On Friday, Applied Materials Inc (NASDAQ: AMAT) opened lower -9.20% from the last session, before settling in for the closing price of $186.00. Price fluctuations for AMAT have ranged from $141.94 to $255.89 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 17.25% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.77% at the time writing. With a float of $819.29 million, this company’s outstanding shares have now reached $833.00 million.
In an organization with 34000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 47.46%, operating margin of 28.95%, and the pretax margin is 30.0%.
Applied Materials Inc (AMAT) Insider and Institutional Ownership
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 0.62%, while institutional ownership is 81.28%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 9.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.23% during the next five years compared to 24.63% 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 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.66. Likewise, its price to free cash flow for the trailing twelve months is 16.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.61, a number that is poised to hit 2.30 in the next quarter and is forecasted to reach 10.57 in one year’s time.
Technical Analysis of Applied Materials Inc (AMAT)
Let’s dig in a bit further. During the last 5-days, its volume was 9.52 million. That was better than the volume of 6.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.83%. Additionally, its Average True Range was 6.48.
During the past 100 days, Applied Materials Inc’s (AMAT) raw stochastic average was set at 1.75%, which indicates a significant decrease from 5.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.55% in the past 14 days, which was lower than the 52.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $190.88, while its 200-day Moving Average is $204.04. However, in the short run, Applied Materials Inc’s stock first resistance to watch stands at $172.86. Second resistance stands at $176.83. The third major resistance level sits at $179.60. If the price goes on to break the first support level at $166.12, it is likely to go to the next support level at $163.35. The third support level lies at $159.38 if the price breaches the second support level.
Applied Materials Inc (NASDAQ: AMAT) Key Stats
There are currently 824,404K shares outstanding in the company with a market cap of 126.41 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.
