A better buy-in window may exist right now for Applied Materials Inc. (AMAT)

With 4.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.0 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $252.13 whereas the lowest price it dropped to was $247.48. The 52-week range on AMAT shows that it touched its highest point at $249.42 and its lowest point at $129.21 during that stretch. It currently has a 1-year price target of $241.83. With its current market cap of 208.21 billion, AMAT has annualized dividend of $1.36 while the current yield stands at 0.54%. Beta for the stock currently stands at 1.55.

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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 5.92%, but this was up by 13.40% over a month. Three-month performance surged to 20.30% while six-month performance rose 68.77%. The stock gained 80.17% in the past year, while it has gained 55.16% so far this year. A look at the trailing 12-month EPS for AMAT yields 8.70 with Next year EPS estimates of 9.72. For the next quarter, that number is 2.03. This implies an EPS growth rate of 4.40% for this year and 15.68% for next year. EPS is expected to grow by 14.73% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.34%.

Float and Shares Shorts:

At present, 833.00 million AMAT shares are outstanding with a float of 824.95 million shares on hand for trading. On 2024-06-14, short shares totaled 15.81 million, which was 191.0 higher than short shares on 1715731200. In addition to Mr. Gary E. Dickerson as the firm’s President, CEO & Executive Director, Mr. Brice A. Hill serves as its SVP, CFO & leads Global Information Services.

Institutional Ownership:

Through their ownership of 0.83072996 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 2024-04-28, AMAT reported revenue of $6646000000.0 and operating income of $1912000000.0. The EBITDA in the recently reported quarter was $2149000000.0 and diluted EPS was $2.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMAT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.