Advanced Micro Devices Inc. [NASDAQ: AMD] gained 4.68% on the last trading session, reaching $82.76 price per share at the time. The company report on April 20, 2021 that Latest AMD Radeon Software Release Expands Remote Gaming Functionality and Enables New Features and Customization Capabilities.
– AMD Radeon Software Adrenalin 21.4.1 provides customizable installation options, enhanced recording and streaming functionality, PlayReady AV1 support and new stability features –.
– AMD Link now enables high-performance remote gaming on Windows PCs in addition to phones, tablets and TVs; new AMD Link Game feature allows another Radeon user to remotely connect to play local multiplayer-supported games –.
Advanced Micro Devices Inc. represents 1.21 billion in outstanding shares, while the company has a total market value of $96.03 billion with the latest information. AMD stock price has been found in the range of $79.96 to $83.30.
If compared to the average trading volume of 42.78M shares, AMD reached a trading volume of 49267280 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $102.40 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.
Raymond James have made an estimate for Advanced Micro Devices Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 15, 2021. While these analysts kept the previous recommendation, Northland Capital raised their target price from $84 to $96. The new note on the price target was released on March 25, 2021, representing the official price target for Advanced Micro Devices Inc. stock. Previously, the target price had yet another raise from $110 to $120, while Cowen kept a Outperform rating on AMD stock. On January 14, 2021, analysts increased their price target for AMD shares from 100 to 110.
The Average True Range (ATR) for Advanced Micro Devices Inc. is set at 2.79, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 9.84. The Price to Book ratio for the last quarter was 17.10, with the Price to Cash per share for the same quarter was set at 1.97. Price to Free Cash Flow for AMD in the course of the last twelve months was 123.59 with Quick ratio for the last quarter at 2.00.
Trading performance analysis for AMD stock
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 0.74. With this latest performance, AMD shares gained by 8.21% in over the last four-week period, additionally plugging by 4.49% over the last 6 months – not to mention a rise of 48.05% 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 53.66, with the RSI for the last a single of trading hit 56.09, and the three-weeks RSI is set at 51.73 for Advanced Micro Devices Inc. [AMD]. The present Moving Average for the last 50 days of trading for this stock 81.88, while it was recorded at 80.76 for the last single week of trading, and 82.81 for the last 200 days.
Advanced Micro Devices Inc. [AMD]: A deeper dive into fundamental analysis
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.
Advanced Micro Devices Inc. [AMD]: An earnings per share (EPS) analysis
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%.
An analysis of insider ownership at Advanced Micro Devices Inc. [AMD]
There are presently around $71,527 million, or 77.50% 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 $6.88 billion in AMD stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $4.55 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 April and at the time of the April reporting period, where 810 institutional holders increased their position in Advanced Micro Devices Inc. [NASDAQ:AMD] by around 95,721,888 shares. Additionally, 407 investors decreased positions by around 47,774,454 shares, while 111 investors held positions by with 720,771,406 shares. The mentioned changes placed institutional holdings at 864,267,748 shares, according to the latest SEC report filing. AMD stock had 234 new institutional investments in for a total of 17,800,271 shares, while 86 institutional investors sold positions of 6,414,263 shares during the same period.