Advanced Micro Devices Inc. [AMD] stock prices are down -0.16% to $164.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AMD shares have gain 4.68% over the last week, with a monthly amount glided 12.78%, and 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:
Previously, TD Cowen reaffirmed its Buy rating on August 19, 2024, and kept the price target unchanged to $210. On July 15, 2024, TD Cowen reiterated its Buy rating and revised its price target to $210 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight but stick to its price target of $176 on June 10, 2024. Jefferies initiated its recommendation with a Buy and recommended $190 as its price target on May 13, 2024. DZ Bank upgraded its rating to Buy for this stock on May 07, 2024, but kept the price target unchanged to $190. In a note dated April 18, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $185 to $200.
The stock price of Advanced Micro Devices Inc. [AMD] has been fluctuating between $93.11 and $227.30 over the past year. 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 $164.08 at the most recent close of the market. An investor can expect a potential return of 3.41% based on the average AMD price forecast.
Analyzing the AMD fundamentals
The Advanced Micro Devices Inc. [NASDAQ:AMD] reported sales of 23.28B for trailing twelve months, representing a surge of 8.88%. Gross Profit Margin for this corporation currently stands at 0.51% 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 162.48 points at the first support level, and at 160.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 165.38, and for the 2nd resistance point, it is at 166.68.
Ratios To Look Out For
It’s worth pointing out that Advanced Micro Devices Inc. [NASDAQ:AMD]’s Current Ratio is 2.82. On the other hand, the Quick Ratio is 2.01, and the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 11.41, the price to book ratio is 4.70 and price to earnings (TTM) ratio is 197.71.
Transactions by insiders
Recent insider trading involved Su Lisa T, Chair, President & CEO, that happened on Sep 11 ’24 when 80000.0 shares were sold. Director, LISA SU completed a deal on Sep 11 ’24 to buy 80000.0 shares. Meanwhile, Chair, President & CEO Su Lisa T sold 80000.0 shares on Aug 20 ’24.
