Applied Materials Inc (AMAT): What Makes The Stock Attractive?

Applied Materials Inc (NASDAQ:AMAT) has a beta value of 1.71 and has seen 1.55 million shares traded in the recent trading session. The company, currently valued at $141.06B, closed the recent trade at $173.62 per share which meant it gained $0.59 on the day or 0.34% during that session. The AMAT stock price is -47.39% off its 52-week high price of $255.89 and 28.73% above the 52-week low of $123.74.

The consensus among analysts is that Applied Materials Inc (AMAT) is Buy stock at the moment, with a recommendation rating of 1.78. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 25 have rated it as a Hold, with 19 advising it as a Buy. 0 have rated the stock as Underweight.

Applied Materials Inc (NASDAQ:AMAT) trade information

Sporting 0.34% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AMAT stock price touched $173.62 or saw a rise of 0.95%. Year-to-date, Applied Materials Inc shares have moved 6.76%, while the 5-day performance has seen it change 11.43%. Over the past 30 days, the shares of Applied Materials Inc (NASDAQ:AMAT) have changed 20.13%.

Wall Street analysts have a consensus price target for the stock at $227.5, which means that the shares’ value could jump 23.68% from the levels at last check today.. The projected low price target is $165.0 while the price target rests at a high of $250.0. In that case, then, we find that the latest price level in today’s session is -43.99% off the targeted high while a plunge would see the stock lose 4.96% from the levels at last check today..

Applied Materials Inc (AMAT) estimates and forecasts

The company’s shares have lost -9.59% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 24.62% over the past 5 years. Earnings growth for 2025 is a modest 7.98% while over the next 5 years, the company’s earnings are expected to increase by 8.14%.

AMAT Dividends

Applied Materials Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.60 at a share yield of 0.92%. The company’s dividend yield has gone up over the past 12 months.

Applied Materials Inc (NASDAQ:AMAT)’s Major holders

The top two institutional holders are BLACKROCK INC. with over 79.11 million shares worth more than $18.67 billion. As of 2024-06-30, BLACKROCK INC. held 9.5775% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 76.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $17.96 billion and represent 9.2157% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.18% shares in the company for having 25.82 shares of worth $4.48 billion while later fund manager owns 22.32 shares of worth $3.87 billion as of Dec 31, 2024 , which makes it owner of about 2.75% of company’s outstanding stock.