After finishing at $180.77 in the prior trading day, Advanced Micro Devices Inc. (NASDAQ: AMD) closed at $165.83, down -8.26%. In other words, the price has decreased by -$14.94 from its previous closing price. On the day, 87487914 shares were traded.
Ratios:
Our goal is to gain a better understanding of AMD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 239.02. 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 15 ’24 when Papermaster Mark D sold 16,200 shares for $186.73 per share. The transaction valued at 3,025,082 led to the insider holds 1,554,602 shares of the business.
Su Lisa T sold 125,000 shares of AMD for $24,391,404 on Mar 13 ’24. The Chair, President & CEO now owns 3,222,230 shares after completing the transaction at $195.13 per share. On Mar 07 ’24, another insider, WOLIN HARRY A, who serves as the SVP of the company, sold 32,789 shares for $212.31 each. As a result, the insider received 6,961,433 and left with 1,433,596 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 267.89B and an Enterprise Value of 265.12B. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 316.89, and their Forward P/E ratio for the next fiscal year is 30.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.81 while its Price-to-Book (P/B) ratio in mrq is 4.79. Its current Enterprise Value per Revenue stands at 11.69 whereas that against EBITDA is 63.90.
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 $81.02. The 50-Day Moving Average of the stock is 181.90, while the 200-Day Moving Average is calculated to be 132.98.
Shares Statistics:
The stock has traded on average 77.67M shares per day over the past 3-months and 65.12M shares per day over the last 10 days, according to various share statistics. 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 71.66% stake in the company. Shares short for AMD as of Mar 15, 2024 were 38.54M with a Short Ratio of 0.50, compared to 38.53M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.39% and a Short% of Float of 2.40%.
Earnings Estimates
Its stock is currently analyzed by 31 different market 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 $3.62. EPS for the following year is $5.47, with 37 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 43 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 $25.8B. In the same quarter a year ago, actual revenue was $21.06B, up 22.50% from the average estimate. Based on 41 analysts’ estimates, the company’s revenue will be $32.51B 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 26.00% from the average revenue estimate for this year.
