Applied Materials Inc (NASDAQ: AMAT) kicked off on Tuesday, up 0.55% from the previous trading day, before settling in for the closing price of $169.41. Over the past 52 weeks, AMAT has traded in a range of $148.05-$255.89.
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During the last 5-year period, the sales growth of Technology Sector giant was 13.78%. While this was happening, its average annual earnings per share was recorded 8.64%. With a float of $809.31 million, this company’s outstanding shares have now reached $818.00 million.
Let’s determine the extent of company efficiency that accounts for 35700 employees. In terms of profitability, gross margin is 47.47%, operating margin of 28.95%, and the pretax margin is 30.0%.
Applied Materials Inc (AMAT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Applied Materials Inc is 0.54%, while institutional ownership is 82.11%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.38% during the next five years compared to 24.62% growth over the previous five years of trading.
Applied Materials Inc (NASDAQ: AMAT) Trading Performance Indicators
Take a look at Applied Materials Inc’s (AMAT) current performance indicators. Last quarter, stock had a quick ratio of 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.10. Likewise, its price to free cash flow for the trailing twelve months is 18.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.61, a number that is poised to hit 2.29 in the next quarter and is forecasted to reach 10.44 in one year’s time.
Technical Analysis of Applied Materials Inc (AMAT)
Looking closely at Applied Materials Inc (NASDAQ: AMAT), its last 5-days average volume was 6.66 million, which is a jump from its year-to-date volume of 6.21 million. As of the previous 9 days, the stock’s Stochastic %D was 18.40%. Additionally, its Average True Range was 5.03.
During the past 100 days, Applied Materials Inc’s (AMAT) raw stochastic average was set at 7.22%, which indicates a significant decrease from 18.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.45% in the past 14 days, which was lower than the 48.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.24, while its 200-day Moving Average is $202.32. However, in the short run, Applied Materials Inc’s stock first resistance to watch stands at $171.27. Second resistance stands at $172.20. The third major resistance level sits at $173.65. If the price goes on to break the first support level at $168.89, it is likely to go to the next support level at $167.44. Should the price break the second support level, the third support level stands at $166.51.
Applied Materials Inc (NASDAQ: AMAT) Key Stats
The company with the Market Capitalisation of 138.60 billion has total of 824,404K Shares Outstanding. Its annual sales at the moment are 27,176 M in contrast with the sum of 7,177 M annual income. Company’s last quarter sales were recorded 7,045 M and last quarter income was 1,731 M.
