During the last session, Advanced Micro Devices Inc. (NASDAQ:AMD)’s traded shares were 40.96 million, with the beta value of the company hitting 1.67. At the end of the trading day, the stock’s price was $153.76, reflecting an intraday gain of 1.33% or $2.02. The 52-week high for the AMD share is $227.30, that puts it down -47.83 from that peak though still a striking 47.31% gain since the share price plummeted to a 52-week low of $81.02. The company’s market capitalization is $248.50B, and the average trade volume was 70.39 million shares over the past three months.
Advanced Micro Devices Inc. (NASDAQ:AMD) trade information
Advanced Micro Devices Inc. (AMD) registered a 1.33% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.33% in intraday trading to $153.76, hitting a weekly high. The stock’s 5-day price performance is -0.85%, and it has moved by -13.55% in 30 days. Based on these gigs, the overall price performance for the year is 83.48%.
Advanced Micro Devices Inc. (AMD) estimates and forecasts
Statistics show that Advanced Micro Devices Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Advanced Micro Devices Inc. (AMD) shares have gone up 51.23% during the last six months, with a year-to-date growth rate more than the industry average at 29.81% against 5.80. In the rating firms’ projections, revenue will increase 6.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.1B as predicted by 32 analyst(s). Meanwhile, a consensus of 32 analyst(s) estimates revenue growth to 5.32B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 5.35B and 5.36B respectively. In this case, analysts expect current quarter sales to shrink by -4.70% and then drop by -0.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.43%. While earnings are projected to return 37.79% in 2024, the next five years will return 24.96% per annum.
AMD Dividends
Advanced Micro Devices Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
