Applied Materials Inc (AMAT) is predicted to post EPS of 2.30 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

Applied Materials Inc (NASDAQ: AMAT) started the day on Wednesday, with a price increase of 0.70% at $170.49, before settling in for the price of $169.31 at the close. Taking a more long-term approach, AMAT posted a 52-week range of $144.57-$255.89.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 13.78%. Meanwhile, its Annual Earning per share during the time was 24.63%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.72%. This publicly-traded company’s shares outstanding now amounts to $833.00 million, simultaneously with a float of $821.85 million. The organization now has a market capitalization sitting at $140.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $190.26, while the 200-day Moving Average is $204.05.

Applied Materials Inc (AMAT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductor Equipment & Materials Industry. Applied Materials Inc’s current insider ownership accounts for 0.31%, in contrast to 81.21% institutional ownership. According to the most recent insider trade that took place on Jun 21 ’24, this organization’s Director sold 9,827 shares at the rate of 236.65, making the entire transaction reach 2,325,560 in total value, affecting insider ownership by 49,185. Preceding that transaction, on Jun 18 ’24, Company’s President, Semi. Products Grp. sold 50,000 for 249.17, making the whole transaction’s value amount to 12,458,500. This particular insider is now the holder of 458,417 in total.

Applied Materials Inc (AMAT) Earnings and Revenue Records

Applied Materials Inc’s EPS increase for this current 12-month fiscal period is 9.72% and is forecasted to reach 10.61 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.23% through the next 5 years, which can be compared against the 24.63% growth it accomplished over the previous five years trading on the market.

Applied Materials Inc (NASDAQ: AMAT) Trading Performance Indicators

Let’s observe the current performance indicators for Applied Materials Inc (AMAT). It’s Quick Ratio in the last reported quarter now stands at 1.87. The Stock has managed to achieve an average true range (ATR) of 5.95. Alongside those numbers, its PE Ratio stands at $19.80, and its Beta score is 1.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.18. Similarly, its price to free cash flow for trailing twelve months is now 18.77.

In the same vein, AMAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.61, a figure that is expected to reach 2.30 in the next quarter, and analysts are predicting that it will be 10.61 at the market close of one year from today.

Technical Analysis of Applied Materials Inc (AMAT)

If we take a close look at the recent performances of Applied Materials Inc (NASDAQ: AMAT), its last 5-days Average volume was 10.24 million that shows progress from its year to date volume of 6.16 million. During the previous 9 days, stock’s Stochastic %D was recorded 12.14% While, its Average True Range was 5.83.

Raw Stochastic average of Applied Materials Inc (AMAT) in the period of the previous 100 days is set at 4.09%, which indicates a major fall in contrast to 13.25% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 47.52% that was lower than 52.72% volatility it exhibited in the past 100-days period.