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The closing price of Advanced Micro Devices Inc. (NASDAQ: AMD) was $136.77 for the day, up 1.86% from the previous closing price of $134.27. In other words, the price has increased by $1.86 from its previous closing price. On the day, 39.56 million shares were traded. AMD stock price reached its highest trading level at $137.985 during the session, while it also had its lowest trading level at $133.23.
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 41.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 163.12. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 0.04 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 July 15, 2024, Reiterated its Buy rating but revised its target price to $210 from $200 previously.
On June 10, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $176.
On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $190.Jefferies initiated its Buy rating on May 13, 2024, with a $190 target price.
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 Jul 15 ’24 when Papermaster Mark D sold 16,756 shares for $184.50 per share. The transaction valued at 3,091,482 led to the insider holds 1,546,227 shares of the business.
Papermaster Mark D sold 16,200 shares of AMD for $2,574,853 on Jun 14 ’24. The Chief Technology Officer & EVP now owns 1,546,227 shares after completing the transaction at $158.94 per share. On Jun 10 ’24, another insider, Hu Jean X., who serves as the EVP, CFO and Treasurer of the company, sold 20,000 shares for $161.40 each. As a result, the insider received 3,227,953 and left with 39,506 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 221359521792 and an Enterprise Value of 218264764416. As of this moment, Advanced’s Price-to-Earnings (P/E) ratio for their current fiscal year is 164.80, and their Forward P/E ratio for the next fiscal year is 25.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.51 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 9.377 whereas that against EBITDA is 53.946.
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 -13.03%, while the 200-Day Moving Average is calculated to be -11.82%.
Shares Statistics:
AMD traded an average of 54.74M shares per day over the past three months and 68091300 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 0.54% of the company’s shares, while institutions hold 70.46% stake in the company. Shares short for AMD as of 1721001600 were 46204114 with a Short Ratio of 0.79, compared to 1718323200 on 41761386. Therefore, it implies a Short% of Shares Outstanding of 46204114 and a Short% of Float of 2.87.
