The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Applied Materials Inc (NASDAQ: AMAT) closed at $174.57 down -6.52% from its previous closing price of $186.75. In other words, the price has decreased by -$6.52 from its previous closing price. On the day, 12.01 million shares were traded. AMAT stock price reached its highest trading level at $179.56 during the session, while it also had its lowest trading level at $170.45.
Ratios:
For a deeper understanding of Applied Materials Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.30.
Morgan Stanley Downgraded its Equal-Weight to Underweight on December 05, 2024, whereas the target price for the stock was revised from $179 to $164.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.
Raja Prabu G. sold 50,000 shares of AMAT for $12,458,500 on Jun 18 ’24. The President, Semi. Products Grp. now owns 458,417 shares after completing the transaction at $249.17 per share. On Jun 18 ’24, another insider, DICKERSON GARY E, who serves as the President and CEO of the company, sold 400,000 shares for $246.45 each. As a result, the insider received 98,579,111 and left with 1,542,269 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 141873217536 and an Enterprise Value of 150907158528. As of this moment, Applied’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.28, and their Forward P/E ratio for the next fiscal year is 16.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.22 while its Price-to-Book (P/B) ratio in mrq is 7.52. Its current Enterprise Value per Revenue stands at 5.62 whereas that against EBITDA is 18.394.
Stock Price History:
The Beta on a monthly basis for AMAT is 1.53, which has changed by 0.12337589 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, AMAT has reached a high of $255.89, while it has fallen to a 52-week low of $158.96. The 50-Day Moving Average of the stock is 0.01%, while the 200-Day Moving Average is calculated to be -12.00%.
Shares Statistics:
For the past three months, AMAT has traded an average of 6.68M shares per day and 6812470 over the past ten days. A total of 818.00M shares are outstanding, with a floating share count of 809.97M. Insiders hold about 0.34% of the company’s shares, while institutions hold 82.54% stake in the company. Shares short for AMAT as of 1730332800 were 16710241 with a Short Ratio of 2.77, compared to 1727654400 on 16260842. Therefore, it implies a Short% of Shares Outstanding of 16710241 and a Short% of Float of 2.0299999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.93. The current Payout Ratio is 17.66% for AMAT, which recently paid a dividend on 2024-11-21 with an ex-dividend date of 1732147200. Stock splits for the company last occurred on 2002-04-17 when the company split stock in a 2:1 ratio.
