Applied Materials Inc (AMAT) concluded trading on Thursday at a closing price of $163.87, with 4.16 million shares of worth about $682.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.65% during that period and on Thursday the price saw a gain of about 0.76%. Currently the company’s common shares owned by public are about 818.00M shares, out of which, 809.10M shares are available for trading.
Stock saw a price change of -2.67% in past 5 days and over the past one month there was a price change of -10.58%. Year-to-date (YTD), AMAT shares are showing a performance of 0.76% which increased to 6.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $148.05 but also hit the highest price of $255.89 during that period. The average intraday trading volume for Applied Materials Inc shares is 6.56 million. The stock is currently trading -2.64% below its 20-day simple moving average (SMA20), while that difference is down -6.94% for SMA50 and it goes to -18.21% lower than SMA200.
Applied Materials Inc (NASDAQ: AMAT) currently have 818.00M outstanding shares and institutions hold larger chunk of about 82.11% of that.
The stock has a current market capitalization of $133.34B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 19.03, while it has posted earnings per share of $8.61 in the same period. Its PEG reads 1.81 and has Quick Ratio of 1.87 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AMAT, volatility over the week remained 1.81% while standing at 2.43% over the month.
Stock’s fiscal year EPS is expected to rise by 8.65% while it is estimated to increase by 11.20% in next year. EPS is likely to shrink at an annualized rate of 10.53% for next 5-years, compared to annual growth of 24.62% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated Applied Materials Inc (AMAT) stock as an Underweight in their note to investors on December 05, 2024, suggesting a price target of $164 for the stock. On November 15, 2024, TD Cowen Reiterated their recommendations, while on June 05, 2024, Barclays Upgrade their ratings for the stock with a price target of $225. Stock get a Buy rating from TD Cowen on May 17, 2024.
