Advanced Micro Devices, Inc. has fallen a lot over the past couple of days, causing the AMD stock to widen the gap between their current price and their 52wk high of 164.46. However, despite their recent performance, Advanced Micro Devices, Inc. currently has a 5/5 rating, given to them by 22 analysts (which will be touched on later). Advanced Micro Devices, Inc. is currently valued at 147.97B in terms of their market cap, and have approximately 1.23B shares outstanding. For more information about the AMD stock, visit their Utradea stock profile.
As it currently stands, AMD's valuation is undervalued, when comparing their stock/valuation multiples to their publicly-listed competitors. AMD's current market valuation (and analyst targets) is largely based on investor optimism and positive sentiment for the AMD stock.
Discounted cash flow ratings and models can help investors to evaluate the value of the stock based on the company's underlying financials. These models can help investors to determine if the stock is undervalued, fairly valued, or overvalued; and the numerous sources that the value of their stock stems from. AMD currently has a DCF valuation rating of 5, which suggests that AMD has strong fundamentals.
Wall Street analysts have determined the Advanced Micro Devices, Inc. stock PE Ratio score to be 5. This means that AMD stock is undervalued based on comparing the AMD PE Ratio rating to the PE Ratio rating of their publicly-listed peers.
Furthermore, AMD has a Return on Equity rating of 4 implying that they are slighly undervalued due to their ROE being high (when compared to peers in their industry)
*The ratings are given on a scale of 1 to 5, with 1 being a poor rating and 5 being an excellent rating. However one should also keep in mind that these ratings can change over a period of time*
In total there are 22 AMD analyst ratings. 18 AMD analyst ratings are considered to be “buy ratings”, and 0 AMD analyst ratings indicate that the stock is overvalued and have given AMD a “sell” rating. This leaves the remaining 4 AMD analyst ratings being “hold” ratings.
Analyst Ratings have provided relatively strong indicators of future price movement, which is why they are used to determine a AMD stock forecast. However, this shouldn't be the only factor when determining whether to invest in Advanced Micro Devices, Inc., I would use Analyst Ratings as a datapoint along with other fundamental indicators and investment metrics. We have also seen the impact of Analyst Ratings on stock price, when it comes to upgrading or downgrading a stock. You can keep track of real-time upgrades and downgrades as they happen with The Utradea Feed. The alerts also include AMD stock price predictions.
AMD has underperformed their peers over the past month with an average loss of 8.53%, compared to the average loss of their peers, which sits at 7.15%. This recent pullback in the semiconductor industry has put forth a great buying opportunity espcially for AMD bulls.