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A Look At Advanced Micro Devices Inc. (NASDAQ: AMD): How Much Is It Worth And How Should It Be Assessed?

Advanced Micro Devices Inc. (NASDAQ:AMD)’s traded shares stood at 30.02 million during the latest session, with the company’s beta value hitting 1.91. At the last check today, the stock’s price was $97.03, to imply an increase of 0.45% or $0.43 in intraday trading. The AMD share’s 52-week high remains $125.67, putting it -29.52% down since that peak but still an impressive 43.76% since price per share fell to its 52-week low of $54.57. The company has a valuation of $158.22B, with an average of 73.32 million shares in intraday trading volume over the past 10 days and average of 58.03 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Advanced Micro Devices Inc. (AMD), translating to a mean rating of 2.00. Of 40 analyst(s) looking at the stock, 0 analyst(s) give AMD a Sell rating. 5 of those analysts rate the stock as Overweight while 12 advise Hold as 23 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.56.

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Advanced Micro Devices Inc. (NASDAQ:AMD) trade information

After registering a 0.45% upside in the latest session, Advanced Micro Devices Inc. (AMD) has traded red over the past five days. The stock hit a weekly high of 98.71 this Thursday, 03/16/23, jumping 0.45% in its intraday price action. The 5-day price performance for the stock is 17.37%, and 13.92% over 30 days. With these gigs, the year-to-date price performance is 49.81%. Short interest in Advanced Micro Devices Inc. (NASDAQ:AMD) saw shorts transact 31.12 million shares and set a 0.59 days time to cover.

Analysts on Wall Street suggest a consensus price target of $92.44, implying a decrease of -4.97% to the stock’s recent value. The extremes give us $67.00 and $200.00 for target low and target high price respectively. As such, AMD has been trading -106.12% off suggested target high and 30.95% from its likely low.

Advanced Micro Devices Inc. (AMD) estimates and forecasts

Looking at statistics comparing Advanced Micro Devices Inc. share performance against respective industry, we note that the company has underperformed competitors. Advanced Micro Devices Inc. (AMD) shares are 26.58% up over the last 6 months, with its year-to-date growth rate lower than industry average at -14.00% against -9.10%. Revenue is forecast to shrink -50.40% this quarter before falling -39.00% for the next one. The rating firms project that company’s revenue will grow 0.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 27 analysts is $5.3 billion. Meanwhile, for the quarter ending Jun 2023, a total of 27 analyst(s) estimate revenue growth to $5.53 billion.Earnings reports from the last fiscal year show that sales brought in $5.89 billion and $6.55 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -9.90% before dropping -15.50% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 21.90% for the past 5-year period. While 2023 is set for a -67.30% return in earnings, projections for the next 5 years are at 10.12% annually.

AMD Dividends

Advanced Micro Devices Inc. has its next earnings report out between May 01 and May 05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Advanced Micro Devices Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Advanced Micro Devices Inc. (NASDAQ:AMD)’s Major holders

Advanced Micro Devices Inc. insiders hold 0.35% of total outstanding shares, with institutional holders owning 72.66% of the shares at 72.91% float percentage. In total, 72.66% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Sep 29, 2022, the company held over 134.53 million shares (or 8.34% of shares), all amounting to roughly $8.52 billion.

The next major institution holding the largest number of shares is Blackrock Inc. with 117.69 million shares, or about 7.30% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $7.46 billion.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Advanced Micro Devices Inc. (AMD) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 48.16 million shares. This is just over 2.99% of the total shares, with a market valuation of $3.05 billion. Data from the same date shows that the other fund manager holds a little less at 36.6 million, or 2.27% of the shares, all valued at about 2.32 billion.

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