According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $9.28 on company shares. Applied Materials had a return on equity of 28.09% and a net margin of 15.90%. The company had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.54 billion.
After settling last night at $95.83, ADSK stock is up 14% in electronic trading - on track to open the session well above its May 16 record high of $98.05. Over the last three months, the shares of the company have changed 25.17% and performed 49.19% over the last six months.
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Many analysts are providing their Estimated Earnings analysis for Applied Materials, Inc. and for the current quarter 20 analysts have projected that the stock could give an Average Earnings estimate of $0.76/share.More news: How the 2019 Rugby World Cup could play out
Several other equities research analysts have also weighed in on the company. The stock has dropped -15.41% from its peak and the consensus price target for the stock is $32.57 a share.
AMAT has been the topic of a number of other reports. Argus reaffirmed a "buy" rating and set a $43.00 target price (up previously from $34.00) on shares of Applied Materials in a research note on Wednesday, February 22nd. (NASDAQ:AMAT) shares with value of $182,800 were sold by Forrest Stephen R. Nalamasu Omkaram also sold $544,806 worth of Applied Materials, Inc. Finally, Zacks Investment Research downgraded Applied Materials from a "buy" rating to a "hold" rating in a research report on Wednesday, January 25th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. (AMAT). A frequently used tool among technical stock analysts is the moving average.
The biggest institutional shareholders in Applied Materials, Inc. include Vanguard Group Inc which owns 71 million shares in the company valued at $2.29 B million. Beta can be useful to gauge stock price volatility in relation to the broader market. The firm has a 50-day moving average price of $40.59 and a 200-day moving average price of $35.57.
Competition is heating up between the leading chip makers, and that means retooling and better, more advanced production equipment ... music to the ears of Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Panagora Asset Mgmt Inc has 0.42% invested in Applied Materials, Inc. Company stock is -7.13% away from its one year high and is moving 366.33% ahead of its one year low. This represents an increase of approximately 555% compared to the average daily volume of 3,043 put options. The stock now has Monthly Volatility of 1.76% and Weekly Volatility of 2.46%. For the last quarter, the stock has performed 20.83%. Pinnacle Bank acquired a new position in Applied Materials during the first quarter worth about $113,000. Analysts are expecting EPS growth rates to be at 37.30% this quarter and EPS estimate for next year reflect a 6.43% growth rate. The stock's Dividend Yield stands at 0.91%. The ex-dividend date of this dividend is Tuesday, May 23rd. On a non-GAAP adjusted basis, gross margin grew 3.6 points to 46.3 percent, operating margin raised by 8.6 points to 27.8 percent, and EPS grew 132 percent to $0.79. Applied Materials's dividend payout ratio is now 25.64%.