Applied Materials Inc (NASDAQ:AMAT) Institutional Investors Quarterly Sentiment

Applied Materials blew out analyst expectations for the 6th consecutive quarter now, revenue and EPS for the quarter was higher than expected.

Applied Materials (NASDAQ:AMAT) pays an annual dividend of 4 Hold Ratings, 18 Buy Ratings with a yield of 0.94%. Its last month's stock price volatility remained 5.76% which for the week approaches 4.74%. Analysts set a 12-month price target of $29.53 a share. Reilly Financial Advisors LLC boosted its position in Applied Materials by 78.0% in the first quarter. During the same quarter past year, the business posted $0.26 earnings per share. Norges Bank acquired a new position in Applied Materials during the fourth quarter valued at about $306,251,000. AQR Capital Management LLC raised its position in Applied Materials by 24.2% in the fourth quarter. Firm weekly performance is -2.50% while year to date (YTD) performance is -11.52%.

The company generated $898 million in cash from operations and returned $390 million to shareholders through stock repurchases and cash dividends. Applied Materials has a one year low of $19.52 and a one year high of $44.42.

Applied Material's stock has more than doubled in the past year due to explosive growth and favorable industry conditions. AMAT shares up 3% to $45.17 after-hours, and up 36% YTD through the close of the regular session. The firm has a market cap of $47.42 billion, a price-to-earnings ratio of 22.59 and a beta of 1.81. The stock has a 50 day moving average of $40.59 and a 200 day moving average of $35.57.

In terms of earnings per share, 19 analysts have a 0.76 EPS mean target for the quarter ending Apr-17, for the quarter ending Jul-17, 20 analysts have a 0.69 EPS mean target and for the quarter ending Jul-17 there are 20 estimates of 2.71 EPS. That value represents a market adjusting for revenues that have been growing by 45.24 % on a quarterly year/year basis as of the company's last quarterly report. During the same period in the previous year, the business posted $0.34 EPS.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Applied Materials, Inc.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Applied Materials's payout ratio is 25.64%. Sheets Smith Wealth Management has invested 0.37% in Applied Materials, Inc. "(AMAT)" was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another publication, it was illegally copied and republished in violation of USA & worldwide trademark and copyright laws. The legal version of this report can be accessed at According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $9.28 on company shares. The stock's average target of $28.41 is -33.56% below today's ($42.76) share price. Finally, Zacks Investment Research lowered shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Wednesday, January 25th. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (NASDAQ:HDP). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. Company net profit margin stands at -4.30% whereas its Gross Margin is 83.60%.

  • Zachary Reyes