| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Shares of chip stocks, including Advanced Micro Devices Inc. (NASDAQ:AMD), are trading lower Monday. The sector may be selling off following strength in the first half of 2024, driven by AI momentum.
What To Know: Despite a high Price to Earnings (P/E) ratio of 235.09, indicating a high valuation, AMD’s Price to Book (P/B) ratio of 4.67 and Price to Sales (P/S) ratio of 11.61 suggest potential undervaluation in these aspects.
However, its Return on Equity (ROE) of 0.22%, well below the industry average of 4.79%, and lower-than-average EBITDA and gross profit indicate inefficiency and potential financial challenges. AMD's revenue growth of 2.24% also lags behind the industry average of 14.15%, highlighting a challenging sales environment.
What Else: Meanwhile, Nvidia Corp. (NASDAQ:NVDA), a major competitor, faces regulatory scrutiny from French antitrust regulators over alleged anti-competitive practices, potentially impacting investor sentiment in the broader semiconductor sector.
Despite these challenges, AMD maintains a lower debt-to-equity ratio of 0.05 compared to its top peers.
AMD Price Action: AMD shares were down 3.78% at $156.18 at the time of writing, according to Benzinga Pro.
See Also: UFP Technologies Makes A Healthy Move With AJR Buyout
Image Via Shutterstock.
