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As of close of business last night, Applied Materials Inc.’s stock clocked out at $205.57, down -0.44% from its previous closing price of $206.47. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 4.17 million shares were traded. AMAT stock price reached its highest trading level at $212.53 during the session, while it also had its lowest trading level at $204.89.
Ratios:
To gain a deeper understanding of AMAT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on June 05, 2024, Upgraded its rating to Equal Weight and sets its target price to $225 from $165 previously.
On May 17, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $245 to $250.
Jefferies Downgraded its Buy to Hold on May 13, 2024, whereas the target price for the stock was revised from $215 to $210.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 21 ’24 when Iannotti Thomas J sold 9,827 shares for $236.65 per share. The transaction valued at 2,325,560 led to the insider holds 49,185 shares of the business.
DICKERSON GARY E sold 400,000 shares of AMAT for $98,579,111 on Jun 18 ’24. The President and CEO now owns 1,542,269 shares after completing the transaction at $246.45 per share. On Jun 18 ’24, another insider, Raja Prabu G., who serves as the President, Semi. Products Grp. of the company, sold 50,000 shares for $249.17 each. As a result, the insider received 12,458,500 and left with 458,417 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMAT now has a Market Capitalization of 170206822400 and an Enterprise Value of 168647786496. As of this moment, Applied’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.62, and their Forward P/E ratio for the next fiscal year is 21.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.43 while its Price-to-Book (P/B) ratio in mrq is 9.35. Its current Enterprise Value per Revenue stands at 6.364 whereas that against EBITDA is 20.808.
Stock Price History:
Over the past 52 weeks, AMAT has reached a high of $255.89, while it has fallen to a 52-week low of $129.21. The 50-Day Moving Average of the stock is -9.89%, while the 200-Day Moving Average is calculated to be 9.53%.
Shares Statistics:
It appears that AMAT traded 5.30M shares on average per day over the past three months and 6867870 shares per day over the past ten days. A total of 833.00M shares are outstanding, with a floating share count of 824.95M. Insiders hold about 0.37% of the company’s shares, while institutions hold 80.26% stake in the company. Shares short for AMAT as of 1721001600 were 15727993 with a Short Ratio of 2.97, compared to 1718323200 on 15813639. Therefore, it implies a Short% of Shares Outstanding of 15727993 and a Short% of Float of 1.9.
Dividends & Splits
With its trailing 12-month dividend rate of 1.36, AMAT has a forward annual dividend rate of 1.36. Against a Trailing Annual Dividend Yield of 0.0065869135The stock’s 5-year Average Dividend Yield is 0.99.
