Applied Materials Inc. (NASDAQ: AMAT) kicked off on June 21, 2022, at the price of $91.70, up 5.94% from the previous trading day. During the day, the shares moved up to $95.675 and dropped to $91.16 before settling in for the closing price of $89.83. Over the past 52 weeks, AMAT has traded in a range of $87.62-$167.06.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 16.30%. While this was happening, its average annual earnings per share was recorded 63.40%. With a float of $867.07 million, this company’s outstanding shares have now reached $878.00 million.
The extent of productivity of a business whose workforce counts for 27000 workers is very important to gauge. In terms of profitability, gross margin is +47.23, operating margin of +31.22, and the pretax margin is +29.36.
Applied Materials Inc. (AMAT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Applied Materials Inc. is 0.40%, while institutional ownership is 80.80%. The most recent insider transaction that took place on Dec 01, was worth 45,838,409. In this transaction President and CEO of this company sold 300,000 shares at a rate of $152.79, taking the stock ownership to the 1,668,504 shares. Before that another transaction happened on Sep 01, when Company’s SVP, Operations & Quality sold 40,000 for $134.83, making the entire transaction worth $5,393,077. This insider now owns 312,509 shares in total.
Applied Materials Inc. (AMAT) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 1/30/2022, the organization reported $1.89 earnings per share (EPS), higher than consensus estimate (set at $1.85) by $0.04. This company achieved a net margin of +25.53 while generating a return on equity of 51.59. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.17% during the next five years compared to 33.00% growth over the previous five years of trading.
Applied Materials Inc. (NASDAQ: AMAT) Trading Performance Indicators
Take a look at Applied Materials Inc.’s (AMAT) current performance indicators. Last quarter, stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.32. Likewise, its price to free cash flow for the trailing twelve months is 18.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.49, a number that is poised to hit 1.79 in the next quarter and is forecasted to reach 8.76 in one year’s time.
Technical Analysis of Applied Materials Inc. (AMAT)
The latest stats from [Applied Materials Inc., AMAT] show that its last 5-days average volume of 11.29 million was superior to 8.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.17%. Additionally, its Average True Range was 5.07.
During the past 100 days, Applied Materials Inc.’s (AMAT) raw stochastic average was set at 13.12%, which indicates a significant decrease from 24.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.82% in the past 14 days, which was higher than the 52.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.40, while its 200-day Moving Average is $132.78. Now, the first resistance to watch is $96.84. This is followed by the second major resistance level at $98.52. The third major resistance level sits at $101.36. If the price goes on to break the first support level at $92.33, it is likely to go to the next support level at $89.49. Assuming the price breaks the second support level, the third support level stands at $87.81.
Applied Materials Inc. (NASDAQ: AMAT) Key Stats
The company with the Market Capitalisation of 82.57 billion has total of 869,947K Shares Outstanding. Its annual sales at the moment are 23,063 M in contrast with the sum of 5,888 M annual income. Company’s last quarter sales were recorded 6,245 M and last quarter income was 1,536 M.