On Monday, Applied Materials Inc. (NASDAQ: AMAT) was -1.05% down from the session before settling in for the closing price of $207.86. A 52-week range for AMAT has been $109.00 – $214.91.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 10.73%. When this article was written, the company’s average yearly earnings per share was at 2.49%. With a float of $827.82 million, this company’s outstanding shares have now reached $833.00 million.
Considering the fact that the conglomerate employs 34000 people, you should pay attention to its efficiency factor.
Applied Materials Inc. (AMAT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Applied Materials Inc. stocks. The insider ownership of Applied Materials Inc. is 0.37%, while institutional ownership is 83.31%. The most recent insider transaction that took place on Dec 22 ’23, was worth 3,773,389. In this transaction Senior Vice President, CTO of this company sold 23,228 shares at a rate of $162.45, taking the stock ownership to the 190,972 shares. Before that another transaction happened on Aug 30 ’23, when Company’s SVP, CFO sold 1,000 for $150.04, making the entire transaction worth $150,040. This insider now owns 106,023 shares in total.
Applied Materials Inc. (AMAT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 24.70 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.25% during the next five years compared to 22.34% growth over the previous five years of trading.
Applied Materials Inc. (NASDAQ: AMAT) Trading Performance Indicators
You can see what Applied Materials Inc. (AMAT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.46. Likewise, its price to free cash flow for the trailing twelve months is 22.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.50, a number that is poised to hit 1.99 in the next quarter and is forecasted to reach 9.57 in one year’s time.
Technical Analysis of Applied Materials Inc. (AMAT)
Compared to the last year’s volume of 6.23 million, its volume of 4.59 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.48%. Additionally, its Average True Range was 5.98.
During the past 100 days, Applied Materials Inc.’s (AMAT) raw stochastic average was set at 86.88%, which indicates a significant increase from 31.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.11% in the past 14 days, which was lower than the 34.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $199.39, while its 200-day Moving Average is $160.29. Nevertheless, the first resistance level for the watch stands at $212.00 in the near term. At $218.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $222.19. If the price goes on to break the first support level at $201.81, it is likely to go to the next support level at $197.95. Now, if the price goes above the second support level, the third support stands at $191.62.
Applied Materials Inc. (NASDAQ: AMAT) Key Stats
There are 830,897K outstanding shares of the company, which has a market capitalization of 170.90 billion. As of now, sales total 26,517 M while income totals 6,856 M. Its latest quarter income was 6,707 M while its last quarter net income were 2,019 M.
