(NASDAQ:AMAT) showed a growth of 56 Percent per annum. Therefore 100% are positive.
Applied Materials, Inc. has a one year low of $34.58 and a one year high of $60.89. The stock price of AMAT is moving down from its 20 days moving average with -2.29% and isolated negatively from 50 days moving average with -1.48%.
Several analysts are forecasting growth estimate of Applied Materials, Inc. for the current quarter to be 46.3%. The firm has "Outperform" rating by Cowen & Co given on Friday, August 19. On Wednesday, April 6 the stock rating was maintained by Goldman Sachs with "Neutral". (NASDAQ:AMAT) has "Buy" rating given on Friday, August 18 by Stifel Nicolaus. Let's take a look at Applied Materials's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. (NASDAQ:AMAT) to report earnings on February, 21. The fund owned 6,387 shares of the manufacturing equipment provider's stock after buying an additional 1,817 shares during the quarter. The stock increased 4.86% or $2.41 during the last trading session, reaching $51.96. About 22.17M shares traded or 67.12% up from the average.
Applied Materials, Inc. (AMAT) analysts on average have given a price target of $68.5 on AMAT stock. It has outperformed by 41.94% the S&P500. A consensus recommendation for an individual stock compiles ratings from a number of analysts who track that stock. There are brokerage firms with lower targets than the average, including one setting a price target of $49. $26.24's average target is -18.00% below currents $32 stock price. The firm has "Buy" rating given on Wednesday, November 15 by Bank of America. The stock of Northbridge Industrial Services PLC (LON:NBI) earned "Buy" rating by Stockdale Securities on Thursday, February 9. The company was upgraded on Tuesday, June 28 by Susquehanna. North Tide Cap Ltd Liability Co accumulated 1.53M shares or 5.38% of the stock. The firm has "Outperform" rating given on Monday, February 13 by Cowen & Co.
Investors sentiment decreased to 1.04 in 2017 Q3. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. It worsened, as 68 investors sold BAC shares while 569 reduced holdings. Td Asset Management has 0.39% invested in Applied Materials, Inc. North Star Mgmt, a Illinois-based fund reported 173,483 shares.
The company's also doubling its dividend to $0.20, and boosting share repurchase authorization by $6B - incremental to $2.8B remaining under a previous authorization. 122.38 million shares or 7.67% more from 113.66 million shares in 2017Q2 were reported. Deutsche Fincl Bank Ag owns 16,346 shares for 0% of their portfolio.
TRADEMARK VIOLATION NOTICE: This news story was originally reported by registrarjournal.com and is owned by of registrarjournal.com. Natl Planning holds 0.04% or 4,052 shares in its portfolio. (NASDAQ:AMAT). Smithfield Tru has 8,792 shares. Campbell Co Invest Adviser Llc stated it has 3,987 shares or 0.17% of all its holdings. Bank Of Montreal Can stated it has 0% in Tenet Healthcare Corporation (NYSE:THC).
Meiji Yasuda Life Insur accumulated 15,530 shares.
Among 28 analysts covering Applied Materials Inc. (AMAT) stake by 14.46% reported in 2017Q3 SEC filing.
Maximum and minimum EPS estimate for the current quarter is projected at $1.01 and $0.94, respectively, according to 17 analysts. AMAT's profit will be $1.02B for 13.39 P/E if the $0.97 EPS becomes a reality. The institutional investor held 121,747 shares of the technology company at the end of 2017Q3, valued at $6.34 million, down from 129,764 at the end of the previous reported quarter.
The number of shares now owned by investors are 1.06 bln. It increased, as 40 investors sold AMAT shares while 325 reduced holdings. Wunderlich Capital Managemnt raised its stake in shares of Applied Materials by 2.9% in the second quarter. Creative Planning holds 122,733 shares or 0.03% of its portfolio. Bnp Paribas Asset Mngmt Holding holds 0.1% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) or 4,000 shares.
Applied Materials also doubled its quarterly dividend to 20 cents a share. (NASDAQ:AMAT). Richard Bernstein Ltd Liability Company holds 114,709 shares. Good news, investors! Applied Materials is still a bargain right now. (NASDAQ:AMAT). Wunderlich Managemnt holds 0.84% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 317,423 shares. Argyle Cap holds 119,341 shares or 1.83% of its portfolio. Signaturefd Ltd Liability Corporation holds 0.03% or 4,935 shares. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Systematic Fin Mngmt Limited Partnership holds 74,351 shares. About 2.48M shares traded. California State Teachers Retirement invested 0.21% in Applied Materials, Inc. (NASDAQ:AMAT) was sold by Karsner Alexander on Wednesday, August 23. It operates through three divisions: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. Insiders sold 312,716 shares of company stock worth $16,218,746 over the last quarter.
For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. The Semiconductor Systems segment develops, makes, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
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