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Applied Materials (AMAT)
NASDAQ:AMAT
Applied Materials (AMAT) Stock Price & Analysis
11,502 Followers
AMAT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.21 - $255.89
Previous Close$202.32
Volume5.21M
Average Volume (3M)5.30M
Market Cap
$167.52B
Enterprise Value$165.52B
Total Cash (Recent Filing)$7.56B
Total Debt (Recent Filing)$5.56B
Price to Earnings (P/E)23.2
Beta1.70
Next Earnings
Aug 15, 2024EPS Estimate
$2.03Next Dividend Ex-Date
Aug 22, 2024Dividend Yield0.66%
Share Statistics
EPS (TTM)8.70
Shares Outstanding827,974,828
10 Day Avg. Volume5,830,273
30 Day Avg. Volume5,298,798
Standard Deviation0.11
R-Squared0.55
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)13.73
Price to Sales (P/S)28.99
Price to Cash Flow (P/CF)35.00
P/FCF Ratio41.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.25
Enterprise Value/Gross Profit13.37
Enterprise Value/Ebitda18.47
Forecast
1Y Price Target
$244.43Price Target Upside18.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Applied Materials News
Bulls Say, Bears Say
Bulls Say
Customer BaseTSMC was again not disclosed as a 10%+ customer, indicating a diversification of AMAT’s customer base.
Market PositionAMAT's leadership position puts the group in a sweet spot to benefit from the semiconductor industry recovery.
Revenue GrowthExcluding Samsung would imply total revenue +16% y/y (vs. flat y/y in F1Q24) and +4% q/q - highlighting the breadth of demand / strength from Domestic China.
Bears Say
Geopolitical RisksThe rising contribution from China to 43% of total revenue, up from over 20% last year, is a concern due to heightened geopolitical tensions between the US and China, which could impact future sales.
Legal IssuesApplied Materials is facing subpoenas from multiple government bodies, including the US Attorney’s Office, US Commerce Dept, and SEC, raising concerns about potential legal and regulatory challenges.
Revenue ConcernsUnsatisfied performance obligations have decreased to $4.3B from $5.1B in the prior quarter and $5.2B a year ago, indicating potential issues in fulfilling customer orders.
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Ownership Overview
2.91% Insiders
23.54% Mutual Funds
28.36% Other Institutional Investors
45.19% 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 $129.21 and its highest was $255.89 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 19 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 0.66%. See more information on Applied Materials dividends here
What is Applied Materials’s EPS estimate?
Applied Materials’s EPS estimate is $2.03.
How many shares outstanding does Applied Materials have?
Applied Materials has 827,974,850 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 -0.913%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$244.43 (18.39% Upside)
$244.43 (18.39% Upside)
Blogger Sentiment
Bullish
AMAT Sentiment 93%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 12.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.58%
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
$244.43
▲(18.39% Upside)
Technical Analysis
Best Analysts Covering AMAT
1 Year
1 Year Success Rate
21/23 ratings generated profit
1 Year Average Return
+42.50%
reiterated a buy rating 2 months ago
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