Advanced Micro Devices Inc. [NASDAQ: AMD] closed the trading session at $80.30 on 03/22/21. The day’s price range saw the stock hit a low of $79.22, while the highest price level was $81.265. The company report on March 16, 2021 that AMD Brings Power of “Zen 3” to World’s Best Mobile Processors for Business(1) — AMD Ryzen PRO 5000 Series Mobile Processors.
– Business notebooks from HP and Lenovo powered by AMD Ryzen™ PRO 5000 Series Mobile Processors provide leadership performance and enterprise-class security solutions to meet the evolving demands of the modern workforce -.
, AMD (NASDAQ: AMD) announced the AMD Ryzen™ PRO 5000 Series Mobile Processors, bringing the uncompromising performance and efficiency of the “Zen 3” core architecture to premium business laptops. Paired with AMD PRO technologies that offer strengthened multi-layer enterprise-class security features and powerhouse productivity, the new AMD Ryzen PRO 5000 Series Mobile Processors are built to meet the demands of the modern workforce. With broad availability from HP and Lenovo expected starting in Q2, the number of AMD-powered enterprise notebooks is expected to triple by the end of 2021.
The stocks have a year to date performance of -12.44 percent and weekly performance of -2.67 percent. The stock has been moved at 7.17 percent over the last six months. The stock has performed -10.36 percent around the most recent 30 days and changed -17.08 percent over the most recent 3-months.
If compared to the average trading volume of 43.32M shares, AMD reached to a volume of 39336151 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $102.86 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 2.30. 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.
Cowen have made an estimate for Advanced Micro Devices Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 27, 2021. While these analysts kept the previous recommendation, Cowen raised their target price from $100 to $110. The new note on the price target was released on January 14, 2021, representing the official price target for Advanced Micro Devices Inc. stock. Previously, the target price had yet another drop from $80 to $75, while BMO Capital Markets kept a Underperform rating on AMD stock.
The Average True Range (ATR) for Advanced Micro Devices Inc. is set at 3.30, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 9.85. The Price to Book ratio for the last quarter was 16.59, with the Price to Cash per share for the same quarter was set at 1.91. Price to Free Cash Flow for AMD in the course of the last twelve months was 123.75 with Quick ratio for the last quarter at 2.00.
AMD stock trade performance evaluation
Advanced Micro Devices Inc. [AMD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.67. With this latest performance, AMD shares dropped by -10.36% in over the last four-week period, additionally plugging by 7.17% over the last 6 months – not to mention a rise of 102.73% 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 44.90, with the RSI for the last a single of trading hit 46.36, and the three-weeks RSI is set at 44.64 for Advanced Micro Devices Inc. [AMD]. The present Moving Average for the last 50 days of trading for this stock 86.83, while it was recorded at 80.57 for the last single week of trading, and 79.76 for the last 200 days.
Advanced Micro Devices Inc. [AMD]: An insightful look at the core 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 +14.02 and a Gross Margin at +44.53. Advanced Micro Devices Inc.’s Net Margin is presently recorded at +25.50.
Return on Total Capital for AMD is now 27.48, given the latest momentum, and Return on Invested Capital for the company is 50.40. Return on Equity for this stock inclined to 57.48, with Return on Assets sitting at 33.22. 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 9.80. Additionally, AMD Total Debt to Total Capital is recorded at 8.92, with Total Debt to Total Assets ending up at 6.38. Long-Term Debt to Equity for the company is recorded at 9.10, with the Long-Term Debt to Total Capital now at 8.29.
Reflecting on the efficiency of the workforce at the company, Advanced Micro Devices Inc. [AMD] managed to generate an average of $197,619 per employee. Receivables Turnover for the company is 4.96 with a Total Asset Turnover recorded at a value of 1.30.Advanced Micro Devices Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.50.
Earnings per share (EPS) analysis for Advanced Micro Devices Inc. [AMD] stock
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 26.31%.
Advanced Micro Devices Inc. [AMD]: Insider Ownership positions
There are presently around $68,504 million, or 77.60% of AMD stock, in the hands of institutional investors. The top three institutional holders of AMD stocks are: VANGUARD GROUP INC with ownership of 96,497,569, which is approximately 0.696% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 83,156,416 shares of the stock with an approximate value of $6.57 billion in AMD stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $4.35 billion in AMD stock with ownership of nearly -0.972% of the company’s market capitalization.
Positions in Advanced Micro Devices Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 850 institutional holders increased their position in Advanced Micro Devices Inc. [NASDAQ:AMD] by around 96,028,701 shares. Additionally, 368 investors decreased positions by around 45,696,946 shares, while 105 investors held positions by with 724,751,638 shares. The mentioned changes placed institutional holdings at 866,477,285 shares, according to the latest SEC report filing. AMD stock had 258 new institutional investments in for a total of 17,783,934 shares, while 74 institutional investors sold positions of 5,932,420 shares during the same period.