2.54% volatility in Applied Materials Inc. (AMAT) last month: This is a red flag warning

On November 20, 2023, Applied Materials Inc. (NASDAQ: AMAT) opened at $148.88, higher 2.68% from the last session. During the day, the shares moved up to $153.00 and dropped to $148.81 before settling in for the closing price of $148.59. Price fluctuations for AMAT have ranged from $93.68 to $157.76 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 10.78%. Company’s average yearly earnings per share was noted -4.57% at the time writing. With a float of $833.36 million, this company’s outstanding shares have now reached $844.00 million.

The extent of productivity of a business whose workforce counts for 33000 workers is very important to gauge. In terms of profitability, gross margin is +46.70, operating margin of +28.86, and the pretax margin is +29.10.

Applied Materials Inc. (AMAT) Insider Updates

A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of Applied Materials Inc. is 0.38%, while institutional ownership is 82.41%. The most recent insider transaction that took place on Aug 30, was worth 150,040. In this transaction SVP, CFO of this company sold 1,000 shares at a rate of $150.04, taking the stock ownership to the 106,023 shares. Before that another transaction happened on Jul 07, when Company’s SVP, CLO sold 10,000 for $142.00, making the entire transaction worth $1,420,000. This insider now owns 69,504 shares in total.

Applied Materials Inc. (AMAT) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 10/30/2023, the company posted $2.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2) by $0.12. This company achieved a net margin of +25.86 while generating a return on equity of 48.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.64 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -4.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.44% during the next five years compared to 22.33% growth over the previous five years of trading.

Applied Materials Inc. (NASDAQ: AMAT) Trading Performance Indicators

Check out the current performance indicators for Applied Materials Inc. (AMAT). In the past quarter, the stock posted a quick ratio of 1.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.82. Likewise, its price to free cash flow for the trailing twelve months is 16.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.11, a number that is poised to hit 1.91 in the next quarter and is forecasted to reach 8.84 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 9.48 million was superior to 6.01 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.07%. Additionally, its Average True Range was 4.70.

During the past 100 days, Applied Materials Inc.’s (AMAT) raw stochastic average was set at 81.82%, which indicates a significant increase from 79.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.44% in the past 14 days, which was higher than the 32.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $140.25, while its 200-day Moving Average is $132.28. Now, the first resistance to watch is $154.11. This is followed by the second major resistance level at $155.65. The third major resistance level sits at $158.30. If the price goes on to break the first support level at $149.92, it is likely to go to the next support level at $147.27. Assuming the price breaks the second support level, the third support level stands at $145.73.

Applied Materials Inc. (NASDAQ: AMAT) Key Stats

There are currently 839,534K shares outstanding in the company with a market cap of 127.63 billion. Presently, the company’s annual sales total 25,785 M according to its annual income of 6,525 M. Last quarter, the company’s sales amounted to 6,425 M and its income totaled 1,560 M.


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