Applied Materials Inc. [AMAT] has traded in a range of $36.64 to $69.90 in the last 1 year. As of this writing, the stock is at $63.51, down -0.73%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, AMAT shares are 1.45% up with the monthly amount drift of 12.47% and seems well in a long time frame.

On 9, September 2020, Applied Materials Welcomes Technical Advisory Board. According to news published on Yahoo Finance, Nobel laureates, academic and industry luminaries bring unique perspectives on the future of technology.

Analyst Birdseye View:

The most recent analyst activity for Applied Materials Inc. [NASDAQ:AMAT] stock was on August 14, 2020, when it was Reiterated with a Buy rating from B. Riley FBR, which also raised its 12-month price target on the stock from $72 to $82. Before that, on August 14, 2020, Cowen Recapitulated an Outperform rating and elevated its amount target to $82. On June 16, 2020, Morgan Stanley Reiterated an Equal-weight rating and boosted its price target on this stock from $52.50 to $60. On May 26, 2020, Barclays Initiated an Equal weight rating and increased its price target to $60. On May 15, 2020, B. Riley FBR Upgrade a Buy rating and increased its price target to $72. On May 15, 2020, Needham Reiterated a Buy rating and boosted its amount target on this stock to $70. On May 11, 2020, B. Riley FBR Reiterated a Neutral rating and boosted its target amount on this stock from $53 to $56. DA Davidson elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $36.64 and a peak of $69.90. Right now, according to Wall Street analyst the average 12-month amount target is $77.22. At the most recent market close, shares of Applied Materials Inc. [NASDAQ:AMAT] were valued at $63.51. According to the average price forecast, investors can expect a potential return of 5.05%.

FUNDAMENTAL ANALYSIS

Applied Materials Inc. [NASDAQ:AMAT] most recently reported quarterly sales of 4.39 billion, which represented growth of 23.40%. This publicly-traded organization’s revenue is $664,000 per employee, while its income is $123,000 per employee. This company’s Gross Margin is currently 44.20%, its Operating Margin is 24.30%, its Pretax Margin is +22.38, and its Net Margin is +18.52. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 14.70, 35.95, 26.10 and 21.58 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 39.28 and the whole liability to whole assets at 27.91. It shows enduring liability to the whole principal at 34.84 and enduring liability to assets at 0.25 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 62.46 points at 1st support level, the second support level is making up to 61.41. But as of 1st resistance point, this stock is sitting at 64.12 and at 64.74 for 2nd resistance point.

Applied Materials Inc. [AMAT] reported its earnings at $1.06 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.95/share signifying the difference of 0.11 and 11.60% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were $0.89 calling estimates for $0.94/share with the difference of -0.05 depicting the surprise of -5.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Applied Materials Inc. [NASDAQ:AMAT] is 2.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.81. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.60, it’s amount to book ratio is 6.21 and showing 18.45 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Karsner Alexander, Director, and it was the sale of 3467.0 shares on Jun 22. Karsner Alexander, the Director, completed a sale of 20027.0 shares on Jun 18. On Feb 14, Forrest Stephen R, Director, completed a sale of 2000.0 shares.