Currently, there are 818.00M common shares owned by the public and among those 809.31M shares have been available to trade.
The company’s stock has a 5-day price change of 1.29% and -8.49% over the past three months. AMAT shares are trading 5.10% year to date (YTD), with the 12-month market performance up to 5.18% higher. It has a 12-month low price of $148.05 and touched a high of $255.89 over the same period. AMAT has an average intraday trading volume of 6.55 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.71%, -6.53%, and -15.81% respectively.
Institutional ownership of Applied Materials Inc (NASDAQ: AMAT) shares accounts for 82.11% of the company’s 818.00M shares outstanding.
It has a market capitalization of $138.60B and a beta (3y monthly) value of 1.51. The stock’s trailing 12-month PE ratio is 19.79, while the earnings-per-share (ttm) stands at $8.61. The company has a PEG of 1.74 and a Quick Ratio of 1.87 with the debt-to-equity ratio at 0.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.91% over the week and 2.59% over the month.
Earnings per share for the fiscal year are expected to increase by 8.64%, and 11.13% over the next financial year. EPS should shrink at an annualized rate of 11.38% over the next five years, compared to 24.62% over the past 5-year period.
Morgan Stanley coverage for the Applied Materials Inc (AMAT) stock in a research note released on December 05, 2024 offered a Underweight rating with a price target of $164. TD Cowen was of a view on November 15, 2024 that the stock is Buy, while Barclays gave the stock Equal Weight rating on June 05, 2024, issuing a price target of $165- $225. TD Cowen on their part issued Buy rating on May 17, 2024.