Where Does Advanced Micro Devices Inc. (AMD) Rank When It Comes To Price-To-Earnings Ratio?


Advanced Micro Devices Inc. (NASDAQ:AMD) finished Thursday with a subtraction of -$4.98 to close at $69.50, a downside of -6.69 percent. An average of 74,980,500 shares of common stock have been traded in the last five days. There was a fall of -$7.16 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 73,863,039 shares traded, while the 50-day average volume stands at 78,406,117.

AMD stock has decreased by -24.86% in the last month. The company shares reached their 1-month lowest point of $69.17 on 09/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $71.60 and a high of $164.46 in 52 weeks. It has reached a new high 2 times so far this year and lost -51.70% or -$74.40 in price. In spite of this, the price is down -57.74% from the 52-week high.

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Insider Transactions

31 days have passed since Advanced Micro Devices Inc. (AMD) last reported insider trading activity. Bergman Rick, who is EVP, Computing & Graphics, most recently acquired $3,000 shares at $92.39 per share on Aug 23. In this transaction, the insider spent $277,170. SVP & GM DESG, Norrod Forrest Eugene, disposed of 824 shares at a price of $99.31 on Aug 18. The insider now owns more than $81,831 worth of shares. Prior to that, Chairman, President & CEO Su Lisa T went on to Sale 125,000 shares at $100.02 each on Aug 18. An amount of $12,502,500 was transacted.

Valuation Metrics

Advanced Micro Devices Inc. (AMD) has a trailing price-to-earnings (P/E) ratio of 29.23. The stock’s beta is 1.99. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.21, the price-to-book (PB) ratio at 2.04, and the price-to-cash flow ratio at 33.76.

Financial Health

The quick ratio of Advanced Micro Devices Inc. for the three months ended June 29 was 2.00, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.04 and a total debt to equity ratio of 0.05 for the quarter ending June 29. Its gross profit as reported stood at $7.93 billion compared to revenue of $16.43 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Advanced Micro Devices Inc.’s return on assets was 7.90%.

Earnings Surprise

For the three-month period that ended June 29, Advanced Micro Devices Inc. had $1.03 billion in cash and short-term investments compared to $2.46 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $447.0 million in the quarter, while revenues were shrunk -58.84%. The analyst consensus anticipated Advanced Micro Devices Inc.’s latest quarter earnings to come in at $1.03 per share, but it turned out to be $1.05, a 1.90% surprise. For the quarter, EBITDA amounted to $1.82 billion. Shareholders own equity worth $1.61 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Advanced Micro Devices Inc. (AMD) price momentum. RSI 9-day as of the close on 22 September was 19.79%, suggesting the stock is oversold, with historical volatility in this time frame at 48.52%.

As of today, AMD’s price is $74.50 -9.34% or -$7.16 from its 5-day moving average. AMD is currently trading -25.05% lower than its 20-day SMA and -18.73% lower than its 100-day SMA. However, the stock’s current price level is -10.35% below the SMA50 and -50.02% below the SMA200.

The stochastic %K and %D were 2.33% and 6.09%, respectively, and the average true range (ATR) was 3.56. With the 14-day stochastic at 2.00% and the average true range at 3.67, the RSI (14) stands at 26.72%. The stock has reached -3.40 on the 9-day MACD Oscillator while the 14-day reading was at -5.14.

Analyst Ratings

Stifel launched coverage on Advanced Micro Devices Inc. (NASDAQ: AMD) in its analyst report released on September 08, 2022. The firm assigned the stock a Buy rating. The consensus rating for Advanced Micro Devices Inc. (AMD) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell AMD, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 25 others rate it as a “buy”.

What is AMD’s price target for the next 12 months?

Analysts predict a range of price targets between $80.00 and $200.00, with a median target of $120.00. Taking a look at these predictions, the average price target given by analysts for Advanced Micro Devices Inc. (AMD) stock is $119.76.


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