A share price of Advanced Micro Devices Inc. [AMD] is currently trading at $136.32, up 5.95%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AMD shares have gain 2.85% over the last week, with a monthly amount drifted -25.90%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Advanced Micro Devices Inc. [NASDAQ: AMD] stock has seen the most recent analyst activity on July 15, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $210 from $200. Previously, Morgan Stanley downgraded its rating to Equal-Weight on June 10, 2024, and kept the price target unchanged to $176. On May 13, 2024, Jefferies initiated with a Buy rating and assigned a price target of $190 on the stock. DZ Bank upgraded its rating to a Buy but stick to its price target of $190 on May 07, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $200 on April 18, 2024. HSBC Securities upgraded its rating to Buy for this stock on April 16, 2024, and upped its price target to $225. In a note dated April 16, 2024, Evercore ISI initiated an Outperform rating and provided a target price of $200 on this stock.
Advanced Micro Devices Inc. experienced fluctuations in its stock price throughout the past year between $93.11 and $227.30. Currently, Wall Street analysts expect the stock to reach $169.67 within the next 12 months. Advanced Micro Devices Inc. [NASDAQ: AMD] shares were valued at $136.32 at the most recent close of the market. An investor can expect a potential return of 24.46% based on the average AMD price forecast.
Analyzing the AMD fundamentals
Trailing Twelve Months sales for Advanced Micro Devices Inc. [NASDAQ:AMD] were 23.28B which represents 8.88% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 131.35 points at the first support level, and at 126.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 138.89, and for the 2nd resistance point, it is at 141.45.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Advanced Micro Devices Inc. [NASDAQ:AMD] is 2.82. Also, the Quick Ratio is 2.01, while the Cash Ratio stands at 0.64. Considering the valuation of this stock, the price to sales ratio is 9.48, the price to book ratio is 3.90 and price to earnings (TTM) ratio is 164.26.
Transactions by insiders
Recent insider trading involved Papermaster Mark D, Chief Technology Officer & EVP, that happened on Jul 15 ’24 when 16756.0 shares were sold. Chief Technology Officer & EVP, Papermaster Mark D completed a deal on Jun 14 ’24 to sell 16200.0 shares. Meanwhile, EVP, CFO and Treasurer Hu Jean X. sold 20000.0 shares on Jun 10 ’24.
