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Advanced Micro Devices (AMD) Dips More Than Wider Markets: What You Should Know



Advanced Micro Units (AMD) closed at $ 22.01 in the last trading season, marking a -0.32% move from the previous day. This change delayed the S & P 500's daily loss of 0.21%. In other places, Dow lost 0.09%, while the tech-heavy Nasdaq lost 0.1

8%.

Coming in today, the shares in the chip maker had lost 2.6% in the last month. At the same time, the Computer and Technology sector received 2.89%, while S & P 500 gained 1.81%.

Investors will hope for strength from AMD as it approaches the next earnings release. On that day, AMD is expected to report revenues of $ 0.02 per share, which will account for a 75 percent decline over the previous year. At the same time, our latest consensus estimate requires revenues of $ 1.26 billion, down 23.78% from the previous quarter.

We look at the whole year, our consensus concerts expect analysts to expect earnings of $ 0.52 per share and revenue of $ 6.79 billion. These totals will mark changes of 47.5% and + 4.82% respectively from last year.

Investors should also note any recent changes in analytical estimates for AMD. These revisions help to show the ever-changing nature of near-time business trends. As a result, we can interpret positive estimate revisions as a good sign of the company's business perspective.

Our research shows that these estimate changes are directly correlated with nearby stock prices. Investors can capitalize on this by using the Zacks Rank. This model assesses these estimate changes and provides a simple, usable assessment system.

From the Zacks Rank system to # 5 (Strong Buy) to # 5 (Strong Sell), it has proven to be untested, with 1 stock returning an average of 25% annually since 1988. The Zacks Consensus EPS estimate has moved 1 , 43% lower over the past month. AMD is currently running a Zacks ranking of # 3 (Hold).

When it comes to valuation, AMD is currently trading with a Forward P / E ratio of 34.28. This represents a premium in relation to the industry's average Forward P / E of 17.58.

Investors should also note that AMD has a PEG ratio of 1.61 right now. This metric is used in the same way as the famous P / E ratio, but the PEG ratio also takes into account the stock's expected earnings growth. Electronics – Semiconductors shares on average have a PEG ratio of 1.61 based on yesterday's closing price.

Electronics – The Semiconductors industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 185 and puts it at the bottom of 28% of all 250+ industries.

Zacks Industry Rank assesses the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within groups. Our surveys show that the top 50% nominal industries exceed the bottom half by a factor of 2 to 1.

Be sure to use Zacks. Will follow all of these stock movements, and more, in the upcoming trading sessions.

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