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The price of Advanced Micro Devices Inc. (NASDAQ: AMD) closed at $154.02 in the last session, down -5.78% from day before closing price of $163.46. In other words, the price has decreased by -$5.78 from its previous closing price. On the day, 75.61 million shares were traded. AMD stock price reached its highest trading level at $164.45 during the session, while it also had its lowest trading level at $153.88.
Ratios:
We take a closer look at AMD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 222.05. 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 the company, HSBC Securities on April 16, 2024, Upgraded its rating to Buy and sets its target price to $225 from $180 previously.
On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $200.
DZ Bank Downgraded its Buy to Hold on March 07, 2024, while the target price for the stock was maintained at $200.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 248917901312 and an Enterprise Value of 246199484416. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 294.32, and their Forward P/E ratio for the next fiscal year is 27.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.98 while its Price-to-Book (P/B) ratio in mrq is 4.45. Its current Enterprise Value per Revenue stands at 10.855 whereas that against EBITDA is 63.882.
Stock Price History:
The Beta on a monthly basis for AMD is 1.65, which has changed by 0.70924425 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -14.69%, while the 200-Day Moving Average is calculated to be 13.73%.
Shares Statistics:
According to the various share statistics, AMD traded on average about 76.14M shares per day over the past 3-months and 60569050 shares per day over the past 10 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 71.61% stake in the company. Shares short for AMD as of 1711584000 were 32846511 with a Short Ratio of 0.43, compared to 1709164800 on 34379955. Therefore, it implies a Short% of Shares Outstanding of 32846511 and a Short% of Float of 2.0399998999999998.
Earnings Estimates
A detailed examination of Advanced Micro Devices Inc. (AMD) is currently in progress, with 31 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.61 for the current quarter, with a high estimate of $0.84 and a low estimate of $0.56, while EPS last year was $0.6. The consensus estimate for the next quarter is $0.7, with high estimates of $1.06 and low estimates of $0.58.
Analysts are recommending an EPS of between $4.94 and $2.97 for the fiscal current year, implying an average EPS of $3.63. EPS for the following year is $5.51, with 37 analysts recommending between $9.07 and $3.52.
Revenue Estimates
According to 31 analysts, the current quarter’s revenue is expected to be $5.46B. It ranges from a high estimate of $6.21B 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 1.90% from the year-ago figure. For the next quarter, 31 analysts are estimating revenue of $5.71B, an increase of 6.50% over than the figure of $1.90% in the same quarter last year. There is a high estimate of $6.93B 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 $29.99B, while the lowest revenue estimate was $23.71B, resulting in an average revenue estimate of $25.82B. In the same quarter a year ago, actual revenue was $22.68B, up 13.90% from the average estimate. Based on 41 analysts’ estimates, the company’s revenue will be $32.62B in the next fiscal year. The high estimate is $43.86B and the low estimate is $26B. The average revenue growth estimate for next year is up 26.30% from the average revenue estimate for this year.
