Investors’ Patience Is Being Tested Right Now By Applied Materials Inc. (NASDAQ: AMAT)

After Hours

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. Yahoo Finance discussed the stock recently as it posted Applied Materials to Participate in the Morgan Stanley Technology, Media & Telecom Conference.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Applied Materials Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductor Equipment & Materials industry. At the end of the last regular session, the stock closed at $189.14 and fluctuated between $195.86 as its day high and $186.12 as its day low. The current market capitalization of Applied Materials Inc. is $157.38B. A total of 10.98 million shares were traded on the day, compared to an average of 6.25M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. 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

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Applied Materials Inc. pays an annual dividend of $1.22, resulting in a dividend yield of 0.65%, and it has a price to earnings (P/E) ratio of 22.25. 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for AMAT in the last 3 months, the mean price target is $213.94 with high estimates of $250.00 and low estimates of $160.00. In terms of 52-week highs and lows, AMAT has a high of $206.77 and a low of $109.00.

As of this writing, AMAT has an earnings estimate of $TMAT per share for the current quarter. EPS was calculated based on a consensus of Applied Materials, Inc. estimates, with a high estimate of $American Tower Corporation (REI per share and a lower estimate of $Meta Materials Inc.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.17.

Most Popular

Related Posts