Advanced Micro Devices Inc. (NASDAQ: AMD) has a higher price-to-earnings ratio of 187.94x compared to its average ratio, The 36-month beta value for AMD is at 1.69. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 15 as “hold,” and 4 as “sell.”
The public float for AMD is 1.61B, and currently, shorts hold a 2.77% of that float. The average trading volume for AMD on October 21, 2024 was 43.73M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
AMD) stock’s latest price update
The stock of Advanced Micro Devices Inc. (NASDAQ: AMD) has decreased by -0.18 when compared to last closing price of 156.25. Despite this, the company has experienced a -7.10% fall in its stock price over the last five trading sessions. fool.com reported 2024-10-20 that These companies’ share prices are discounted considering the long-term potential in semiconductors and cloud computing.
AMD’s Market Performance
AMD’s stock has fallen by -7.10% in the past week, with a monthly drop of -0.49% and a quarterly rise of 0.06%. The volatility ratio for the week is 2.82% while the volatility levels for the last 30 days are 3.16% for Advanced Micro Devices Inc. The simple moving average for the last 20 days is -4.41% for AMD stock, with a simple moving average of -4.13% for the last 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 1.56% 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 -31.38% of loss for the given period.
Volatility was left at 3.16%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares surge +0.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.41% upper at present.
During the last 5 trading sessions, AMD fell by -7.10%, which changed the moving average for the period of 200-days by +15.26% in comparison to the 20-day moving average, which settled at $163.17. In addition, Advanced Micro Devices Inc. saw 5.81% 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 10.77. 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
In conclusion, Advanced Micro Devices Inc. (AMD) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.