Applied Materials Inc. (NASDAQ:AMAT)’s traded shares stood at 0.99 million during the latest session, with the company’s beta value hitting 1.58. At the last check today, the stock’s price was $192.47, to imply a decrease of -0.95% or -$1.85 in intraday trading. The AMAT share’s 52-week high remains $214.91, putting it -11.66% down since that peak but still an impressive 43.31% since price per share fell to its 52-week low of $109.12. The company has a valuation of $159.92B, with an average of 6.19 million shares over the past 3 months.
Applied Materials Inc. (NASDAQ:AMAT) trade information
After registering a -0.95% downside in the latest session, Applied Materials Inc. (AMAT) has traded red over the past five days. The stock hit a weekly high of 214.46, dropping -0.95% in its intraday price action. The 5-day price performance for the stock is -7.40%, and -6.14% over 30 days. With these gigs, the year-to-date price performance is 18.76%.
Applied Materials Inc. (AMAT) estimates and forecasts
Looking at statistics comparing Applied Materials Inc. share performance against respective industry, we note that the company has outperformed competitors. Applied Materials Inc. (AMAT) shares are 36.07% up over the last 6 months, with its year-to-date growth rate higher than industry average at -0.12% against -13.20%. Revenue is forecast to grow 11.80% this quarter before jumping 8.80% for the next one. The rating firms project that company’s revenue will grow 0.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 24 analysts is $6.54 billion. Meanwhile, for the quarter ending Jul 2024, a total of 24 analyst(s) estimate revenue growth to $6.57 billion.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 22.34% for the past 5-year period. While 2024 is set for a 2.47% return in earnings, projections for the next 5 years are at 14.25% annually.
AMAT Dividends
Applied Materials Inc. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Applied Materials Inc. has a forward dividend ratio of 1.28, with the share yield ticking at 0.67% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
