The share price of the stock plunged -11.48% for the year. It has been suggested as “Buy Opinions” from 8 and 0 issued “Sell Thoughts” for the stock.
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The consensus EPS estimate that analysts have on Applied Materials, Inc. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Applied Materials now has a consensus rating of “Buy” and a consensus price target of $30.11. (NASDAQ:AMAT)’s mean EPS for the year 2017 is $0.62 but with a high anticipation of $0.585 being the median EPS. On Sep 2, 2016 the shares registered one year high at $30.41 and the one year low of $14.29 was seen on Sep 24, 2015. (NASDAQ:AMAT) Semiconductor Equipment & Materials on its PE ratio displays a value of 22.99 with a Forward PE of 12.98.
In Oracle Corporation (NYSE:ORCL) latest quarter ended on 31 May 2016, company announced earnings of $0.81.
Sales Estimates: Wall Street Analysts are estimating average sales of $2,838.89M for current quarter (Quarter Ending Jul-16). The company’s revenue was up 13.3% compared to the same quarter previous year. During the same period past year, the firm earned $0.33 earnings per share.
A current consensus EPS estimate for next quarter is at $0.58 and 3 month ago EPS forecast was $0.43. It has a dividend yield of 1.36%. They now have a United States dollars 35 price target on the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. They now have a United States dollars 32.5 price target on the stock. The Company expected to announce next earnings approximately $0.48 per share. The disclosure for this sale can be found here. Meanwhile, SVP, Controller MACNAMARA BRIAN G sold 5,000 shares worth $91000.05, through a transaction dated 2016-08-10.
Present Consensus Recommendation for APPLIED MATERIALS, INC.
While looking at the Stock’s Performance, Applied Materials, Inc. now shows a Weekly Performance of -1.6%, where Monthly Performance is 7.5%, Quarterly performance is 24.6%, 6 Months performance is 47.93% and yearly performance percentage is 88.38%. FMR LLC boosted its stake in shares of Applied Materials by 65.3% in the second quarter.
Recently analysts working for numerous investment brokerages have updated their research report ratings and price targets on shares of Applied Materials, Inc. The shorts in the stock have gone up by 1,631,045 shares, which is an increase of 14.5% over the previous reading. Applied Materials, Inc. got Upgrade on 28-Jun-16 where investment firm Susquehanna Upgrade the stock from Negative to Neutral. TIAA CREF Investment Management LLC now owns 12,799,098 shares of the manufacturing equipment provider’s stock valued at $306,794,000 after buying an additional 1,850,984 shares during the period.
04/18/2016 – Applied Materials, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank.
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Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the semiconductor, display, solar photovoltaic (PV) and related industries across the world. (AMAT): operates through four segments: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions.
