Applied Materials (NASDAQ:AMAT) has grabbed attention from the analysts, when it saw a value increase of 1.22% or 0.52 points in the last trading session to close at $42.99. A total of 4.75 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 10.58 Million shares, while its relative volume stands at 0.45. Applied Materials (NASDAQ:AMAT) has a market cap of $41.14 Billion and the number of outstanding shares have been calculated 957 Million.
Shares of Applied Materials (NASDAQ:AMAT) currently have an Average Brokerage Recommendation of 1.88, number of Recs in ABR is 16 while industry rank of the company by ABR is 204 out of 25. Out of the analyst recommendations 6 rate Applied Materials (NASDAQ:AMAT) stock a Buy, 8 rate the stock Outperform, 8 rate Hold, 0 rate Underperform and 0 recommend a Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $47.4 on the stock, this valuation is based on 20 number of opinions. The most optimistic analyst sees the stock reaching $65 while the most conventional has $34 target price.
Applied Materials (NASDAQ:AMAT) as of recent trade, has shown weekly downbeat performance of -0.12% which was maintained at 10.43% in 1-month period. During the past three months the stock gain 23.61%, bringing six months performance to 24.86%. Yearly performance of the stock shows a bearish trend of -23.82% while year-to-date (YTD) performance reflected 31.31% positive outlook.
While taking a glance at financials, we can look at a number of key indicators. Applied Materials (NASDAQ:AMAT) has trailing twelve month Return on Assets of 21.7%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of 54.6% and a Return on Investment of 37.2%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
While having a peek at profitability ratios Applied Materials (NASDAQ:AMAT) has trailing twelve month gross margin at 45%, its trailing twelve month operating margin stands at 26.8% whereas its trailing twelve month net profit margin spots at 23.5%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0.99 whereas its trailing twelve month P/E ratio is 10.7. The company’s forward price to earnings ratio for next fiscal year is 11.44. Applied Materials (NASDAQ:AMAT)’s price to free cash flow for trailing twelve months is 21.52. Its beta value stands at 1.62.
The company’s quick ratio for most recent quarter is 1.7 along with current ratio for most recent quarter of 2.7. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0.65.