Saturday, 15 December, 2018

Applied Materials, Inc. (AMAT) Earnings, Forecast Top Estimates; Dividend, Buyback Raised

Applied Materials, Inc. (AMAT) Earnings, Forecast Top Estimates; Dividend, Buyback Raised Applied Materials, Inc. (AMAT) Earnings, Forecast Top Estimates; Dividend, Buyback Raised
Nellie Chapman | 24 February, 2018, 14:39

The company P/E (price to earnings) ratio is 15.63 and Forward P/E ratio is 11.26. The company has market cap of $54.98 billion. 2,827,001 shares of the stock traded hands. It has underperformed by 7.26% the S&P500.

On 11/24/2017 Stephen R. Forrest, Director, sold 5,000 with an average share price of $58.00 per share and the total transaction amounting to $290,000.00. Benjamin F Edwards & Company Inc who had been investing in Applied Matls Inc for a number of months, seems to be bullish on the $55.08B market cap company. The stock increased 0.10% or $0.05 during the last trading session, reaching $49.55. About 1.52 million shares traded. After the giving short look at one day return of Applied Materials, is observed that AMAT reported rise return of 4.86% in last trading session. It has outperformed by 639.83% the S&P500. The institutional investor held 15,317 shares of the consumer services company at the end of 2017Q3, valued at $2.21M, down from 29,938 at the end of the previous reported quarter. Millennium Mngmt Ltd Co invested in 0.08% or 762,537 shares. Its up 0.14, from 1.29 in 2017Q2.

Several other institutional investors have also recently modified their holdings of AMAT. 79 funds opened positions while 214 raised stakes. 273,121 are held by Charter. Egerton (Uk) Limited Liability Partnership has invested 7.88% in Applied Materials, Inc. Gam Holdg Ag has 2,400 shares for 0.01% of their portfolio. Kbc Nv accumulated 582,639 shares. (NASDAQ:EXPE). Elk Creek Ltd Liability Company stated it has 0.02% in Expedia, Inc. Nomura Holding Inc reported 0.13% stake. 53,466 Applied Materials, Inc. (NASDAQ:EXPE). Da Davidson invested 0.23% in Expedia, Inc. The rating was maintained by Scotia Capital on Tuesday, August 4 with "Outperform". (NYSE:PFE) for 46.19 million shares. Madison Inv reported 235,351 shares or 0.27% of all its holdings. Kentucky Retirement Sys Ins Fund accumulated 11,068 shares. (NASDAQ:AMAT). Virtu Fincl Ltd holds 44,913 shares or 0% of its portfolio. The Ohio-based Boyd Watterson Asset Mgmt Limited Company Oh has invested 1.33% in Pfizer Inc. 0 analysts gave its stock an Outperform rating. Therefore 100% are positive. As per Friday, August 19, the company rating was maintained by RBC Capital Markets. Cowen & Co maintained the stock with "Buy" rating in Thursday, August 10 report. (NASDAQ:PEP) earned "Hold" rating by Stifel Nicolaus on Thursday, October 12. He reiterated his buy rating and upped his price target to 77 from 71. Goldman Sachs reinitiated the shares of GIL in report on Friday, December 8 with "Buy" rating. (NASDAQ:PEP) has "Buy" rating given on Monday, September 18 by Jefferies. The firm has "Overweight" rating by Pacific Crest given on Thursday, October 20. As per Wednesday, May 25, the company rating was upgraded by Citigroup. 125,125 shares were sold by Salehpour Ali, worth $6.44M. READ IAN C sold $6.70 million worth of stock. (NYSE:PFE) was sold by SUSMAN SALLY.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. (NASDAQ:AMAT). Zweig stated it has 10,100 shares. 123 funds opened positions while 263 raised stakes. The stock ended last trade at 49.55 a share and the price is up more than -3.07% so far this year. 4,725 were accumulated by Cetera Advsrs Limited Liability Com. The fund owned 10,581 shares of the manufacturing equipment provider's stock after selling 6,719 shares during the period. Applied Materials offers a diverse array of flexible service solutions to increase equipment uptime and factory efficiency, enabling fabs to focus on chip production, while lowering cost per wafer.

Applied Materials' new corporate signage photo in Santa Clara, California, shown in this image released on August 22, 2016. (NASDAQ:AMAT) for 2,405 shares. Wells Fargo & Co Mn holds 4.44M shares or 0.07% of its portfolio. The company has market cap of $129.30 million. The share price was last seen 4.86% higher, reaching at $51.96 on 02/14/2018.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide.

Applied Materials, Inc.'s insider ownership stands at 0.5 percent, while its insider transaction is -4.32 percent. (AMAT), Week Volatility is 4.85%, whereas Month Volatility is at 3.78%. Ledyard Bancorp holds 52,675 shares.

Equities analysts forecast that Applied Materials, Inc. will post $3.21 EPS for the current year. (NASDAQ:AMAT). Bowling Portfolio Ltd Liability reported 80,285 shares stake. According to their observations and findings, the stock could provide a high EPS of $1.11/share and a low EPS of $0.95/share. AMAT's profit will be $1.02B for 13.10 P/E if the $0.97 EPS becomes a reality.

Since August 23, 2017, it had 0 buys, and 5 insider sales for $12.03 million activity. Moreover, Virtus Invest Advisers has 0.07% invested in Expedia, Inc. 22,762 shares were sold by Karsner Alexander, worth $1.00M on Wednesday, August 23.

Is Applied Materials still cheap? (NASDAQ:AMAT) has "Buy" rating given on Monday, August 17 by Argus Research.

Analyst's ratings determines the future of any company.