Applied Materials Inc (AMAT) concluded trading on Wednesday at a closing price of $178.38, with 5.91 million shares of worth about $1.05 billion changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.44% during that period and on January 15, 2025 the price saw a gain of about 2.72%. Currently the company’s common shares owned by public are about 818.00M shares, out of which, 810.91M shares are available for trading.
Stock saw a price change of 0.31% in past 5 days and over the past one month there was a price change of 5.50%. Year-to-date (YTD), AMAT shares are showing a performance of 9.68% which increased to 17.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $149.84 but also hit the highest price of $255.89 during that period. The average intraday trading volume for Applied Materials Inc shares is 6.81 million. The stock is currently trading 5.32% above its 20-day simple moving average (SMA20), while that difference is up 2.25% for SMA50 and it goes to -10.39% lower than SMA200.
Applied Materials Inc (NASDAQ: AMAT) currently have 818.00M outstanding shares and institutions hold larger chunk of about 82.38% of that.
The stock has a current market capitalization of $145.15B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 20.72, while it has posted earnings per share of $8.61 in the same period. Its PEG reads 1.90 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 2.27% while standing at 2.42% over the month.
Analysts are in expectations that Applied Materials Inc (AMAT) stock would likely to be making an EPS of 2.3 in the current quarter, while forecast for next quarter EPS is 2.3 and it is 10.45 for next year. For the current quarter EPS, analysts have given the company a lowest target 2.19 which is 2.47 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 8.10% while it is estimated to increase by 10.74% in next year. EPS is likely to shrink at an annualized rate of 10.89% 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.
