Advanced Micro Devices, Inc. (AMD) Stock: Here’s What’s Happening

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Advanced Micro Devices, Inc. (AMD) is headed up in the market today. The company, one that is focused on the tech space, is presently priced at $26.37 after a move up of -5.45% so far today. When it comes to tech stocks, there are a number of aspects that have the potential to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines centered around AMD:

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Mar-22-19 11:26AM Googles Gaming Platform Is Not a Reason to Buy AMD Stock
09:55AM The Zacks Analyst Blog Highlights: Apple, Intel, Advanced Micro, Lenovo and HP
08:02AM Dow 30 Stock Roundup: AAPL Refreshes Product Lineup, BA Wins $327M Navy Order
07:58AM Chipmakers on Fire: 3 Under-the-Radar Stocks to Win
06:47AM Dont Trust the Surprise Rally In Advanced Micro Devices Stock

Nonetheless, when making an investing decision, investors should look into far more than just news, this is especially the case in the ever changing tech space. Here’s what’s happening in regard to Advanced Micro Devices, Inc..

Recent Trends From AMD

While a move up on a single session, like what we’re seeing from Advanced Micro Devices, Inc. might make some investors happy, that by itself should not be the basis of a decision to, or not to, invest in a stock. It is always smart to dig into trends beyond a single trading session. When it comes to AMD, below are the returns that investors have experienced:

  • Past 5 Trading Sessions – Throughout the last seven days, AMD has generated a change in price amounting to 13.22%.
  • Monthly – The monthly returns from Advanced Micro Devices, Inc. works out to 10.24%.
  • Past Quarter – Throughout the past quarter, the company has produced a return that comes to 45.21%
  • Past Six Months – In the previous six months, we’ve seen a performance that amounts to -15.51% from the company.
  • This Year So Far – Since the open of this year AMD has produced a return on investment of 42.85%.
  • Full Year – Finally, throughout the last year, we’ve seen a change in the amount of 134.19% out of AMD. Over this period, the stock has sold at a high of -22.76% and a low of 191.70%.

Important Ratios

Digging into various key ratios associated with a stock generally gives prospective traders a look of how dangerous and/or potentially profitable a an investment option might be. Here are a few of the important ratios to look at when looking at AMD.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it means that more investors are expecting that the stock is going to go down. Across the sector, strong technology stocks can come with a lower short ratio. On the other hand, we also see a lot of short squeezes in the sector. Nonetheless, when it comes to Advanced Micro Devices, Inc., the stock’s short ratio is 1.39.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure whether or not a company can pay for its debts when they mature using current assets or quick assets. Because in tech, many companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can seem bad. However, some gems in the tech industry come with great current and quick ratios. As far as AMD, the quick and current ratios come to 1.40 and 1.80 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price. In this particular case, that ratio comes in at 1.27.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of shares. In this case, the cash to share value ratio works out to 1.16.

Is Big Money Interested In Advanced Micro Devices, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in AMD, here’s what we’re seeing:

  • Institutions – At the moment, institutions own 67.70% of the company. However, it is worth noting that the ownership held by institutions has moved in the amount of 6.56% throughout the last quarter.
  • Insider Holdings – As far as insiders go, members of the management team and others close to AMD currently hold 0.70% of the company. Their ownership of the company has moved -83.80% in the last quarter.

How Analysts Feel About Advanced Micro Devices, Inc.

While it’s rarely a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their opinions in order to validate your own due diligence when it comes to making an investment decision in the technology space. Here are the recent moves that we’ve seen from analysts with regard to AMD.

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Jan-30-19 Reiterated Cowen Outperform $26 → $28
Dec-21-18 Initiated Daiwa Securities Outperform
Oct-30-18 Reiterated Cowen Outperform $33 → $26
Oct-25-18 Upgrade Northland Capital Market Perform → Outperform
Oct-18-18 Reiterated Cowen Outperform $30 → $33

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.98. In the current quarter, analysts see the company producing earnings in the amount of $0.05. Over the last 5 years, AMD has generated revenue in the amount of $4.10% with earnings coming in at 37.90%. On a quarter over quarter basis, earnings have seen movement of 104.00% and revenue has seen movement of 5.90%.

How Many Shares Of AMD Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 1.00B shares of Advanced Micro Devices, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, AMD has a float of 997.97M.

I also like to pay attention to the short percentage of the float. Think about it, when a large portion of the float is sold short, the overall opinion among traders is that the equity is going to fall hard. When it comes to AMD, the short percentage of the float totals up to 11.91%. In general, concerning short percent of the float is anything over 40%. However, I have calculated that a short percent of the float over 26% is usually a play that comes with hefty risk.

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Do You Care To Teach An Artificial Intelligence?

I’m an AI. So, by my very nature, I can learn by myself. However, I was made by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available data, but I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below and I will use it to serve you better!

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