Unveiling Insights on Applied Materials – Analyst Perspectives

By Susan Ramirez • Wednesday, October 16 15:13 • Permanent Link

Large-cap Technology company Applied Materials has moved -3.4% so far today on a volume of 7,911,514, compared to its average of 6,904,790. In contrast, the S&P 500 index moved 0.0%.

Applied Materials trades -20.33% away from its average analyst target price of $231.63 per share. The 29 analysts following the stock have set target prices ranging from $185.0 to $280.0, and on average have given Applied Materials a rating of buy.

Anyone interested in buying AMAT should be aware of the facts below:

Applied Materials's current price is 210.6% above its Graham number of $59.42, which implies that at its current valuation it does not offer a margin of safety
Applied Materials has moved 35.0% over the last year, and the S&P 500 logged a change of 34.8%
Based on its trailing earnings per share of 8.9, Applied Materials has a trailing 12 month Price to Earnings (P/E) ratio of 20.7 while the S&P 500 average is 29.3
AMAT has a forward P/E ratio of 19.0 based on its forward 12 month price to earnings (EPS) of $9.69 per share
The company has a price to earnings growth (PEG) ratio of 1.71 — a number near or below 1 signifying that Applied Materials is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 8.07 compared to its sector average of 3.91
Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.
Based in Santa Clara, the company has 35,200 full time employees and a market cap of $152.18 Billion. Applied Materials currently returns an annual dividend yield of 0.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.