Ready to Jump After Recent Trade: Advanced Micro Devices Inc. (AMD)

With 26.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 49.88 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $152.82 whereas the lowest price it dropped to was $148.01. The 52-week range on AMD shows that it touched its highest point at $227.30 and its lowest point at $93.11 during that stretch. It currently has a 1-year price target of $187.96. Beta for the stock currently stands at 1.69.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMD was down-trending over the past week, with a drop of -1.05%, but this was down by -4.50% over a month. Three-month performance dropped to -4.10% while six-month performance fell -18.26%. The stock gained 44.86% in the past year, while it has gained 0.60% so far this year. A look at the trailing 12-month EPS for AMD yields 0.83 with Next year EPS estimates of 5.49. For the next quarter, that number is 0.93. This implies an EPS growth rate of 29.22% for this year and 60.34% for next year. EPS is expected to grow by 32.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.43%.

Float and Shares Shorts:

At present, 1.62 billion AMD shares are outstanding with a float of 1.61 billion shares on hand for trading. On 2024-08-30, short shares totaled 50.21 million, which was 310.0 higher than short shares on 1722384000. In addition to Dr. Lisa T. Su Ph.D. as the firm’s Chair, President & CEO, Ms. Jean X. Hu serves as its Executive VP, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.72452 of AMD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, AMD reported revenue of $5835000000.0 and operating income of $269000000.0. The EBITDA in the recently reported quarter was $1119000000.0 and diluted EPS was $0.16.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.