Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Advanced Micro Devices Inc.’s stock clocked out at $144.27, down -8.91% from its previous closing price of $158.38. In other words, the price has decreased by -$8.91 from its previous closing price. On the day, 88.89 million shares were traded. AMD stock price reached its highest trading level at $151.34 during the session, while it also had its lowest trading level at $142.14.
Ratios:
To gain a deeper understanding of AMD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 207.99. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 18, 2024, Reiterated its Buy rating but revised its target price to $200 from $185 previously.
On April 16, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $180 to $225.
On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $200.Evercore ISI initiated its Outperform rating on April 16, 2024, with a $200 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 233160523776 and an Enterprise Value of 230247596032. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 275.69, and their Forward P/E ratio for the next fiscal year is 26.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.28 while its Price-to-Book (P/B) ratio in mrq is 4.17. Its current Enterprise Value per Revenue stands at 10.099 whereas that against EBITDA is 60.007.
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 -18.37%, while the 200-Day Moving Average is calculated to be 4.99%.
Shares Statistics:
It appears that AMD traded 66.29M shares on average per day over the past three months and 54020130 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 1.07% of the company’s shares, while institutions hold 71.66% stake in the company. Shares short for AMD as of 1713139200 were 32304929 with a Short Ratio of 0.49, compared to 1710460800 on 38544178. Therefore, it implies a Short% of Shares Outstanding of 32304929 and a Short% of Float of 2.01.
