In Friday’s Wall Street session, Applied Materials Inc (NASDAQ:AMAT) shares traded at $126.95, down -6.32% from the previous session.
AMAT stock price is now -21.90% away from the 50-day moving average and -31.86% away from the 200-day moving average. The market capitalization of the company currently stands at $103.14B.
With the price target maintained at $195, Jefferies recently Upgraded its rating from Hold to Buy for Applied Materials Inc (NASDAQ: AMAT)., while ‘KeyBanc Capital Markets’ rates the stock as ‘Overweight’
In other news, Sanders Adam, Corp. Controller & CAO sold 450 shares of the company’s stock on Apr 01 ’25. The stock was sold for $65,174 at an average price of $144.83. Upon completion of the transaction, the Corp. Controller & CAO now directly owns 6,077 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 24 ’25, Corp. Controller & CAO Sanders Adam sold 271 shares of the business’s stock. A total of $46,808 was realized by selling the stock at an average price of $172.72. This leaves the insider owning 6,479 shares of the company worth $0.82 million. A total of 0.26% of the company’s stock is owned by insiders.
During the past 12 months, Applied Materials Inc has had a low of $135.40 and a high of $255.89. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 2.68, and a quick ratio of 1.96. According to the stock market information, the enterprise value for the company is $101514362880, which is based on a 16.61 price-to-earnings ratio, a 2.06 price-to-earnings-growth ratio, and a beta of 1.71. The fifty day moving average price for AMAT is $162.5414 and a two-hundred day moving average price translates $186.29565 for the stock.
The latest earnings results from Applied Materials Inc (NASDAQ: AMAT) was released for 2025-01-26. The net profit margin was 22.97% and return on equity was 35.19% for AMAT. The company reported revenue of $7.17 billion for the quarter, compared to $6.71 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.84 percent.
