Advanced Micro Devices, Inc. (NASDAQ:AMD) stock remains at 0.00% on Friday, amounting to a one-week price increase of more than 6.47%. Over the last 12 months, AMD stock rose by 24.80%. The one-year AMD stock forecast points to a potential downside of -0.05, with the average price target set at $32.63 per share. The average equity rating for AMD stock is currently 2.60, trading closer to a bullish pattern in the stock market.
The market cap for AMD stock reached $34.14 billion, with 1.09 billion shares outstanding and 1.08 billion shares in the current float. Compared to the average trading volume of 68.89M shares, AMD reached a trading volume of 40,038,139 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Advanced Micro Devices, Inc. (AMD)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMD shares is $33.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMD stock is a recommendation set at Outperform. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Jaffray have made an estimate for Advanced Micro Devices, Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on Aug-19-19. The new note on the price target was released on Aug-13-19, representing the official price target for Advanced Micro Devices, Inc. stock. Previously, the target price had yet another raise from $43 to $44, while RBC Capital Mkts kept a Outperform rating on AMD stock. On Aug-12-19, analysts increased their price target for AMD shares from 40 to 42.
The Average True Range (ATR) for Advanced Micro Devices, Inc. is set at 1.51, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 5.81. The Price to Book ratio for the last quarter was 17.97, with the Price to Cash per share for the same quarter was set at 1.04.
How has AMD stock performed recently?
Advanced Micro Devices, Inc. (AMD) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.47. With this latest performance, AMD shares gained by 5.32% in over the last four-week period, additionally plugging by 34.57% over the last 6 months – not to mention a rise of 24.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMD stock in for the last two-week period is set at 51.53, with the RSI for the last a single of trading hit 52.86, and the three-weeks RSI is set at 50.81 for Advanced Micro Devices, Inc. (AMD). The present Moving Average for the last 50 days of trading for this stock 31.61, while it was recorded at 30.83 for the last single week of trading, and 26.07 for the last 200 days.
Advanced Micro Devices, Inc. (AMD): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Advanced Micro Devices, Inc. (AMD) shares currently have an operating margin of +7.04 and a Gross Margin at +37.79. Advanced Micro Devices, Inc.’s Net Margin is presently recorded at +5.20.
Return on Total Capital for AMD is now 20.17, given the latest momentum, and Return on Invested Capital for the company is 15.62. Return on Equity for this stock inclined to 35.91, with Return on Assets sitting at 8.33. When it comes to the capital structure of this company, Advanced Micro Devices, Inc. (AMD) has a Total Debt to Total Equity ratio set at 98.74. Additionally, AMD Total Debt to Total Capital is recorded at 49.68, with Total Debt to Total Assets ending up at 27.44. Long-Term Debt to Equity for the company is recorded at 87.99, with the Long-Term Debt to Total Capital now at 44.28.
Reflecting on the efficiency of the workforce at the company, Advanced Micro Devices, Inc. (AMD) managed to generate an average of $33,366 per employee. Receivables Turnover for the company is 7.76 with a Total Asset Turnover recorded at a value of 1.60. Advanced Micro Devices, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.10.
Earnings analysis for Advanced Micro Devices, Inc. (AMD)
With the latest financial reports released by the company, Advanced Micro Devices, Inc. posted $0.06/share EPS, while the average EPS was predicted by analysts to be reported at $0.05/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.73. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Advanced Micro Devices, Inc. go to 35.81%.
Insider trade positions for Advanced Micro Devices, Inc. (AMD)
There are presently around $23,089,489,250 million, or 67.63% of AMD stock, in the hands of institutional investors. The top three institutional holders of AMD stocks are: VANGUARD GROUP INC with ownership of 107711218, which is approximately 4.06 of the company’s market cap and around 0.70% of the total institutional ownership; BLACKROCK INC., holding 68843102 shares of the stock with an approximate value of $2.17 billion in AMD stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $1.35 billion in AMD stock with ownership of nearly 4.07 of the company’s market capitalization.
Positions in Advanced Micro Devices, Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 396 institutional holders increased their position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by around 113,875,858 shares. Additionally, 312 investors decreased positions by around 54,352,441 shares, while 77 investors held positions by with 565,936,701 shares. The mentioned changes placed institutional holdings at 734,165,000 shares, according to the latest SEC report filing. AMD stock had 122 new institutional investments in for a total of 11,496,771 shares, while 96 institutional investors sold positions of 12,767,640 shares during the same period.