As of close of business last night, Advanced Micro Devices Inc.’s stock clocked out at $87.45, up 6.63% from its previous closing price of $82.01. In other words, the price has increased by $+5.44 from its previous closing price. On the day, 66475675 shares were traded. AMD stock price reached its highest trading level at $88.30 during the session, while it also had its lowest trading level at $83.63.
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To gain a deeper understanding of AMD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
On February 01, 2023, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $76.
Susquehanna reiterated its Positive rating for the stock on January 30, 2023, while the target price for the stock was revised from $80 to $88.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 when KUMAR DEVINDER sold 41,849 shares for $81.67 per share. The transaction valued at 3,417,836 led to the insider holds 555,750 shares of the business.
Papermaster Mark D sold 30,000 shares of AMD for $2,450,804 on Mar 06. The Chief Technology Officer & EVP now owns 1,516,945 shares after completing the transaction at $81.69 per share. On Feb 15, another insider, GRASBY PAUL DARREN, who serves as the EVP & CSO of the company, sold 12,500 shares for $85.17 each. As a result, the insider received 1,064,625 and left with 108,442 shares of the company.
As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.81, and their Forward P/E ratio for the next fiscal year is 20.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.07 while its Price-to-Book (P/B) ratio in mrq is 2.58.
Stock Price History:
Over the past 52 weeks, AMD has reached a high of $125.67, while it has fallen to a 52-week low of $54.57. The 50-Day Moving Average of the stock is 77.09, while the 200-Day Moving Average is calculated to be 78.04.
It appears that AMD traded 56.69M shares on average per day over the past three months and 63.54M shares per day over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.61B. Insiders hold about 0.50% of the company’s shares, while institutions hold 70.70% stake in the company. Shares short for AMD as of Jan 12, 2023 were 31.12M with a Short Ratio of 34.23M, compared to 33.18M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.93% and a Short% of Float of 1.94%.
As of right now, 28 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.54, while EPS last year was $1.13. The consensus estimate for the next quarter is $0.64, with high estimates of $0.76 and low estimates of $0.57.
Analysts are recommending an EPS of between $3.49 and $2.6 for the fiscal current year, implying an average EPS of $3.05. EPS for the following year is $4.33, with 32 analysts recommending between $6.25 and $3.43.
In the current quarter, 27 analysts expect revenue to total $5.3B. It ranges from a high estimate of $5.33B to a low estimate of $5.24B. As of the current estimate, Advanced Micro Devices Inc.’s year-ago sales were $5.89B, an estimated decrease of -9.90% from the year-ago figure. For the next quarter, 27 analysts are estimating revenue of $5.53B, a decrease of -15.50% less than the figure of -$9.90% in the same quarter last year. There is a high estimate of $5.83B for the next quarter, whereas the lowest estimate is $5.25B.
A total of 35 analysts have provided revenue estimates for AMD’s current fiscal year. The highest revenue estimate was $25.16B, while the lowest revenue estimate was $21.5B, resulting in an average revenue estimate of $23.62B. In the same quarter a year ago, actual revenue was $23.6B, up 0.10% from the average estimate. Based on 33 analysts’ estimates, the company’s revenue will be $27.61B in the next fiscal year. The high estimate is $33B and the low estimate is $24.89B. The average revenue growth estimate for next year is up 16.90% from the average revenue estimate for this year.