIGATING’ CTS LABS REPORT ON CO; 27/03/2018 – AMD Refutes Crypto-Dependency Claims — Barron’s Blog; 03/04/2018 – Secretive Chinese bitcoin mining company just revealed a new chip that could hurt AMD, Nvidia; 24/05/2018 – BioTime Further Expands OpRegen® Clinical Trial in Dry-AMD With the Opening of Two Additional U.S. Sites; 16/03/2018 – S&PGR Upgrades Advanced Micro Devices To ‘B’; Outlook Stable; 14/05/2018 – World’s Largest Commercial PC Manufacturers Introduce AMD Ryzen™ PRO Mobile and Desktop APU Powered Systems; 13/03/2018 – AMD’s Signs of Life as it Enters ‘Ryzen’ Year Two — Barron’s Blog; 27/04/2018 – EXCLUSIVE-U.S. considers tightening grip on China ties to Corporate America; 26/04/2018 – Advanced Micro Devices reported better than expected earnings results and gave strong sales guidance Wednesday; 05/03/2018 The Klein Law Firm Reminds Investors of a Class Action on Behalf of Advanced Micro Devices, Inc. Shareholders and a Lead Plaint

Newtek Business Services Corp (NASDAQ:NEWT) had a decrease of 4.08% in short interest. NEWT’s SI was 489,600 shares in June as released by FINRA. Its down 4.08% from 510,400 shares previously. With 132,500 avg volume, 4 days are for Newtek Business Services Corp (NASDAQ:NEWT)’s short sellers to cover NEWT’s short positions. The SI to Newtek Business Services Corp’s float is 3.01%. The stock decreased 0.98% or $0.19 during the last trading session, reaching $19.2. About 40,059 shares traded. Newtek Business Services Corp. (NASDAQ:NEWT) has risen 14.46% since June 22, 2017 and is uptrending. It has outperformed by 1.89% the S&P500. Some Historical NEWT News: 03/04/2018 – Analysis: Positioning to Benefit within ForeScout Technologies, CommerceHub, Newtek Business Services, Credit Acceptance, Akari; 19/04/2018 – DJ Newtek Business Services Corp, Inst Holders, 1Q 2018 (NEWT); 11/05/2018 – Newtek Reiterates Its 2018 Annual Cash Div Forecast of $1.70 a Shr; 25/05/2018 – Report: Exploring Fundamental Drivers Behind Allegiant Travel, Hurco Companies, Newtek Business Services, Middlesex Water, TriM; 05/03/2018 – Newtek Forecasts Paying Annual Cash Dividend of $1.70 Per Share in 2018; 29/03/2018 – NEWTEK BUSINESS SERVICES- EXISTING LINE OF CREDIT USED TO FINANCE PORTFOLIO CO ORIGINATED SBA 504 LOANS IN PROCESS OF BEING INCREASED TO $40.0 MLN; 09/03/2018 – Newtek Business Services Short-Interest Ratio Up 123% to 7 Days; 09/04/2018 – Panopto Announces Support For NewTek NDI® Standard; 06/03/2018 – NEWTEK BUSINESS SERVICES CORP NEWT.O : COMPASS POINT RAISES TARGET PRICE TO $17.75 FROM $17.25; 05/03/2018 – Newtek Net Asset Value Was $278.3 Million, or $15.08/Share, at Dec 31

More recent Newtek Business Services Corp. (NASDAQ:NEWT) news were published by: Nasdaq.com which released: “Report: Exploring Fundamental Drivers Behind Allegiant Travel, Hurco Companies, Newtek Business Services …” on May 25, 2018. Also Seekingalpha.com published the news titled: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” on May 24, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For June 5, 2018” with publication date: June 05, 2018 was also an interesting one.

Investors sentiment increased to 1.32 in Q1 2018. Its up 0.17, from 1.15 in 2017Q4. It improved, as 6 investors sold Newtek Business Services Corp. shares while 13 reduced holdings. 13 funds opened positions while 12 raised stakes. 3.48 million shares or 1.21% less from 3.52 million shares in 2017Q4 were reported. Advisory Svcs Lc owns 4,910 shares for 0.01% of their portfolio. Guggenheim Ltd holds 0% of its portfolio in Newtek Business Services Corp. (NASDAQ:NEWT) for 69,073 shares. Stratos Wealth Prns stated it has 0% of its portfolio in Newtek Business Services Corp. (NASDAQ:NEWT). Private Advisor Grp Limited Liability accumulated 0.02% or 28,850 shares. Jpmorgan Chase & Co owns 0% invested in Newtek Business Services Corp. (NASDAQ:NEWT) for 3,865 shares. Goldman Sachs Inc, New York-based fund reported 46,159 shares. Raymond James Assocs has invested 0% in Newtek Business Services Corp. (NASDAQ:NEWT). Fincl Bank Of America Corporation De reported 65,006 shares. Manufacturers Life Insurance The has invested 0% in Newtek Business Services Corp. (NASDAQ:NEWT). Wells Fargo And Mn, a California-based fund reported 10,973 shares. Raymond James Fincl Services Advisors Incorporated invested in 0% or 10,410 shares. Pub Employees Retirement System Of Ohio holds 0.01% or 95,192 shares. Royal Bancorp Of Canada has invested 0% in Newtek Business Services Corp. (NASDAQ:NEWT). Lpl Financial Lc holds 0% or 19,157 shares. Tower Rech Capital Limited Liability Company (Trc) owns 5,809 shares.

Newtek Business Services Corp. is a business development firm specializing in providing financial and business services to the small-and medium-sized business market in the United States. The company has market cap of $359.85 million. The firm also seeks to invest in early stage businesses. It has a 8.32 P/E ratio. The firm seeks to makes both debt and equity investments.

Among 5 analysts covering Newtech (NASDAQ:NEWT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Newtech had 15 analyst reports since August 3, 2015 according to SRatingsIntel. On Thursday, October 22 the stock rating was initiated by Raymond James with “Market Perform”. The rating was upgraded by Raymond James to “Outperform” on Tuesday, November 10. The stock of Newtek Business Services Corp. (NASDAQ:NEWT) has “Hold” rating given on Tuesday, March 6 by Keefe Bruyette & Woods. The stock of Newtek Business Services Corp. (NASDAQ:NEWT) has “Market Perform” rating given on Tuesday, June 5 by Raymond James. As per Friday, May 5, the company rating was upgraded by Compass Point. As per Thursday, December 10, the company rating was initiated by Keefe Bruyette & Woods. The firm has “Neutral” rating by Compass Point given on Wednesday, May 24. On Thursday, June 16 the stock rating was initiated by DA Davidson with “Buy”. As per Monday, August 3, the company rating was maintained by Singular Research. The company was maintained on Friday, October 13 by Keefe Bruyette & Woods.

Among 33 analysts covering Advanced Micro (NASDAQ:AMD), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. Advanced Micro had 132 analyst reports since August 13, 2015 according to SRatingsIntel. On Monday, March 5 the stock rating was maintained by Northland Capital with “Buy”. The firm earned “Buy” rating on Friday, April 13 by Wells Fargo. On Wednesday, October 25 the stock rating was maintained by Jefferies with “Buy”. Stifel Nicolaus maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) rating on Thursday, April 26. Stifel Nicolaus has “Buy” rating and $14 target. The company was maintained on Wednesday, July 26 by Jefferies. The firm earned “Buy” rating on Monday, July 24 by Canaccord Genuity. Rosenblatt maintained Advanced Micro Devices, Inc. (NASDAQ:AMD) on Friday, June 23 with “Buy” rating. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, October 4 report. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) has “Buy” rating given on Thursday, October 19 by Canaccord Genuity. The stock has “Neutral” rating by Credit Suisse on Wednesday, October 25.

Since January 3, 2018, it had 0 insider purchases, and 23 selling transactions for $33.23 million activity. 100,000 Advanced Micro Devices, Inc. (NASDAQ:AMD) shares with value of $1.16 million were sold by Papermaster Mark D. Norrod Forrest Eugene sold $954,375 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) on Monday, June 11. SMITH DARLA M sold $182,405 worth of stock or 13,243 shares. $1.49M worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were sold by ANDERSON JAMES ROBERT. KUMAR DEVINDER had sold 113,519 shares worth $1.30 million. 100,000 shares were sold by Su Lisa T, worth $1.20 million. The insider WOLIN HARRY A sold $906,556.

Investors sentiment increased to 1.31 in Q1 2018. Its up 0.22, from 1.09 in 2017Q4. It is positive, as 44 investors sold Advanced Micro Devices, Inc. shares while 110 reduced holdings. 67 funds opened positions while 135 raised stakes. 572.02 million shares or 0.90% less from 577.22 million shares in 2017Q4 were reported. Cambridge Rech Advisors Inc has 0.01% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Aperio Grp Limited reported 287,865 shares. Wafra Invest Advisory Grp Incorporated New York invested 0.27% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Dynamic Cap Mgmt stated it has 0.47% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Moreover, State Of Tennessee Treasury Department has 0.01% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 197,799 shares. Vanguard Gru holds 0.04% or 100.03M shares. Alliancebernstein Ltd Partnership holds 0.02% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 2.66 million shares. Hap Trading Ltd Liability Corporation reported 0.21% stake. Pub Sector Pension Board owns 45,795 shares. Menta Cap Ltd Liability Corp accumulated 0.05% or 22,478 shares. Principal Financial Grp Inc Inc invested in 0.01% or 1.19 million shares. Qcm Cayman Limited owns 16,167 shares. Moreover, Soros Fund Mgmt Limited Liability has 0.06% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Commerzbank Aktiengesellschaft Fi owns 0.32% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD) for 2.88 million shares. Koch Industry has 89,512 shares.

Advanced Micro Devices, Inc. operates as a semiconductor firm worldwide. The company has market cap of $15.17 billion. The Company’s primarily offers x86 microprocessors as an accelerated processing unit , chipsets, discrete graphics processing units (GPUs), and professional graphics; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It has a 102.96 P/E ratio. The firm provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brand names.

More notable recent Advanced Micro Devices, Inc. (NASDAQ:AMD) news were published by: Nasdaq.com which released: “NVIDIA and AMD Are About to Lose This Big Catalyst” on June 21, 2018, also Seekingalpha.com with their article: “Hype Vs. Hope” published on June 22, 2018, Fool.com published: “Better Buy: Ambarella, Inc. vs. Advanced Micro Devices” on June 19, 2018. More interesting news about Advanced Micro Devices, Inc. (NASDAQ:AMD) were released by: Benzinga.com and their article: “Morgan Stanley Sticks To Bearish Stance On AMD, Points To Risks In Graphics Business” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “AMD Shorts Not Giving Up” with publication date: June 12, 2018.

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