With 10.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.63 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $191.71 whereas the lowest price it dropped to was $183.01. The 52-week range on AMAT shows that it touched its highest point at $255.89 and its lowest point at $149.84 during that stretch. It currently has a 1-year price target of $211.00. With its current market cap of 151.74 billion, AMAT has annualized dividend of $1.52 while the current yield stands at 0.82%. AMAT paid its most recent dividend on 1732147200, while the ex-dividend date for that was 1732147200. Beta for the stock currently stands at 1.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMAT was up-trending over the past week, with a rise of 5.36%, but this was up by 10.12% over a month. Three-month performance dropped to -2.38% while six-month performance fell -15.26%. The stock gained 21.28% in the past year, while it has gained 14.67% so far this year. A look at the trailing 12-month EPS for AMAT yields 8.61 with Next year EPS estimates of 10.38. For the next quarter, that number is 2.28. This implies an EPS growth rate of 8.09% for this year and 11.03% for next year. EPS is expected to grow by 10.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.62%.
Float and Shares Shorts:
At present, 818.00 million AMAT shares are outstanding with a float of 810.91 million shares on hand for trading. On 2024-10-31, short shares totaled 16.71 million, which was 202.99999 higher than short shares on 1727654400. In addition to Mr. Gary E. Dickerson as the firm’s President, CEO & Executive Director, Mr. Brice A. Hill serves as its Senior VP, CFO & leads Global Information Services.
Institutional Ownership:
Through their ownership of 0.83852 of AMAT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-28, AMAT reported revenue of $7045000000.0 and operating income of $2046000000.0. The EBITDA in the recently reported quarter was $2071000000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMAT since 25 analysts follow the stock currently. There are 19 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMAT analysts setting a high price target of 250.0 and a low target of 155.0, the average target price over the next 12 months is 211.33. Based on these targets, AMAT could surge 34.06% to reach the target high and fall by -16.88% to reach the target low. Reaching the average price target will result in a growth of 13.33% from current levels.
Analysts have provided yearly estimates in a range of $8.55761 being high and $8.49742 being low. For AMAT, this leads to a yearly average estimate of $8.53755. Based on analyst estimates, the high estimate for the next quarter is $2.43 and the low estimate is $2.15. The average estimate for the next quarter is thus $2.3.
