Applied Materials Inc. [AMAT] gain 30.94% so far this year. What now?

Applied Materials Inc. [NASDAQ: AMAT] gained 6.72% on the last trading session, reaching $113.00 price per share at the time. The company report on February 5, 2021 that Applied Materials Announces Q1 FY2021 Earnings Webcast.

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Applied Materials, Inc. will hold a webcast to discuss its first quarter of fiscal 2021 financial results on Thursday, Feb. 18, 2021 at 4:30 p.m. ET / 1:30 p.m. PT.

The live webcast will be accessible via the Applied Materials website at: A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT.

Applied Materials Inc. represents 916.00 million in outstanding shares, while the company has a total market value of $105.96 billion with the latest information. AMAT stock price has been found in the range of $107.29 to $114.30.

If compared to the average trading volume of 7.01M shares, AMAT reached a trading volume of 11994862 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Applied Materials Inc. [AMAT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMAT shares is $109.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMAT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

DA Davidson have made an estimate for Applied Materials Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 26, 2021. While these analysts kept the previous recommendation, Needham dropped their target price from $82 to $110. The new note on the price target was released on December 30, 2020, representing the official price target for Applied Materials Inc. stock. Previously, the target price had yet another raise from $78 to $82, while Cowen kept a Outperform rating on AMAT stock. On August 14, 2020, analysts increased their price target for AMAT shares from 72 to 82.

The Average True Range (ATR) for Applied Materials Inc. is set at 4.54, with the Price to Sales ratio for AMAT stock in the period of the last 12 months amounting to 6.16. The Price to Book ratio for the last quarter was 9.78, with the Price to Cash per share for the same quarter was set at 6.12. Price to Free Cash Flow for AMAT in the course of the last twelve months was 40.83 with Quick ratio for the last quarter at 2.10.

Trading performance analysis for AMAT stock

Applied Materials Inc. [AMAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.45. With this latest performance, AMAT shares gained by 12.99% in over the last four-week period, additionally plugging by 69.92% over the last 6 months – not to mention a rise of 72.86% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMAT stock in for the last two-week period is set at 65.59, with the RSI for the last a single of trading hit 68.19, and the three-weeks RSI is set at 64.91 for Applied Materials Inc. [AMAT]. The present Moving Average for the last 50 days of trading for this stock 95.06, while it was recorded at 106.23 for the last single week of trading, and 69.94 for the last 200 days.

Applied Materials Inc. [AMAT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Applied Materials Inc. [AMAT] shares currently have an operating margin of +25.32 and a Gross Margin at +44.58. Applied Materials Inc.’s Net Margin is presently recorded at +21.04.

Return on Total Capital for AMAT is now 29.22, given the latest momentum, and Return on Invested Capital for the company is 24.83. Return on Equity for this stock inclined to 38.52, with Return on Assets sitting at 17.49. When it comes to the capital structure of this company, Applied Materials Inc. [AMAT] has a Total Debt to Total Equity ratio set at 53.95. Additionally, AMAT Total Debt to Total Capital is recorded at 35.04, with Total Debt to Total Assets ending up at 25.53. Long-Term Debt to Equity for the company is recorded at 53.35, with the Long-Term Debt to Total Capital now at 34.65.

Reflecting on the efficiency of the workforce at the company, Applied Materials Inc. [AMAT] managed to generate an average of $150,792 per employee. Receivables Turnover for the company is 5.98 with a Total Asset Turnover recorded at a value of 0.83.Applied Materials Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 3.00.

Applied Materials Inc. [AMAT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Applied Materials Inc. posted 0.98/share EPS, while the average EPS was predicted by analysts to be reported at 0.93/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Applied Materials Inc. go to 16.05%.

An analysis of insider ownership at Applied Materials Inc. [AMAT]

There are presently around $82,871 million, or 83.40% of AMAT stock, in the hands of institutional investors. The top three institutional holders of AMAT stocks are: BLACKROCK INC. with ownership of 76,304,024, which is approximately -2.354% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 73,758,988 shares of the stock with an approximate value of $8.33 billion in AMAT stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $5.26 billion in AMAT stock with ownership of nearly -18.696% of the company’s market capitalization.

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Positions in Applied Materials Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 631 institutional holders increased their position in Applied Materials Inc. [NASDAQ:AMAT] by around 51,854,750 shares. Additionally, 547 investors decreased positions by around 54,162,606 shares, while 186 investors held positions by with 627,356,704 shares. The mentioned changes placed institutional holdings at 733,374,060 shares, according to the latest SEC report filing. AMAT stock had 185 new institutional investments in for a total of 9,009,926 shares, while 77 institutional investors sold positions of 3,296,903 shares during the same period.

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