Applied Materials, Inc. (NASDAQ:AMAT) EPS Analysis

Gladys Abbott
May 19, 2017

Investors initially were unimpressed but eventually sent Applied Materials stock higher by almost 2% to 44.70 in after-hours trading on the stock market today. State Street Corp is the second biggest holder with 50 million shares now valued at 1.63 B million whilst BlackRock Fund Advisors has 41 million shares valued at 1.31 B million. The stock is now trading -24.90% below its SMA 50 and -34.16% below its SMA 200. Inc. now owns 545,727 shares of the manufacturing equipment provider's stock valued at $16,454,000 after buying an additional 41,016 shares in the last quarter. UMB Bank N A MO's holdings in Applied Materials were worth $357,000 at the end of the most recent quarter.

Price to Sale ratio of AMAT stands at 4.11 while Price to Book Ratio stands at 6.33. In looking at volatility levels, the shares saw weekly volatility of 5.35% and 4.25% over the past month. Huntington National Bank now owns 508,920 shares of the manufacturing equipment provider's stock valued at $15,344,000 after buying an additional 79,895 shares in the last quarter. Citigroup upgraded the shares of AMAT in report on Wednesday, May 25 to "Buy" rating.

"Across the company we have tremendous momentum as our markets are strong and getting stronger, and we're sustainably growing faster than these markets by expanding our served opportunity and gaining share", Applied Chief Executive Gary Dickerson said in a prepared statement.

Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries.

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The company's expected revenue in the current quarter to be 3.54 Billion, seeing a projected current quarter growth of 123.5%, and per annum growth estimates over the next 5 year period of around 23.01%. (AMAT) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Also, the number of active investment managers holding Applied Materials Inc in their top 10 stock positions decreased from 30 to 20 for a decrease of 10. The current consensus recommendation provided by covering analysts is 1.90. The stock closed its day at $383.67. Zacks Investment Research raised Applied Materials from a "hold" rating to a "buy" rating and set a $40.00 price target on the stock in a research report on Friday, February 17th. It's the most up-to-date valuation until trading begins again on the next day.

At the time of writing, the stock was trading at $12.62. The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day. The stock has a beta value of 1.69. The California-based Guinness Atkinson Asset Management Inc has invested 3.77% in the stock.

AMAT first paid dividend in 2005 and has increased their dividend for 0 straight years. The institutional ownership stake in the corporation is 86.90%. The stock's price is 43.91 and their relative strength index (RSI) stands at 64.21. The debt-to-equity ratio (D/E) was recorded at 0.19. The monthly stock performance comes in at 15.62%. This is a near-term estimation for the next 12-18 months. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Moreover, the stock is down -6.33% in one month through last close, to $4.73, showing a -2.88% return during the past three months. The mean EPS estimate is $2.71.

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