In the last trading session, 3.73 million Applied Materials Inc. (NASDAQ:AMAT) shares changed hands as the company’s beta touched 1.57. With the company’s per share price at $209.48 changed hands at $3.8 or 1.85% during last session, the market valuation stood at $174.06B. AMAT’s last price was a discount, traded about -2.59% off its 52-week high of $214.91. The share price had its 52-week low at $109.00, which suggests the last value was 47.97% up since then. When we look at Applied Materials Inc.’s average trading volume, we note the 3-month average coming to 6.27 million.
Applied Materials Inc. (NASDAQ:AMAT) trade information
Instantly AMAT was in green as seen at the end of in last trading. With action -0.44%, the performance over the past five days has been red. The jump to weekly highs of 214.46 added 1.85% to the stock’s daily price. The company’s shares are showing year-to-date upside of 29.25%, with the 5-day performance at -0.44% in the red. However, in the 30-day time frame, Applied Materials Inc. (NASDAQ:AMAT) is 5.45% up.
Applied Materials Inc. (AMAT) estimates and forecasts
Data shows that the Applied Materials Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 48.42% over the past 6 months, a -0.12% in annual growth rate that is considerably higher than the industry average of -13.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.34%. The 2024 estimates are for Applied Materials Inc. earnings to increase by 2.49%, but the outlook for the next 5-year period is at 14.25% per year.
AMAT Dividends
Applied Materials Inc. is expected to release its next quarterly earnings report on May 16. The 0.61% annual yield figure for the share gives it an annual dividend of 1.28. It is important to note, however, that the 0.61% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
