Advanced Micro Devices Inc. (NASDAQ: AMD) has a higher price-to-earnings ratio of 199.80x compared to its average ratio. AMD has 36-month beta value of 1.69. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 15 as “hold,” and 4 as “sell.”
The public float for AMD is 1.61B, and currently, short sellers hold a 2.77% ratio of that float. The average trading volume of AMD on October 11, 2024 was 45.03M shares.
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AMD) stock’s latest price update
The stock of Advanced Micro Devices Inc. (NASDAQ: AMD) has increased by 0.99 when compared to last closing price of 164.18.Despite this, the company has seen a loss of -2.98% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-11 that AMD’s turnaround story includes hiring Jim Keller, switching to TSMC, and capitalizing on Intel’s missteps, leading to a significant market position. AMD’s new GPUs are competitive with Nvidia’s upcoming Blackwell, potentially impacting Nvidia’s margins while boosting AMD’s performance. The primary risk is AMD’s lofty valuation and the potential for customers to develop their own CPUs/GPUs, affecting long-term AI demand.
AMD’s Market Performance
Advanced Micro Devices Inc. (AMD) has seen a -2.98% fall in stock performance for the week, with a 9.98% gain in the past month and a -7.80% plunge in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 3.12% for AMD. The simple moving average for the past 20 days is 2.51% for AMD’s stock, with a 2.15% simple moving average for the past 200 days.
Analysts’ Opinion of AMD
TD Cowen, on the other hand, stated in their research note that they expect to see AMD reach a price target of $210. The rating they have provided for AMD stocks is “Buy” according to the report published on August 19th, 2024.
TD Cowen gave a rating of “Buy” to AMD, setting the target price at $210 in the report published on July 15th of the current year.
AMD Trading at 9.82% 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 -27.05% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares surge +8.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.64% upper at present.
During the last 5 trading sessions, AMD fell by -3.34%, which changed the moving average for the period of 200-days by +15.19% in comparison to the 20-day moving average, which settled at $161.72. In addition, Advanced Micro Devices Inc. saw 12.48% 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 Su Lisa T, who sale 80,000 shares at the price of $144.72 back on Sep 11 ’24. After this action, Su Lisa T now owns 3,566,762 shares of Advanced Micro Devices Inc., valued at $11,577,327 using the latest closing price.
LISA SU, the Director of Advanced Micro Devices Inc., proposed sale 80,000 shares at $142.84 during a trade that took place back on Sep 11 ’24, which means that LISA SU is holding shares at $11,427,200 based on the most recent closing price.
Stock Fundamentals for AMD
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.51 for the gross margin
The net margin for Advanced Micro Devices Inc. stands at 0.06. The total capital return value is set at 0.01. Equity return is now at value 2.42, with 1.99 for asset returns.
Based on Advanced Micro Devices Inc. (AMD), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 1.11. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 8.46.
Currently, EBITDA for the company is 3.85 billion with net debt to EBITDA at -0.42. When we switch over and look at the enterprise to sales, we see a ratio of 11.43. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.82.
Conclusion
To put it simply, Advanced Micro Devices Inc. (AMD) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
