Advanced Micro Devices Inc. [AMD] stock Downgrade by Barclays analyst, price target now $115

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Advanced Micro Devices Inc. [NASDAQ: AMD] traded at a low on 04/22/22, posting a -1.90 loss after which it closed the day’ session at $88.14. The company report on April 22, 2022 that AMD Celebrates Earth Day 2022.

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The results of the trading session contributed to over 74847601 shares changing hands. Over the past one week, the price volatility of Advanced Micro Devices Inc. stands at 5.06% while the volatility over the past one month is 4.56%.

The market cap for AMD stock reached $152.33 billion, with 1.21 billion shares outstanding and 1.19 billion shares in the current float. Compared to the average trading volume of 106.07M shares, AMD reached a trading volume of 74847601 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 $145.88 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.

Barclays have made an estimate for Advanced Micro Devices Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 31, 2022. The new note on the price target was released on February 22, 2022, representing the official price target for Advanced Micro Devices Inc. stock. Previously, the target price had yet another raise from $140 to $150, while Daiwa Securities kept a Buy rating on AMD stock. On February 02, 2022, analysts increased their price target for AMD shares from 175 to 180.

The Average True Range (ATR) for Advanced Micro Devices Inc. is set at 4.97, with the Price to Sales ratio for AMD stock in the period of the last 12 months amounting to 9.27. The Price to Book ratio for the last quarter was 14.22, with the Price to Cash per share for the same quarter was set at 2.09. Price to Free Cash Flow for AMD in the course of the last twelve months was 47.31 with Quick ratio for the last quarter at 1.60.

How has AMD stock performed recently?

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 -5.29. With this latest performance, AMD shares dropped by -22.63% in over the last four-week period, additionally sinking by -26.14% over the last 6 months – not to mention a rise of 6.50% 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 31.69, with the RSI for the last a single of trading hit 26.49, and the three-weeks RSI is set at 35.53 for Advanced Micro Devices Inc. [AMD]. The present Moving Average for the last 50 days of trading for this stock 109.54, while it was recorded at 92.57 for the last single week of trading, and 117.82 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 +22.38 and a Gross Margin at +48.25. Advanced Micro Devices Inc.’s Net Margin is presently recorded at +19.24.

Return on Equity for this stock inclined to 47.43, with Return on Assets sitting at 29.58.

Advanced Micro Devices Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.00.

Earnings analysis for Advanced Micro Devices Inc. [AMD]

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 29.90%.

Insider trade positions for Advanced Micro Devices Inc. [AMD]

There are presently around $104,794 million, or 53.60% of AMD stock, in the hands of institutional investors. The top three institutional holders of AMD stocks are: VANGUARD GROUP INC with ownership of 143,997,454, which is approximately -0.107% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 125,518,758 shares of the stock with an approximate value of $11.06 billion in AMD stocks shares; and STATE STREET CORP, currently with $5.95 billion in AMD stock with ownership of nearly 3.406% of the company’s market capitalization.

Positions in Advanced Micro Devices Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 1,065 institutional holders increased their position in Advanced Micro Devices Inc. [NASDAQ:AMD] by around 96,925,929 shares. Additionally, 771 investors decreased positions by around 86,902,336 shares, while 183 investors held positions by with 1,005,119,576 shares. The mentioned changes placed institutional holdings at 1,188,947,841 shares, according to the latest SEC report filing. AMD stock had 346 new institutional investments in for a total of 14,537,036 shares, while 108 institutional investors sold positions of 11,026,918 shares during the same period.