After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Applied Materials Collaborating with Google to Advance Next-Generation AR Computing Platforms.
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Stocks Info
This NASDAQ-listed company operates within the Semiconductor Equipment & Materials industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $168.30 and fluctuated between $171.90 as its day high and $167.64 as its day low. The current market capitalization of Applied Materials Inc. is $139.87B. A total of 6.92 million shares were traded on the day, compared to an average of 5.70M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AMAT has seen 16 BUY and 9 SELL insider trades, representing the acquisition of 480,779 and the disposition of 245,776 shares. Over the last 12 months, there were 25 BUYs and 19 SELLs from insiders. Insiders purchased 499,229 shares during that period but sold 331,882.
In the most recent transaction, Nalamasu Omkaram sold 23,228 shares of AMAT for 162.45 per share on Dec 22. After the transaction, the Senior Vice President, CTO now owns 190,972 company shares. In a previous transaction on Aug 30, Hill Brice sold 1,000 shares at 150.04 per share. AMAT shares that SVP, CFO owns now total 106,023.
Among the insiders who sold shares, Little Teri A. disposed of 10,000 shares on Jul 07 at a per-share price of $142.00. This resulted in the SVP, CLO holding 69,504 shares of AMAT after the transaction. In another insider transaction, Deane Timothy M sold 7,500 shares at $137.30 per share on Jun 09. Company shares held by the GVP, Applied Global Services now total 100,759.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Applied Materials Inc. pays an annual dividend of $1.23, resulting in a dividend yield of 0.73%, and it has a price to earnings (P/E) ratio of 20.75. AMAT’s most recent ex-dividend date was 2/21/2024 when it declared a $0.32 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/22/2023. The AMAT stock dividend was $0.32 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AMAT in the last 3 months, the mean price target is $172.13 with high estimates of $215.00 and low estimates of $138.00. In terms of 52-week highs and lows, AMAT has a high of $168.28 and a low of $106.49.
As of this writing, AMAT has an earnings estimate of $1.91 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $1.98 per share and a lower estimate of $1.87. The company reported an EPS of $1.81 in the last quarter, which was 9.70% higher than expectations of $1.65.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AMAT’s latest balance sheet shows that the firm has $5.46B in Cash & Short Term Investments as of fiscal 2021. There were $5.75B in debt and $6.34B in liabilities at the time. Its Book Value Per Share was $19.63, while its Total Shareholder’s Equity was $12.25B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMAT is Buy with a score of 4.19.
