In a recent bid Advanced Micro Devices Inc. [AMD] faced a contemporary bid of $85.58 yielding a 4.52% incline where 14.08 million shares have exchanged hands over the last week. AMD amount got a boost by 0.04% or $0.04 versus $85.54 at the end of the prior session. This change led market cap to move at 103.40B, putting the price 132.87% below the 52-week high and -9.23% above the 52-week low. The company’s stock has a normal trading capacity of 14.08 million shares while the relative volume is 0.91.

On 16, November 2020, AMD to Present at Credit Suisse 24th Annual Technology Conference. According to news published on Yahoo Finance, Today, AMD (NASDAQ: AMD) announced that Dr. Lisa Su, president and chief executive officer, will present at the Credit Suisse 24th Annual Technology Conference on Monday, November 30, 2020 at 11:00am ET/8:00am PT.

Analyst Birdseye View:

The most recent analyst activity for Advanced Micro Devices Inc. [NASDAQ:AMD] stock was on November 06, 2020, when it was Upgrade with an Overweight rating from Wells Fargo, which also raised its 12-month price target on the stock from $82 to $100. On November 04, 2020, Goldman Upgrade a Buy rating and boosted its price target on this stock from $84 to $96. On October 28, 2020, Craig Hallum Upgrade a Buy rating. On October 28, 2020, Barclays Upgrade an Overweight rating and increased its price target to $100. On October 12, 2020, Truist Initiated a Hold rating. On August 24, 2020, Northland Capital Downgrade a Market perform rating. On August 21, 2020, Cowen Reiterated an Outperform rating and amplified its amount target to $100.

In the past 52 weeks of trading, this stock has oscillated between a low of $36.75 and a peak of $94.28. Right now, according to Wall Street analyst the average 12-month amount target is $88.85. At the most recent market close, shares of Advanced Micro Devices Inc. [NASDAQ:AMD] were valued at $85.58. According to the average price forecast, investors can expect a potential return of 5.84%.

FUNDAMENTAL ANALYSIS

Advanced Micro Devices Inc. [NASDAQ:AMD] most recently reported quarterly sales of 2.8 billion, which represented growth of 55.50%. This publicly-traded organization’s revenue is $590,439 per employee, while its income is $29,912 per employee. This company’s Gross Margin is currently 44.50%, its Operating Margin is 11.80%, its Pretax Margin is +5.53, and its Net Margin is +5.07. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.44, 16.66, 19.40 and 11.58 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 20.48 and the whole liability to whole assets at 12.08. It shows enduring liability to the whole principal at 19.27 and enduring liability to assets at 0.11 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 82.96 points at 1st support level, the second support level is making up to 80.38. But as of 1st resistance point, this stock is sitting at 86.88 and at 88.22 for 2nd resistance point.

Advanced Micro Devices Inc. [AMD] reported its earnings at $0.41 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.36/share signifying the difference of 0.05 and 13.90% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.18 calling estimates for $0.16/share with the difference of 0.02 depicting the surprise of 12.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Advanced Micro Devices Inc. [NASDAQ:AMD] is 2.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.64. Now if looking for a valuation of this stock’s amount to sales ratio it’s 7.68, it’s amount to book ratio is 19.11 and showing 119.30 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Papermaster Mark D, Chief Technology Officer & EVP, and it was the sale of 43000.0 shares on Nov 13. KUMAR DEVINDER, the SVP, CFO & Treasurer, completed a sale of 47537.0 shares on Nov 11. On Nov 10, Su Lisa T, President & CEO, completed a sale of 0.15 million shares.