From Nasdaq:

Advanced Micro Devices (AMD) stock closed at $148.54. This shows a decrease of -0.48% from the prior session, lower than the S&P 500’s daily gain of 0.57%. AMD shares were up 8.47% in the past month, outperforming the Computer and Technology sector’s 1.51% gain and the S&P 500’s 3.4% gain.

AMD is anticipated to report an EPS of $0.77, a projected 11.59% increase from the year-ago quarter. Revenue is expected to reach $6.11 billion, up 9.2% from the prior-year quarter. Changes in analyst estimates and recent revisions reflect short-term business trends.

The Zacks Rank system has a track record of superior performance, with #1 stocks contributing an average annual 25% return since 1988. The Zacks Consensus EPS estimate for AMD has shifted 0.41% upward over the past month. Currently, AMD carries a Zacks Rank of #3 (Hold).

In terms of valuation, AMD has a Forward P/E ratio of 41.01, signaling a premium compared to its industry’s Forward P/E of 28.55. AMD also has a PEG ratio of 3.19, higher than the industry average of 3.01.

The Electronics – Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 154, placing it in the bottom 39% of all 250+ industries. Top-rated industries outperform those in the bottom half by a factor of 2 to 1.

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