Advanced Micro Devices (AMD) Advances But Underperforms Market: Key Facts

Company Performance - Advanced Micro Devices (AMD) ended the latest trading session at $101.67, reflecting a +0.91% change from the previous close, underperforming the S&P 500 which gained 1.12% [1] - Over the past month, AMD shares have decreased by 15.69%, compared to a 7.5% loss in the Computer and Technology sector and a 4.13% loss in the S&P 500 [1] Upcoming Earnings Expectations - Analysts expect AMD to report earnings of $0.93 per share, indicating a year-over-year growth of 50% [2] - The Zacks Consensus Estimate for revenue is projected at $7.11 billion, representing a 29.98% increase from the same period last year [2] Full Year Projections - For the full year, analysts anticipate earnings of $4.59 per share and revenue of $31.87 billion, reflecting changes of +38.67% and +23.61% respectively from the previous year [3] Analyst Estimate Revisions - Recent adjustments to analyst estimates for AMD are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Consensus EPS estimate has decreased by 6.17% over the past month, and AMD currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - AMD is currently trading at a Forward P/E ratio of 21.95, which is a premium compared to the industry average Forward P/E of 14.77 [7] - The company has a PEG ratio of 0.85, while the average PEG ratio for the Computer - Integrated Systems industry is 1.5 [8] Industry Context - The Computer - Integrated Systems industry, part of the broader Computer and Technology sector, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [9]