Applied Materials Inc [NASDAQ: AMAT] closed the trading session at $165.54.
The stocks have a year to date performance of 1.79 percent and weekly performance of -3.76 percent. The stock has been moved at -17.31 percent over the last six months. The stock has performed -11.36 percent around the most recent 30 days and changed -2.90 percent over the most recent 3-months.
If compared to the average trading volume of 6.70M shares, AMAT reached to a volume of 8561699 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $205.97 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 1.81. 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.
KeyBanc Capital Markets have made an estimate for Applied Materials Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Cleveland Research raised their target price to Neutral. The new note on the price target was released on December 17, 2024, representing the official price target for Applied Materials Inc stock. Previously, the target price had yet another drop from $179 to $164, while Morgan Stanley kept a Underweight rating on AMAT stock. On November 15, 2024, analysts decreased their price target for AMAT shares from 250 to 230.
The Average True Range (ATR) for Applied Materials Inc is set at 5.91, with the Price to Sales ratio for AMAT stock in the period of the last 12 months amounting to 4.87. The Price to Book ratio for the last quarter was 7.22, with the Price to Cash per share for the same quarter was set at 10.11. Price to Free Cash Flow for AMAT in the course of the last twelve months was 22.66 with Quick ratio for the last quarter at 1.96.
AMAT stock trade performance evaluation
Applied Materials Inc [AMAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.76. With this latest performance, AMAT shares dropped by -11.36% in over the last four-week period, additionally sinking by -17.31% over the last 6 months – not to mention a drop of -17.12% 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 38.23, with the RSI for the last a single of trading hit 32.96, and the three-weeks RSI is set at 41.45 for Applied Materials Inc [AMAT]. The present Moving Average for the last 50 days of trading for this stock 175.13, while it was recorded at 171.23 for the last single week of trading, and 195.96 for the last 200 days.
Applied Materials Inc [AMAT]: An insightful look at the core fundamentals
Applied Materials Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.96 and a Current Ratio set at 2.68.
Earnings per share (EPS) analysis for Applied Materials Inc [AMAT] stock
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 8.02%.
Applied Materials Inc [AMAT]: Institutional Ownership
The top three institutional holders of AMAT stocks are: BLACKROCK INC. with ownership of 79.11 million shares, which is approximately 9.5314%. VANGUARD GROUP INC, holding 76.12 million shares of the stock with an approximate value of $$17.96 billion in AMAT stocks shares; and VANGUARD GROUP INC, currently with $$9.0 billion in AMAT stock with ownership which is approximately 4.6169%.
