Applied Materials, Inc. (AMAT): Financial Health and Analyst Ratings

Marco Green
November 14, 2017

Applied Materials Inc. had 97 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Craig Hallum with "Buy" on Monday, September 18. The firm has "Buy" rating given on Tuesday, April 11 by Bernstein. The count of Hold ratings in that period was 4. As per Friday, October 27, the company rating was maintained by Cowen & Co. Vetr has "Buy" rating and $40.52 target. The firm has "Buy" rating given on Friday, November 10 by RBC Capital Markets. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Lsv Asset Management reports that it lowered its position in Applied Materials stock by 227,450 shares in the last quarter. (AMAT)'s stock rose 23.58%. RMB Capital Management LLC now owns 6,280 shares of the manufacturing equipment provider's stock valued at $244,000 after purchasing an additional 60 shares in the last quarter.

Amid the topmost stocks in today's market is Applied Materials, Inc. The firm has a market capitalization of $60,820.00, a price-to-earnings ratio of 18.91, a price-to-earnings-growth ratio of 0.90 and a beta of 1.85. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 14, 2016 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment increased to 0.94 in Q2 2017. Patten & Patten Incorporated Tn reported 6,300 shares or 0.03% of all its holdings. Bankshares Of The Ozarks holds 0.7% or 47,179 shares in its portfolio. Spears Abacus Advisors Limited Co holds 0.05% or 9,027 shares. The Missouri-based Stifel Fin has invested 0% in Foot Locker, Inc. Dnb Asset As has invested 0% in Foot Locker, Inc. (NYSE:FL). Lpl Ltd Liability Com holds 0% or 19,457 shares. Janney Montgomery Scott Limited owns 97,272 shares or 0.05% of their U.S. portfolio. Corporate insiders own 0.31% of the company's stock. Kbc Grp Inc Nv reported 57,779 shares stake. The manufacturing equipment provider reported $0.86 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.84 by $0.02. AMAT's profit will be $959.83M for 15.67 P/E if the $0.90 EPS becomes a reality.

What Does Wall Street Say about Company? About 18,971 shares traded. It has underperformed by 17.65% the S&P500. Shares for $332,640 were sold by GILBERT JAROBIN JR on Wednesday, May 24. The Firm owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks. It has a 6.84 P/E ratio.

Since June 1, 2017, it had 0 insider buys, and 1 sale for $230,750 activity. The shares were sold at an average price of $44.03, for a total value of $1,002,210.86. Applied Materials, Inc. (AMAT) has an operating margin of 25.60%. At the moment, the average analyst rating for AMAT is Moderate Buy. Therefore 96% are positive.

On September 30 Evercore ISI left the stock rating at "Outperform" projecting a price of $65.00. UBS has "Buy" rating and $78.0 target. The company was maintained on Thursday, August 11 by B. Riley & Co. The current P/B amount of Applied Materials, Inc. best indicates the value approach in differentiating good from the bad. UBS has "Buy" rating and $5200 target.

On October 12 Citigroup held the company rating at "Buy" targeting a price of $58.00. Egerton Capital UK LLP boosted its position in shares of Applied Materials by 23.2% in the third quarter. (NASDAQ:AMAT) was sold by Forrest Stephen R on Thursday, June 1. It has been assigned a low target price of $35 and a high target price of $76. As per Monday, July 10, the company rating was maintained by DA Davidson.

Applied Materials, Inc. (AMAT) opened the session with a $55.65 price tag, later ranging from $55.31 to $56.51, the range at which the stock has traded at throughout the day.

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.33, from 1.15 in 2017Q1. It fall, as 48 investors sold AMAT shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. 115.75 million shares or 1.84% less from 117.92 million shares in 2017Q1 were reported. Blair William And Il invested in 52,763 shares. National Pension Service, Korea-based fund reported 923,224 shares. Moreover, Stanley has 0.15% invested in Applied Materials, Inc. (NASDAQ:AMAT). Virginia-based Yorktown Management & Rech Comm has invested 0.08% in Applied Materials, Inc. Applied Materials, Inc. The company has a current ratio of 2.91, a quick ratio of 2.25 and a debt-to-equity ratio of 0.61. Renaissance Group Lc accumulated 900,654 shares or 1.37% of the stock. Windsor Capital Management Lc holds 0.14% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) implies that investors are highly hopeful for the organization to create more value from the given set of assets. Advantus Management holds 108,436 shares or 0.12% of its portfolio. Winfield Associate Inc owns 13,220 shares for 0.3% of their portfolio. Adirondack Trust Co. grew its stake in Applied Materials by 1.1% in the second quarter.

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