During the recent session, Advanced Micro Devices Inc (NASDAQ:AMD)’s traded shares were 8.82 million, with the beta value of the company hitting 1.66. At the last check today, the stock’s price was $121.94, reflecting an intraday gain of 1.09% or $1.31. The 52-week high for the AMD share is $227.30, that puts it down -86.4 from that peak though still a striking 3.31% gain since the share price plummeted to a 52-week low of $117.90. The company’s market capitalization is $197.89B, and the average intraday trading volume over the past 10 days was 37.49 million shares, and the average trade volume was 36.58 million shares over the past three months.
Advanced Micro Devices Inc (AMD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.53. AMD has a Sell rating from 0 analyst(s) out of 33 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 27 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.09.
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
Advanced Micro Devices Inc (NASDAQ:AMD) trade information
Advanced Micro Devices Inc (AMD) registered a 1.09% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.09% in intraday trading to $121.94, hitting a weekly high. The stock’s 5-day price performance is -2.49%, and it has moved by -14.11% in 30 days. Based on these gigs, the overall price performance for the year is -9.89%. The short interest in Advanced Micro Devices Inc (NASDAQ:AMD) is 51.64 million shares and it means that shorts have 1.51 day(s) to cover.
The consensus price target of analysts on Wall Street is $179, which implies an increase of 31.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $150 and $220 respectively. As a result, AMD is trading at a discount of -80.42% off the target high and -23.01% off the low.
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 down -29.06% during the last six months, with a year-to-date growth rate more than the industry average at 24.91% against 17.20. In the rating firms’ projections, revenue will increase 13.14% 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 7.53B as predicted by 35 analyst(s). Meanwhile, a consensus of 30 analyst(s) estimates revenue growth to 7.07B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.17B and 5.47B respectively. In this case, analysts expect current quarter sales to grow by 22.12% and then jump by 29.16% 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 25.06% in 2025, the next five years will return 39.40% per annum.
AMD Dividends
Advanced Micro Devices Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Advanced Micro Devices Inc (NASDAQ:AMD)’s Major holders
Advanced Micro Devices Inc insiders own 0.49% of total outstanding shares while institutional holders control 72.05%, with the float percentage being 72.41%. VANGUARD GROUP INC is the largest shareholder of the company, while 3385.0 institutions own stock in it. As of 2024-06-30, the company held over 147.32 million shares (or 8.8951% of all shares), a total value of $23.9 billion in shares.
The next largest institutional holding, with 130.38 million shares, is of BLACKROCK INC.’s that is approximately 8.0629% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.15 billion.
