Applied Materials Inc. [NASDAQ: AMAT] gained 6.45% on the last trading session, reaching $156.89 price per share at the time. The company report on December 2, 2021 that Applied Materials Announces Cash Dividend.
Applied Materials, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.24 per share payable on the company’s common stock. The dividend is payable on March 16, 2022 to shareholders of record as of Feb. 23, 2022.
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The quarterly cash dividend is a key component of Applied’s capital allocation strategy. In fiscal 2021, Applied returned $4.59 billion to shareholders through dividends and share repurchases. The company had approximately $5.0 billion remaining in its share buyback authorization at the end of that period.
Applied Materials Inc. represents 908.00 million in outstanding shares, while the company has a total market value of $142.30 billion with the latest information. AMAT stock price has been found in the range of $150.129 to $157.9967.
If compared to the average trading volume of 7.39M shares, AMAT reached a trading volume of 10470221 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 $167.30 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.
Stifel have made an estimate for Applied Materials Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 19, 2021. While these analysts kept the previous recommendation, Needham raised their target price from $153 to $166. The new note on the price target was released on November 19, 2021, representing the official price target for Applied Materials Inc. stock. Previously, the target price had yet another raise from $160 to $170, while Deutsche Bank kept a Buy rating on AMAT stock. On November 19, 2021, analysts increased their price target for AMAT shares from 175 to 190.
The Average True Range (ATR) for Applied Materials Inc. is set at 6.06, with the Price to Sales ratio for AMAT stock in the period of the last 12 months amounting to 6.17. The Price to Book ratio for the last quarter was 11.81, with the Price to Cash per share for the same quarter was set at 7.18. Price to Free Cash Flow for AMAT in the course of the last twelve months was 41.72 with Quick ratio for the last quarter at 2.20.
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 6.59. With this latest performance, AMAT shares gained by 2.35% in over the last four-week period, additionally plugging by 16.52% over the last 6 months – not to mention a rise of 76.00% 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 59.75, with the RSI for the last a single of trading hit 61.83, and the three-weeks RSI is set at 58.85 for Applied Materials Inc. [AMAT]. The present Moving Average for the last 50 days of trading for this stock 141.09, while it was recorded at 149.65 for the last single week of trading, and 134.38 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 +31.27 and a Gross Margin at +47.37. Applied Materials Inc.’s Net Margin is presently recorded at +25.53.
Return on Total Capital for AMAT is now 42.44, given the latest momentum, and Return on Invested Capital for the company is 34.72. Return on Equity for this stock inclined to 51.59, with Return on Assets sitting at 24.44. When it comes to the capital structure of this company, Applied Materials Inc. [AMAT] has a Total Debt to Total Equity ratio set at 44.52. Additionally, AMAT Total Debt to Total Capital is recorded at 30.80, with Total Debt to Total Assets ending up at 21.11. Long-Term Debt to Equity for the company is recorded at 44.52, with the Long-Term Debt to Total Capital now at 30.80.
Receivables Turnover for the company is 5.72 with a Total Asset Turnover recorded at a value of 0.96.Applied Materials Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.20 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 1.39/share EPS, while the average EPS was predicted by analysts to be reported at 1.28/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.60%. 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 16.54%.
An analysis of insider ownership at Applied Materials Inc. [AMAT]
There are presently around $110,742 million, or 80.10% of AMAT stock, in the hands of institutional investors. The top three institutional holders of AMAT stocks are: BLACKROCK INC. with ownership of 74,891,677, which is approximately 1.92% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 73,230,636 shares of the stock with an approximate value of $11.49 billion in AMAT stocks shares; and STATE STREET CORP, currently with $6.24 billion in AMAT stock with ownership of nearly -1.024% of the company’s market capitalization.
Positions in Applied Materials Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 787 institutional holders increased their position in Applied Materials Inc. [NASDAQ:AMAT] by around 37,673,131 shares. Additionally, 682 investors decreased positions by around 39,932,810 shares, while 268 investors held positions by with 628,249,360 shares. The mentioned changes placed institutional holdings at 705,855,301 shares, according to the latest SEC report filing. AMAT stock had 127 new institutional investments in for a total of 8,650,339 shares, while 114 institutional investors sold positions of 4,142,936 shares during the same period.