Advanced Micro Devices Inc. (NASDAQ: AMD) closed the day trading at $194.79 down -3.93% from the previous closing price of $202.76. In other words, the price has decreased by -$7.97 from its previous closing price. On the day, 69273957 shares were traded.
Ratios:
For a better understanding of AMD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 280.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 31, 2024, Northland Capital Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $195.
Raymond James Downgraded its Strong Buy to Outperform on January 30, 2024, whereas the target price for the stock was revised from $190 to $195.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when WOLIN HARRY A sold 32,789 shares for $212.31 per share. The transaction valued at 6,961,433 led to the insider holds 1,433,596 shares of the business.
HOUSEHOLDER JOSEPH A sold 6,572 shares of AMD for $1,367,502 on Mar 04 ’24. The Director now owns 2,197 shares after completing the transaction at $208.08 per share. On Feb 29 ’24, another insider, SMITH DARLA M, who serves as the Chief Accounting Officer of the company, sold 1,678 shares for $188.66 each. As a result, the insider received 316,571 and left with 4,209 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMD now has a Market Capitalization of 314.74B and an Enterprise Value of 311.97B. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 372.23, and their Forward P/E ratio for the next fiscal year is 35.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.88 while its Price-to-Book (P/B) ratio in mrq is 5.63. Its current Enterprise Value per Revenue stands at 13.76 whereas that against EBITDA is 75.19.
Stock Price History:
Over the past 52 weeks, AMD has reached a high of $227.30, while it has fallen to a 52-week low of $78.51. The 50-Day Moving Average of the stock is 173.17, while the 200-Day Moving Average is calculated to be 128.83.
Shares Statistics:
Over the past 3-months, AMD traded about 75.13M shares per day on average, while over the past 10 days, AMD traded about 84.5M shares per day. A total of 1.62B shares are outstanding, with a floating share count of 1.60B. Insiders hold about 1.07% of the company’s shares, while institutions hold 71.65% stake in the company. Shares short for AMD as of Feb 29, 2024 were 34.38M with a Short Ratio of 0.46, compared to 39.85M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.13% and a Short% of Float of 2.14%.
Earnings Estimates
Current recommendations for the stock of the company come from 31 analysts. On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.69 and a low estimate of $0.56, while EPS last year was $0.6. The consensus estimate for the next quarter is $0.69, with high estimates of $0.84 and low estimates of $0.58.
Analysts are recommending an EPS of between $4.89 and $2.97 for the fiscal current year, implying an average EPS of $3.63. EPS for the following year is $5.48, with 36 analysts recommending between $9.05 and $3.52.
Revenue Estimates
31 analysts predict $5.43B in revenue for the current quarter. It ranges from a high estimate of $5.7B to a low estimate of $5.39B. As of the current estimate, Advanced Micro Devices Inc.’s year-ago sales were $5.35B, an estimated increase of 1.50% from the year-ago figure. For the next quarter, 31 analysts are estimating revenue of $5.69B, an increase of 6.20% over than the figure of $1.50% in the same quarter last year. There is a high estimate of $6.25B for the next quarter, whereas the lowest estimate is $5.4B.
A total of 42 analysts have provided revenue estimates for AMD’s current fiscal year. The highest revenue estimate was $29.91B, while the lowest revenue estimate was $23.71B, resulting in an average revenue estimate of $25.83B. In the same quarter a year ago, actual revenue was $22.68B, up 13.90% from the average estimate. Based on 40 analysts’ estimates, the company’s revenue will be $32.56B in the next fiscal year. The high estimate is $43.8B and the low estimate is $26B. The average revenue growth estimate for next year is up 26.10% from the average revenue estimate for this year.
