The stock of Applied Materials Inc (NASDAQ: AMAT) has decreased by -0.46 when compared to last closing price of 171.65. Despite this, the company has experienced a 0.47% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-08 that In the most recent trading session, Applied Materials (AMAT) closed at $176.99, indicating a -0.47% shift from the previous trading day.
Is It Worth Investing in Applied Materials Inc (NASDAQ: AMAT) Right Now?
Applied Materials Inc (NASDAQ: AMAT) has a higher price-to-earnings ratio of 19.85x compared to its average ratio. AMAT has 36-month beta value of 1.51. Analysts have mixed views on the stock, with 19 analysts rating it as a “buy,” 6 as “overweight,” 12 as “hold,” and 1 as “sell.”
The public float for AMAT is 810.95M, and currently, short sellers hold a 2.28% ratio of that float. The average trading volume of AMAT on January 14, 2025 was 6.78M shares.
AMAT’s Market Performance
The stock of Applied Materials Inc (AMAT) has seen a 0.47% increase in the past week, with a 1.60% rise in the past month, and a -16.23% fall in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 2.43% for AMAT. The simple moving average for the past 20 days is 1.28% for AMAT’s stock, with a -14.30% simple moving average for the past 200 days.
Analysts’ Opinion of AMAT
Morgan Stanley, on the other hand, stated in their research note that they expect to see AMAT reach a price target of $164, previously predicting the price at $179. The rating they have provided for AMAT stocks is “Underweight” according to the report published on December 05th, 2024.
TD Cowen gave a rating of “Buy” to AMAT, setting the target price at $230 in the report published on November 15th of the previous year.
AMAT Trading at -2.23% from the 50-Day Moving Average
After a stumble in the market that brought AMAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.23% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -0.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.13% lower at present.
During the last 5 trading sessions, AMAT rose by +0.47%, which changed the moving average for the period of 200-days by -17.33% in comparison to the 20-day moving average, which settled at $168.69. In addition, Applied Materials Inc saw 5.06% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMAT starting from Iannotti Thomas J, who sale 9,827 shares at the price of $236.65 back on Jun 21 ’24. After this action, Iannotti Thomas J now owns 49,185 shares of Applied Materials Inc, valued at $2,325,560 using the latest closing price.
Raja Prabu G., the President, Semi. Products Grp. of Applied Materials Inc, sale 50,000 shares at $249.17 during a trade that took place back on Jun 18 ’24, which means that Raja Prabu G. is holding 458,417 shares at $12,458,500 based on the most recent closing price.
Stock Fundamentals for AMAT
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.47 for the gross margin
The net margin for Applied Materials Inc stands at 0.26. The total capital return value is set at 0.3. Equity return is now at value 40.61, with 22.04 for asset returns.
Based on Applied Materials Inc (AMAT), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 1.39. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 31.85.
Currently, EBITDA for the company is 8.26 billion with net debt to EBITDA at -0.21. When we switch over and look at the enterprise to sales, we see a ratio of 5.05. The receivables turnover for the company is 5.19for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
To put it simply, Applied Materials Inc (AMAT) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
