Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and development services; and server and embedded processors, and semi-custom System-on-Chip (SoC) products, development services, and technology for game consoles. The company provides processors for desktop and notebook personal computers under the AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, and AMD PRO A-Series processors brands; discrete GPUs for desktop and notebook PCs under the AMD Radeon graphics, AMD Embedded Radeon graphics brands; and professional graphics products under the AMD Radeon Pro and AMD FirePro graphics brands. It also offers Radeon Instinct, Radeon PRO V-series, and AMD Instinct accelerators for servers; chipsets under the AMD trademark; microprocessors for servers under the AMD EPYC; embedded processor solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series processors brands; and customer-specific solutions based on AMD CPU, GPU, and multi-media technologies, as well as semi-custom SoC products. It serves original equipment manufacturers, public cloud service providers, original design manufacturers, system integrators, independent distributors, online retailers, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. The company was incorporated in 1969 and is headquartered in Santa Clara, California.
Advanced Micro Devices Stock Up 0.2 %
NASDAQ:AMD opened at $101.01 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.44. Advanced Micro Devices has a fifty-two week low of $71.60 and a fifty-two week high of $164.46. The company's 50-day simple moving average is $87.89 and its 200-day simple moving average is $99.39. The stock has a market capitalization of $163.06 billion, a P/E ratio of 42.44, a P/E/G ratio of 0.93 and a beta of 1.96.
Advanced Micro Devices (NASDAQ:AMD - Get Rating) last posted its earnings results on Tuesday, August 2nd. The semiconductor manufacturer reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.02. Advanced Micro Devices had a net margin of 14.51% and a return on equity of 15.17%. During the same period in the previous year, the company earned $0.58 EPS. On average, equities analysts anticipate that Advanced Micro Devices will post 3.9 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
AMD has been the subject of several recent research reports. Robert W. Baird reissued a "neutral" rating and set a $100.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, June 14th. JPMorgan Chase & Co. reduced their target price on shares of Advanced Micro Devices from $140.00 to $120.00 and set a "neutral" rating on the stock in a report on Wednesday, August 3rd. Wedbush reaffirmed an "outperform" rating and issued a $165.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, June 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Advanced Micro Devices from $85.00 to $95.00 and gave the company a "hold" rating in a research note on Wednesday, August 3rd. Finally, Benchmark lifted their price target on shares of Advanced Micro Devices from $125.00 to $135.00 and gave the stock a "buy" rating in a research note on Friday, June 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $125.93.
Insider Buying and Selling at Advanced Micro Devices
In related news, EVP Paul Darren Grasby sold 32,694 shares of Advanced Micro Devices stock in a transaction dated Tuesday, July 12th. The stock was sold at an average price of $76.99, for a total transaction of $2,517,111.06. Following the completion of the sale, the executive vice president now owns 37,800 shares in the company, valued at approximately $2,910,222. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CFO Devinder Kumar sold 20,000 shares of the business's stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $102.44, for a total transaction of $2,048,800.00. Following the sale, the chief financial officer now directly owns 504,370 shares of the company's stock, valued at $51,667,662.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 32,694 shares of the company's stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $76.99, for a total value of $2,517,111.06. Following the transaction, the executive vice president now directly owns 37,800 shares in the company, valued at $2,910,222. The disclosure for this sale can be found here. Over the last quarter, insiders sold 81,660 shares of company stock valued at $7,462,511. 1.00% of the stock is owned by company insiders.