AMD Has Already Updated The Earnings Guidance Of FY2021

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AMD
AMD

The stocks of AMD have already brought out their update on the earnings guidance of FY 2021. The EPS guidance for the period was provided for by the company, with the revenue guidance coming between the sum of $14.64 billion, which is slightly more than the consensus estimate coming in at $13.57 billion. 

The Quarterly Estimates Of AMD

The stocks of AMD traded on Tuesday at $78.55. The debt-to-equity ratio of the company is 0.10, with a 2.28 current ratio, along with a 1.74 quick ratio. The moving average price of the company over a period of 50 days is $80.80, with the moving average price over 200 days coming in at $85.85. The market cap of the firm is $95.44 billion, with a PE ratio of around 106.15, a 1.14 PEG ratio, and a 2.29 beta. The year low of the company is $48.42, with the year high coming in at $99.23. 

AMD previously updated its quarterly report on the 26th of April. The manufacturer of semiconductors had reported an EPS of $0.52 for the quarter, which was more than the consensus estimate of $0.44. The revenue generated by the company during this period was $3.45 billion, which was more than the consensus estimate of $3.20 billion. The net margin of the company is 10.17%, with a 33.04% return on equity. 

There have been quite a few research equities that have commented on the stocks of AMD. Piper Sandler has already increased the price target of the company from $100 to $110 with a rating of overweight in a 13th January research report. Susquehanna Bancshares has also increased the price target from $115 to $125 with a rating of positive in a 28th April research note. Truist has also increased the price target from $96 to $101 in a 27th January research report. Loop Capital decided to increase the price target of AMD from $95 to $115.