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.
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.
