Categories: world

Advanced Micro Devices (AMD) stockpiles as market gains: what you should know

Advanced Micro Devices (AMD) closed at $ 27.97 during the last trading session, marking a -0.75% move from the previous day. This change weakened the S & P 500's 0.88% gain on the day. At the same time, Dow increased 0.55%, and Nasdaq, a technically heavy index, added 1 .32%. Recording until today, the shares in the chip maker had received 8.51% over the past month. At the same time, the Computer and Technology sector increased 5%, while S&P 500 was 3.96%. AMD will look to show strength as it approaches next profitability, which is expected to be April 30, 2019. On that day, AMD is expected to report a profit of $ 0.05 per share, which would mean a decrease of 54.55 % compared to the previous year. Our latest consensus estimate requires quarterly revenue of $ 1.26 billion, down 23.78% over the previous year. For the full year, our Zacks Consensus Estimates calculates earnings of $ 0.64 per share and sales of $ 6.77 billion would correspond to +39.13% and + 4.82%, respectively, from the previous year. Any changes in analytical estimates for AMD should also be noted by investors. Recent audits tend to reflect recent business trends in the short term. Bearing this in mind, we can consider positive valuation audits a sign of optimism about the company's business prospects. Research suggests that these valuation audits are directly correlated with short-term stock price developments. Investors can capitalize on this by using the Zacks Rank. This model takes…

Advanced Micro Devices (AMD) closed at $ 27.97 during the last trading session, marking a -0.75% move from the previous day. This change weakened the S & P 500’s 0.88% gain on the day. At the same time, Dow increased 0.55%, and Nasdaq, a technically heavy index, added 1

.32%.

Recording until today, the shares in the chip maker had received 8.51% over the past month. At the same time, the Computer and Technology sector increased 5%, while S&P 500 was 3.96%.

AMD will look to show strength as it approaches next profitability, which is expected to be April 30, 2019. On that day, AMD is expected to report a profit of $ 0.05 per share, which would mean a decrease of 54.55 % compared to the previous year. Our latest consensus estimate requires quarterly revenue of $ 1.26 billion, down 23.78% over the previous year.

For the full year, our Zacks Consensus Estimates calculates earnings of $ 0.64 per share and sales of $ 6.77 billion would correspond to +39.13% and + 4.82%, respectively, from the previous year.

Any changes in analytical estimates for AMD should also be noted by investors. Recent audits tend to reflect recent business trends in the short term. Bearing this in mind, we can consider positive valuation audits a sign of optimism about the company’s business prospects.

Research suggests that these valuation audits are directly correlated with short-term stock price developments. Investors can capitalize on this by using the Zacks Rank. This model takes these estimation changes into account and provides a simple, functional classification system.

From the Zacks Rank system, from # 1 (Strong Buy) to # 5 (Strong Sell), a proven, externally reviewed track record of outperformance, with # 1 stocks, returns an average of 25% annually since 1988. During the last 30 days, our consensus EPS forecast remained stagnant. AMD is currently a Zacks Rank # 3 (Hold).

In terms of valuation, AMD is currently trading with a Forward P / E ratio of 43.75. This represents a premium compared to the industry’s average forward-looking P / E of 19.53.

It is also worth noting that AMD currently has a PEG ratio of 1.43. This measurement value is used in the same way as the known P / E ratio, but the PEG ratio also takes into account the expected earnings trend of the share. Electronics – Semiconductors shares have an average PEG ratio of 1.59 based on yesterday’s closing prices.

Electronics – the semiconductor industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 168, and basically places it 35% of all 250+ industries.

The Zacks Industry Rank measures the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% of nominated industries outperform the bottom half by a factor of 2 to 1.

Make sure to use Zacks. Will follow all these stock transfer methods, and more, in the upcoming trading sessions.

<p class = “canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt) – sm” type = “text” content = “
Do you want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks in the next 30 days. Click to get this free report [19659013] Advanced Micro Devices, Inc. (AMD): Free Analysis Analysis Report
To read this article at Zacks.com click here. “data-reactid =” 34 “>
Do you want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks for the next 30 days. Click here to get this free report

Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report

To read this article on Zacks.com click here.

Share
Published by
Faela