Applied Materials Inc (NASDAQ:AMAT) has a beta value of 1.67 and has seen 7.25 million shares traded in the last trading session. The company, currently valued at $144.59B, closed the last trade at $180.18 per share which meant it gained $8.22 on the day or 4.78% during that session. The AMAT stock price is -42.02% off its 52-week high price of $255.89 and 31.32% above the 52-week low of $123.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.24 million shares traded. The 3-month trading volume is 7.98 million shares.
The consensus among analysts is that Applied Materials Inc (AMAT) is Buy stock at the moment, with a recommendation rating of 1.72. 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 4.78% in the green in last session, 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 $180.18 or saw a rise of 0.19%. Year-to-date, Applied Materials Inc shares have moved -24.92%, while the 5-day performance has seen it change 2.06%. Over the past 30 days, the shares of Applied Materials Inc (NASDAQ:AMAT) have changed 12.25%. Short interest in the company has seen 16.65 million shares shorted with days to cover at 2.19.
Wall Street analysts have a consensus price target for the stock at $180, which means that the shares’ value could drop -0.1% from current levels. The projected low price target is $162.0 while the price target rests at a high of $200.0. In that case, then, we find that the current price level is -11.0% off the targeted high while a plunge would see the stock lose 10.09% from current levels.
Applied Materials Inc (AMAT) estimates and forecasts
The company’s shares have gained 8.90% 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 9.86% while over the next 5 years, the company’s earnings are expected to increase by 8.62%.
AMAT Dividends
Applied Materials Inc is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.66 at a share yield of 0.92%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.87%.
Applied Materials Inc (NASDAQ:AMAT)’s Major holders
Insiders own 0.27% of the company shares, while shares held by institutions stand at 83.47% with a share float percentage of 83.70%. Investors are also buoyed by the number of investors in a company, with Applied Materials Inc having a total of 2951.0 institutions that hold shares in the company. 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.
