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The closing price of Advanced Micro Devices Inc. (NASDAQ: AMD) was $167.87 for the day, up 0.65% from the previous closing price of $166.78. In other words, the price has increased by $0.65 from its previous closing price. On the day, 43.5 million shares were traded. AMD stock price reached its highest trading level at $169.45 during the session, while it also had its lowest trading level at $165.86.
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 44.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 231.51. 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.
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, Jefferies on May 13, 2024, initiated with a Buy rating and assigned the stock a target price of $190.
On May 07, 2024, DZ Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $190.
TD Cowen reiterated its Buy rating for the stock on April 18, 2024, while the target price for the stock was revised from $185 to $200.
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 Jun 05 ’24 when Su Lisa T sold 142,730 shares for $165.05 per share. The transaction valued at 23,557,973 led to the insider holds 3,002,077 shares of the business.
Papermaster Mark D sold 16,200 shares of AMD for $2,528,960 on May 15 ’24. The Chief Technology Officer & EVP now owns 1,554,602 shares after completing the transaction at $156.11 per share. On May 08 ’24, another insider, Su Lisa T, who serves as the Chair, President & CEO of the company, sold 125,000 shares for $153.69 each. As a result, the insider received 19,211,255 and left with 3,097,230 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 271329951744 and an Enterprise Value of 268293603328. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 245.21, and their Forward P/E ratio for the next fiscal year is 30.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.90 while its Price-to-Book (P/B) ratio in mrq is 4.83. Its current Enterprise Value per Revenue stands at 11.767 whereas that against EBITDA is 69.923.
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 $93.11. The 50-Day Moving Average of the stock is 3.72%, while the 200-Day Moving Average is calculated to be 16.89%.
Shares Statistics:
AMD traded an average of 58.80M shares per day over the past three months and 54835480 shares per day over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.61B. Insiders hold about 0.56% of the company’s shares, while institutions hold 70.51% stake in the company. Shares short for AMD as of 1715731200 were 34802025 with a Short Ratio of 0.59, compared to 1713139200 on 32304929. Therefore, it implies a Short% of Shares Outstanding of 34802025 and a Short% of Float of 2.16.
