While Applied Materials Inc. has underperformed by -0.36%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMAT rose by 76.86%, with highs and lows ranging from $211.38 to $109.00, whereas the simple moving average jumped by 40.13% in the last 200 days.
On February 16, 2024, TD Cowen Reiterated Applied Materials Inc. (NASDAQ: AMAT) to Outperform. A report published by Cantor Fitzgerald on January 23, 2024, Initiated its previous ‘Neutral’ rating for AMAT. TD Cowen also reiterated AMAT shares as ‘Outperform’, quoting a target price of $185 on the company’s shares in a report dated December 12, 2023. TD Cowen resumed its ‘Outperform’ rating for AMAT, as published in its report on November 17, 2023. Raymond James’s report from October 17, 2023 suggests a price prediction of $160 for AMAT shares, giving the stock a ‘Outperform’ rating. Needham also rated the stock as ‘Buy’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Applied Materials Inc. (AMAT)
With AMAT’s current dividend of $1.28 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -0.18%, showing a negative trend in the upcoming months.
Applied Materials Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 46.41% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.91, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and AMAT has an average volume of 6.39M. On a monthly basis, the volatility of the stock is set at 2.75%, whereas on a weekly basis, it is put at 2.26%, with a gain of 2.92% over the past seven days. Furthermore, long-term investors anticipate a median target price of $218.05, showing growth from the present price of $209.49, which can serve as yet another indication of whether AMAT is worth investing in or should be passed over.
How Do You Analyze Applied Materials Inc. Shares?
Semiconductor Equipment & Materials giant Applied Materials Inc. (AMAT) is based in the USA and is one of the largest companies in the market. When comparing Applied Materials Inc. shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.64, there is a growth in quarterly earnings of 19.27%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.35%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 83.24% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AMAT shares are owned by institutional investors to the tune of 83.24% at present.
