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After finishing at $155.78 in the prior trading day, Advanced Micro Devices Inc. (NASDAQ: AMD) closed at $154.43, down -0.87%. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 37.29 million shares were traded. AMD stock price reached its highest trading level at $157.7 during the session, while it also had its lowest trading level at $153.66.
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 41.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 212.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On April 18, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $185 to $200.
HSBC Securities Upgraded its Hold to Buy on April 16, 2024, whereas the target price for the stock was revised from $180 to $225.
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 Apr 15 ’24 when Papermaster Mark D sold 16,200 shares for $164.25 per share. The transaction valued at 2,660,850 led to the insider holds 1,554,602 shares of the business.
Papermaster Mark D sold 16,200 shares of AMD for $3,025,082 on Mar 15 ’24. The Chief Technology Officer & EVP now owns 1,554,602 shares after completing the transaction at $186.73 per share. On Mar 13 ’24, another insider, Su Lisa T, who serves as the Chair, President & CEO of the company, sold 125,000 shares for $195.13 each. As a result, the insider received 24,391,404 and left with 3,222,230 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 249606750208 and an Enterprise Value of 246570352640. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 225.58, and their Forward P/E ratio for the next fiscal year is 27.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.95 while its Price-to-Book (P/B) ratio in mrq is 4.45. Its current Enterprise Value per Revenue stands at 10.814 whereas that against EBITDA is 64.261.
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 $89.17. The 50-Day Moving Average of the stock is -11.71%, while the 200-Day Moving Average is calculated to be 11.84%.
Shares Statistics:
The stock has traded on average 63.83M shares per day over the past 3-months and 51101680 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 1.08% of the company’s shares, while institutions hold 71.42% stake in the company. Shares short for AMD as of 1713139200 were 32304929 with a Short Ratio of 0.51, compared to 1710460800 on 38544178. Therefore, it implies a Short% of Shares Outstanding of 32304929 and a Short% of Float of 2.01.
