Advanced Micro Devices Stock Net Income
AMD Stock | USD 180.46 0.87 0.48% |
Advanced Micro Devices fundamentals help investors to digest information that contributes to Advanced Micro's financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Micro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advanced Micro stock.
At present, Advanced Micro's Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. Advanced | Net Income |
Advanced Net Income Analysis
Advanced Micro's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
More About Net Income | All Equity Analysis
Advanced Micro Net Income |
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Net Income | = | (Rev + Gain) | - | (Exp + Loss) |
Current Advanced Micro Net Income | 854 M |
Most of Advanced Micro's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advanced Micro Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Advanced Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Advanced Micro Devices reported net income of 854 M. This is 58.44% higher than that of the Semiconductors & Semiconductor Equipment sector and 29.38% lower than that of the Information Technology industry. The net income for all United States stocks is 49.57% lower than that of the firm.
Advanced Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Micro's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advanced Micro could also be used in its relative valuation, which is a method of valuing Advanced Micro by comparing valuation metrics of similar companies.Advanced Micro is currently under evaluation in net income category among related companies.
Advanced Micro Institutional Holders
Institutional Holdings refers to the ownership stake in Advanced Micro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advanced Micro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advanced Micro's value.Shares | Wellington Management Company Llp | 2023-12-31 | 19.2 M | Goldman Sachs Group Inc | 2023-12-31 | 17.5 M | Northern Trust Corp | 2023-12-31 | 15.6 M | Amundi | 2023-12-31 | 14.8 M | Amvescap Plc. | 2023-12-31 | 14 M | Legal & General Group Plc | 2023-12-31 | 12.8 M | Coatue Management Llc | 2023-12-31 | 12.5 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 12.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 12.1 M | Vanguard Group Inc | 2023-12-31 | 142.4 M | Blackrock Inc | 2023-12-31 | 123.7 M |
Advanced Fundamentals
Return On Equity | 0.0154 | ||||
Return On Asset | 0.0037 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 284.69 B | ||||
Shares Outstanding | 1.62 B | ||||
Shares Owned By Insiders | 0.47 % | ||||
Shares Owned By Institutions | 74.90 % | ||||
Number Of Shares Shorted | 38.54 M | ||||
Price To Earning | 45.87 X | ||||
Price To Book | 5.14 X | ||||
Price To Sales | 12.60 X | ||||
Revenue | 22.68 B | ||||
Gross Profit | 12.05 B | ||||
EBITDA | 401 M | ||||
Net Income | 854 M | ||||
Cash And Equivalents | 4.83 B | ||||
Cash Per Share | 3.47 X | ||||
Total Debt | 3 B | ||||
Debt To Equity | 0.05 % | ||||
Current Ratio | 2.15 X | ||||
Book Value Per Share | 34.59 X | ||||
Cash Flow From Operations | 1.67 B | ||||
Short Ratio | 0.49 X | ||||
Earnings Per Share | 0.53 X | ||||
Price To Earnings To Growth | 0.72 X | ||||
Target Price | 190.75 | ||||
Number Of Employees | 26 K | ||||
Beta | 1.65 | ||||
Market Capitalization | 285.98 B | ||||
Total Asset | 67.89 B | ||||
Retained Earnings | 723 M | ||||
Working Capital | 10.08 B | ||||
Current Asset | 2.32 B | ||||
Current Liabilities | 1.4 B | ||||
Z Score | 57.68 | ||||
Net Asset | 67.89 B |
About Advanced Micro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advanced Micro Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Micro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Micro Devices based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Net Income | 854 M | 896.7 M | |
Net Income Applicable To Common Shares | 1.5 B | 1.6 B | |
Net Income From Continuing Ops | 208 M | 197.6 M | |
Net Income Per E B T | 1.00 | 0.70 |
Pair Trading with Advanced Micro
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advanced Micro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advanced Micro will appreciate offsetting losses from the drop in the long position's value.Moving against Advanced Stock
0.89 | MX | MagnaChip Semiconductor Financial Report 1st of May 2024 | PairCorr |
0.84 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
0.8 | WISA | WiSA Technologies | PairCorr |
0.75 | WOLF | Wolfspeed Financial Report 24th of April 2024 | PairCorr |
0.75 | NVTS | Navitas Semiconductor Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Advanced Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Micro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advanced Micro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advanced Micro Devices to buy it.
The correlation of Advanced Micro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advanced Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Micro Devices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advanced Micro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Advanced Micro Piotroski F Score and Advanced Micro Altman Z Score analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Advanced Micro's price analysis, check to measure Advanced Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Micro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advanced Micro. If investors know Advanced will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advanced Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 48.693 | Earnings Share 0.53 | Revenue Per Share 14.052 | Quarterly Revenue Growth 0.102 | Return On Assets 0.0037 |
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.