Shares of Technology sector company Applied Materials moved 1.0% today, and are now trading at a price of $149.48. The large-cap stock's daily volume was 3,167,068 compared to its average volume of 5,672,796. The S&P 500 index returned a -0.0% performance.
Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company is based in Santa Clara and has 34,300 full time employees. Its market capitalization is $125,045,104,640. Applied Materials currently offers its equity investors a dividend that yields 0.8% per year.
29 analysts are following Applied Materials and have set target prices ranging from $120.0 to $185.0 per share. On average, they have given the company a rating of buy. At today's prices, AMAT is trading -7.02% away from its average analyst target price of $160.76 per share.
Over the last year, AMAT's share price has increased by 37.0%, which represents a difference of 25.0% when compared to the S&P 500. The stock's 52 week high is $157.76 per share whereas its 52 week low is $93.68. With average free cash flows of $4.29 Billion that have been growing at an average rate of 14.1% over the last 6 years, Applied Materials is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 8,002,000 | 1,020,000 | 6,982,000 | 51.39 |
| 2022 | 5,399,000 | 787,000 | 4,612,000 | -3.39 |
| 2021 | 5,442,000 | 668,000 | 4,774,000 | 41.16 |
| 2020 | 3,804,000 | 422,000 | 3,382,000 | 20.53 |
| 2019 | 3,247,000 | 441,000 | 2,806,000 | -11.34 |
| 2018 | 3,787,000 | 622,000 | 3,165,000 |
