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Applied Materials (AMAT)
NASDAQ:AMAT
Applied Materials (AMAT) Stock Price & Analysis
10,986 Followers
AMAT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$119.46 - $219.36
Previous Close$212.08
Volume8.03M
Average Volume (3M)5.29M
Market Cap
$176.22B
Enterprise Value$174.29B
Total Cash (Recent Filing)$7.49B
Total Debt (Recent Filing)$5.56B
Price to Earnings (P/E)24.4
Beta1.73
Next Earnings
Aug 15, 2024EPS Estimate
$2.02Next Dividend Ex-Date
May 22, 2024Dividend Yield0.6%
Share Statistics
EPS (TTM)8.70
Shares Outstanding830,897,356
10 Day Avg. Volume4,444,684
30 Day Avg. Volume5,294,446
Standard Deviation0.11
R-Squared0.56
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)13.26
Price to Sales (P/S)26.21
Price to Cash Flow (P/CF)19.10
P/FCF Ratio20.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.58
Enterprise Value/Gross Profit14.07
Enterprise Value/Ebitda25.57
Forecast
1Y Price Target
$235.54Price Target Upside11.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
Applied Materials News
PremiumStock Analysis & Ideas
AMSL, AMAT, MU: Which Semiconductor Stock Is the Best Dip Buy?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceApplied Materials reports strong financial performance with revenue growth in advanced packaging and robust demand for Gate-All-Around technology, signalling potential revenue doubling in the near future.
Investor ConfidenceAnalysts have a positive outlook on Applied Materials, with increased price targets and expectations of continued sales and earnings growth, reflecting confidence in the company's market position and financial health.
Market LeadershipAs a leader in materials engineering, Applied Materials is poised to capitalize on multiple technology inflections, holding nearly 50% market share in key areas such as AI silicon, which bodes well for sustained outperformance.
Bears Say
Company-Specific IssuesApplied Materials received a third subpoena related to China, suggesting ongoing regulatory scrutiny that could impact operations and investor sentiment.
Customer DynamicsTSMC is no longer disclosed as a 10%+ customer, indicating a decrease from previous quarters where it constituted a larger share of revenue, potentially signaling reduced business from a major client.
Market And Economic ConditionsChina revenue is expected to decline significantly in the upcoming quarters, with DRAM revenue nearing $0M, indicating a substantial downturn in a key market.
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Ownership Overview
2.96% Insiders
23.62% Mutual Funds
44.85% Other Institutional Investors
28.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AMAT FAQ
What was Applied Materials’s price range in the past 12 months?
Applied Materials lowest stock price was $119.46 and its highest was $219.36 in the past 12 months.
What is Applied Materials’s market cap?
Currently, no data Available
When is Applied Materials’s upcoming earnings report date?
Applied Materials’s upcoming earnings report date is Aug 15, 2024 which is in 88 days.
How were Applied Materials’s earnings last quarter?
Applied Materials released its earnings results on May 16, 2024. The company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.987 by $0.103.
Is Applied Materials overvalued?
According to Wall Street analysts Applied Materials’s price is currently Undervalued.
Does Applied Materials pay dividends?
Applied Materials pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 0.6%. See more information on Applied Materials dividends here
What is Applied Materials’s EPS estimate?
Applied Materials’s EPS estimate is $2.02.
How many shares outstanding does Applied Materials have?
Applied Materials has 830,897,340 shares outstanding.
What happened to Applied Materials’s price movement after its last earnings report?
Applied Materials reported an EPS of $2.09 in its last earnings report, beating expectations of $1.987. Following the earnings report the stock price went down -0.911%.
Which hedge fund is a major shareholder of Applied Materials?
Among the largest hedge funds holding Applied Materials’s share is Generation Investment Management LLP. It holds Applied Materials’s shares valued at 1B.
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Applied Materials Stock Smart Score
Outperform
1
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$235.54 (11.06% Upside)
$235.54 (11.06% Upside)
Blogger Sentiment
Bullish
AMAT Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.17%
12-Months-Change
Fundamentals
Return on Equity
45.19%
Trailing 12-Months
Asset Growth
9.82%
Trailing 12-Months
Company Description
Applied Materials
Founded in 1967, Applied Materials, Inc. is a California-based company which provides manufacturing equipment, services, and software solutions to the semiconductor, display, and related industries to produce new chip and advanced display. It operates through the following segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets.
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AMAT Company Deck
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AMAT Earnings Call
Q2 2024
0:00 / 0:00
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AMAT Net sales Breakdown
74.28% Semiconductor Systems
21.62% Applied Global Services
3.27% Display and Adjacent Markets
0.83% Other
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AMAT Stock 12 Month Forecast
Average Price Target
$235.54
▲(11.06% Upside)
Technical Analysis
Best Analysts Covering AMAT
1 Year
1 Year Success Rate
21/23 ratings generated profit
1 Year Average Return
+42.64%
reiterated a buy rating 4 days ago
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