A significant driver of top-line growth: Advanced Micro Devices Inc. (AMD)

With 56.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.8 shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $175.10 whereas the lowest price it dropped to was $168.66. The 52-week range on AMD shows that it touched its highest point at $184.92 and its lowest point at $75.92 during that stretch. It currently has a 1-year price target of $192.78. Beta for the stock currently stands at 1.63.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMD was down-trending over the past week, with a drop of -2.92%, but this was up by 16.12% over a month. Three-month performance surged to 51.84% while six-month performance rose 56.47%. The stock gained 103.66% in the past year, while it has gained 17.01% so far this year. A look at the trailing 12-month EPS for AMD yields 0.52 with Next year EPS estimates of 5.45. For the next quarter, that number is 0.61. This implies an EPS growth rate of 38.15% for this year and 48.97% for next year. EPS is expected to grow by 24.96% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.43%.

Float and Shares Shorts:

At present, 1.62 billion AMD shares are outstanding with a float of 1.60 billion shares on hand for trading. On Jan 31, 2024, short shares totaled 39.85 million, which was 2.47% higher than short shares on Dec 29, 2023. In addition to Dr. Lisa T. Su Ph.D. as the firm’s Chair, President & CEO, Mr. Mark D. Papermaster serves as its CTO and Executive VP of Technology & Engineering.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMD analysts setting a high price target of $270.00 and a low target of $135.00, the average target price over the next 12 months is $192.78. Based on these targets, AMD could surge 56.54% to reach the target high and fall by -21.73% to reach the target low. Reaching the average price target will result in a growth of 11.77% from current levels.

Dividends & Yield:

In terms of dividends, AMD has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and AMD currently yields $––. In the past year, AMD’s dividend yield has been $––, but when looking at the stock over the past five years, its yield has been $––. Accordingly, AMD has a current buyback yield of $0.51. This was $0.51 for the TTM, and it was $– for the past five years.

Summary of Insider Activity:

Insiders traded AMD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 44 while that of sell transactions has risen to 78 over the past year. The total number of shares bought during that period was 2,251,370 while 1,955,777 shares were sold.