Applied Materials Inc (NASDAQ: AMAT) is -6.46% lower on its value in year-to-date trading and has touched a low of $153.95 and a high of $255.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMAT stock was last observed hovering at around $158.07 in the last trading session, with the day’s loss setting it -5.94%.
Currently trading at $152.13, the stock is -12.20% and -12.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.16 million and changing -3.76% at the moment leaves the stock -21.98% off its SMA200. AMAT registered -22.99% loss for a year compared to 6-month loss of -21.13%.
The stock witnessed a -16.28% gain in the last 1 month and extending the period to 3 months gives it a -12.17%, and is -9.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.99% over the week and 3.28% over the month.
Applied Materials Inc (AMAT) has around 35700 employees, a market worth around $123.60B and $27.62B in sales. Current P/E ratio is 19.90 and Fwd P/E is 15.11. Profit margin for the company is 22.97%. Distance from 52-week low is -1.18% and -40.55% from its 52-week high. The company has generated returns on investments over the last 12 months (26.07%).
with sales reaching $7.13B over the same period.The EPS is expected to grow by 8.05% this year, but quarterly earnings will post 6.10% year-over-year. Quarterly sales are estimated to grow 7.25% in year-over-year returns.
Applied Materials Inc (AMAT) Top Institutional Holders
The shares outstanding are 812.44M, and float is at 810.39M with Short Float at 2.30%.
The top institutional shareholder in the company is BLACKROCK INC. with over 79.11 million shares valued at $18.67 billion. The investor’s holdings represent 9.5314% of the AMAT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 76.12 million shares valued at $17.96 billion to account for 9.1713 of the shares outstanding. The other top investors are STATE STREET CORP which holds 38.14 million shares representing 4.6169% and valued at over $9.0 billion, while CAPITAL INTERNATIONAL INVESTORS holds 2.7639 of the shares totaling 22.83 million with a market value of $5.39 billion.
Applied Materials Inc (AMAT) Insider Activity
A total of 0 insider transactions have happened at Applied Materials Inc (AMAT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Sanders Adam, the company’s Corp. Controller & CAO. SEC filings show that Sanders Adam sold 271 shares of the company’s common stock on Feb 24 ’25 at a price of $172.72 per share for a total of $46808.0. Following the sale, the insider now owns 6479.0 shares.
Applied Materials Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Iannotti Thomas J (Director) sold a total of 9,827 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $236.65 per share for $2.33 million. Following the transaction, the insider now directly holds 49185.0 shares of the AMAT stock.
Still, SEC filings show that on Jun 18 ’24, Raja Prabu G. (President, Semi. Products Grp.) disposed off 50,000 shares at an average price of $249.17 for $12.46 million. The insider now directly holds 458,417 shares of Applied Materials Inc (AMAT).
Applied Materials Inc (AMAT): Who are the competitors?
The company’s main competitors (and peers) include Broadcom Inc. (AVGO) that is trading 33.62% up over the past 12 months. Qualcomm Inc. (QCOM) that is -7.77% lower over the same period.
