The stock of Advanced Micro Devices Inc. (AMD) has gone down by -4.19% for the week, with a -16.18% drop in the past month and a 10.31% rise in the past quarter. The volatility ratio for the week is 2.81%, and the volatility levels for the past 30 days are 4.21% for AMD. The simple moving average for the last 20 days is -8.33% for AMD stock, with a simple moving average of 21.26% for the last 200 days.
Is It Worth Investing in Advanced Micro Devices Inc. (NASDAQ: AMD) Right Now?
Advanced Micro Devices Inc. (NASDAQ: AMD) has a price-to-earnings ratio that is above its average at 312.02x. The stock has a 36-month beta value of 1.64. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 5 as “overweight,” 15 as “hold,” and 4 as “sell.”
The public float for AMD is 1.60B, and at present, short sellers hold a 2.05% of that float. On April 15, 2024, the average trading volume of AMD was 77.06M shares.
AMD) stock’s latest price update
Advanced Micro Devices Inc. (NASDAQ: AMD) has seen a decline in its stock price by -4.23 in relation to its previous close of 170.50. However, the company has experienced a -4.19% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-13 that Nvidia’s dominance in GPUs has allowed it to achieve a majority market share in AI chips. Meanwhile, Microsoft’s vast financial resources led to a lucrative partnership with OpenAI and access to some of the most advanced AI models.
Analysts’ Opinion of AMD
Many brokerage firms have already submitted their reports for AMD stocks, with DZ Bank repeating the rating for AMD by listing it as a “Hold.” The predicted price for AMD in the upcoming period, according to DZ Bank is $200 based on the research report published on March 07, 2024 of the current year 2024.
Northland Capital, on the other hand, stated in their research note that they expect to see AMD reach a price target of $195. The rating they have provided for AMD stocks is “Outperform” according to the report published on January 31st, 2024.
Raymond James gave a rating of “Outperform” to AMD, setting the target price at $195 in the report published on January 30th of the current year.
AMD Trading at -9.85% from the 50-Day Moving Average
After a stumble in the market that brought AMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.17% of loss for the given period.
Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares sank -12.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.63% lower at present.
During the last 5 trading sessions, AMD fell by -4.19%, which changed the moving average for the period of 200-days by +47.91% in comparison to the 20-day moving average, which settled at $176.92. In addition, Advanced Micro Devices Inc. saw 10.77% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMD starting from Papermaster Mark D, who sale 16,200 shares at the price of $186.73 back on Mar 15 ’24. After this action, Papermaster Mark D now owns 1,554,602 shares of Advanced Micro Devices Inc., valued at $3,025,082 using the latest closing price.
Su Lisa T, the Chair, President & CEO of Advanced Micro Devices Inc., sale 125,000 shares at $195.13 during a trade that took place back on Mar 13 ’24, which means that Su Lisa T is holding 3,222,230 shares at $24,391,404 based on the most recent closing price.
Stock Fundamentals for AMD
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.46 for the gross margin
The net margin for Advanced Micro Devices Inc. stands at 0.04. The total capital return value is set at 0.01. Equity return is now at value 1.54, with 1.26 for asset returns.
Based on Advanced Micro Devices Inc. (AMD), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 4.19.
Currently, EBITDA for the company is 4.15 billion with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 11.59. The receivables turnover for the company is 4.21for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
To sum up, Advanced Micro Devices Inc. (AMD) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
