On Friday, Applied Materials Inc. (NASDAQ: AMAT) opened higher 1.51% from the last session, before settling in for the closing price of $183.75. Price fluctuations for AMAT have ranged from $129.21 to $255.89 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted 6.01% at the time writing. With a float of $821.84 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. In terms of profitability, gross margin is 47.41%, operating margin of 29.02%, and the pretax margin is 31.4%.
Applied Materials Inc. (AMAT) Breakdown of a Key Holders of the stock
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 0.31%, while institutional ownership is 82.25%. The most recent insider transaction that took place on Jun 21 ’24, was worth 2,325,560. In this transaction Director of this company sold 9,827 shares at a rate of $236.65, taking the stock ownership to the 49,185 shares. Before that another transaction happened on Jun 18 ’24, when Company’s President, Semi. Products Grp. sold 50,000 for $249.17, making the entire transaction worth $12,458,500. This insider now owns 458,417 shares in total.
Applied Materials Inc. (AMAT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 2.12 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.08% 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
Check out the current performance indicators for Applied Materials Inc. (AMAT). In the past quarter, the stock posted a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.73. Likewise, its price to free cash flow for the trailing twelve months is 23.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.90, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 9.67 in one year’s time.
Technical Analysis of Applied Materials Inc. (AMAT)
Compared to the last year’s volume of 6.09 million, its volume of 5.72 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.62%. Additionally, its Average True Range was 6.63.
During the past 100 days, Applied Materials Inc.’s (AMAT) raw stochastic average was set at 17.69%, which indicates a significant decrease from 18.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.65% in the past 14 days, which was higher than the 51.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $193.93, while its 200-day Moving Average is $202.40. Nevertheless, the first resistance level for the watch stands at $188.42 in the near term. At $190.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $191.45. If the price goes on to break the first support level at $185.39, it is likely to go to the next support level at $184.27. Now, if the price goes above the second support level, the third support stands at $182.36.
Applied Materials Inc. (NASDAQ: AMAT) Key Stats
There are currently 827,975K shares outstanding in the company with a market cap of 153.77 billion. Presently, the company’s annual sales total 26,517 M according to its annual income of 6,856 M. Last quarter, the company’s sales amounted to 6,778 M and its income totaled 1,705 M.
