Advanced Micro Devices Inc. [AMD] gain 79.72% so far this year. What now?

Advanced Micro Devices Inc. [NASDAQ: AMD] price surged by 1.38 percent to reach at $1.12. The company report on August 4, 2020 that New AMD Radeon™ Pro 5000 Series GPUs Bring Exceptional Graphics Performance to Updated 27-inch iMac.

A sum of 31307758 shares traded at recent session while its average daily volume was at 63.31M shares. Advanced Micro Devices Inc. shares reached a high of $83.06 and dropped to a low of $81.552 until finishing in the latest session at $82.42.

The one-year AMD stock forecast points to a potential downside of -9.41. The average equity rating for AMD stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $75.33 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 2.40. 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.

Jefferies have made an estimate for Advanced Micro Devices Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 04, 2020. The new note on the price target was released on July 29, 2020, representing the official price target for Advanced Micro Devices Inc. stock. On July 29, 2020, analysts increased their price target for AMD shares from 65 to 90.

The Average True Range (ATR) for Advanced Micro Devices Inc. is set at 3.91, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 12.74. The Price to Book ratio for the last quarter was 29.23, with the Price to Cash per share for the same quarter was set at 1.50. Price to Free Cash Flow for AMD in the course of the last twelve months was 159.42 with Quick ratio for the last quarter at 1.60.

AMD Stock Performance Analysis:

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 0.22. With this latest performance, AMD shares gained by 49.75% in over the last four-week period, additionally plugging by 44.88% over the last 6 months – not to mention a rise of 164.34% 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 65.17, with the RSI for the last a single of trading hit 62.78, and the three-weeks RSI is set at 65.82 for Advanced Micro Devices Inc. [AMD]. The present Moving Average for the last 50 days of trading for this stock 62.86, while it was recorded at 81.01 for the last single week of trading, and 51.21 for the last 200 days.

Insight into Advanced Micro Devices Inc. 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 +8.75 and a Gross Margin at +42.62. Advanced Micro Devices Inc.’s Net Margin is presently recorded at +5.07.

Return on Total Capital for AMD is now 19.40, given the latest momentum, and Return on Invested Capital for the company is 11.58. Return on Equity for this stock inclined to 16.66, with Return on Assets sitting at 6.44. 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 25.75. Additionally, AMD Total Debt to Total Capital is recorded at 20.48, with Total Debt to Total Assets ending up at 12.08. Long-Term Debt to Equity for the company is recorded at 24.23, with the Long-Term Debt to Total Capital now at 19.27.

Reflecting on the efficiency of the workforce at the company, Advanced Micro Devices Inc. [AMD] managed to generate an average of $29,912 per employee. Receivables Turnover for the company is 4.30 with a Total Asset Turnover recorded at a value of 1.27.Advanced Micro Devices Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.10.


With the latest financial reports released by the company, Advanced Micro Devices Inc. posted 0.18/share EPS, while the average EPS was predicted by analysts to be reported at 0.18/share. 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 36.72%.

Advanced Micro Devices Inc. [AMD] Insider Position Details

There are presently around $64,775 million, or 75.70% of AMD stock, in the hands of institutional investors. The top three institutional holders of AMD stocks are: VANGUARD GROUP INC with ownership of 96,918,854, which is approximately -13.484% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 81,419,412 shares of the stock with an approximate value of $6.71 billion in AMD stocks shares; and STATE STREET CORP, currently with $3.91 billion in AMD stock with ownership of nearly 4.629% 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 569 institutional holders increased their position in Advanced Micro Devices Inc. [NASDAQ:AMD] by around 56,532,374 shares. Additionally, 366 investors decreased positions by around 96,483,871 shares, while 96 investors held positions by with 632,896,411 shares. The mentioned changes placed institutional holdings at 785,912,656 shares, according to the latest SEC report filing. AMD stock had 169 new institutional investments in for a total of 8,844,913 shares, while 94 institutional investors sold positions of 9,755,475 shares during the same period.

Share on facebook
Share on twitter
Share on linkedin
Share on skype
Share on reddit

Leave a Comment

Your email address will not be published. Required fields are marked *

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam