The closing price of Advanced Micro Devices Inc. (NASDAQ: AMD) was $202.64 for the day, up 5.25% from the previous closing price of $192.53. In other words, the price has increased by $+10.11 from its previous closing price. On the day, 103317858 shares were traded. AMD stock price reached its highest trading level at $202.72 during the session, while it also had its lowest trading level at $195.42.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our analysis of AMD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 292.08. 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 30, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also upped its target price recommendation from $190 to $195.
Susquehanna reiterated its Positive rating for the stock on January 29, 2024, while the target price for the stock was revised from $170 to $210.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 21 when Su Lisa T sold 125,000 shares for $163.35 per share. The transaction valued at 20,418,208 led to the insider holds 3,195,360 shares of the business.
Papermaster Mark D sold 16,200 shares of AMD for $2,876,677 on Feb 15. The Chief Technology Officer & EVP now owns 1,554,602 shares after completing the transaction at $177.57 per share. On Feb 05, another insider, GRASBY PAUL DARREN, who serves as the EVP Strategic Partnerships of the company, sold 40,289 shares for $177.83 each. As a result, the insider received 7,164,593 and left with 90,663 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 327.44B and an Enterprise Value of 324.67B. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 387.23, and their Forward P/E ratio for the next fiscal year is 36.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.44 while its Price-to-Book (P/B) ratio in mrq is 5.86. Its current Enterprise Value per Revenue stands at 14.32 whereas that against EBITDA is 78.25.
Stock Price History:
Over the past 52 weeks, AMD has reached a high of $193.00, while it has fallen to a 52-week low of $76.65. The 50-Day Moving Average of the stock is 163.27, while the 200-Day Moving Average is calculated to be 124.97.
Shares Statistics:
AMD traded an average of 73.44M shares per day over the past three months and 67.32M shares per day over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.60B. Insiders hold about 1.08% of the company’s shares, while institutions hold 71.64% stake in the company. Shares short for AMD as of Feb 15, 2024 were 38.53M with a Short Ratio of 0.52, compared to 45.24M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.38% and a Short% of Float of 2.40%.
Earnings Estimates
The firm’s stock currently is rated by 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 $3.61. EPS for the following year is $5.45, with 36 analysts recommending between $9.05 and $3.52.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 31 analysts. 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 6.10% 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 $25.8B. In the same quarter a year ago, actual revenue was $22.68B, up 13.70% from the average estimate. Based on 40 analysts’ estimates, the company’s revenue will be $32.48B 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 25.90% from the average revenue estimate for this year.
