Ratings for Applied Mat AMAT were provided by 18 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 7 | 7 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 7 | 4 | 2 | 0 | 0 |
2M Ago | 0 | 2 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Applied Mat, presenting an average target of $238.89, a high estimate of $260.00, and a low estimate of $185.00. This upward trend is evident, with the current average reflecting a 6.26% increase from the previous average price target of $224.81.
Breaking Down Analyst Ratings: A Detailed Examination
The analysis of recent analyst actions sheds light on the perception of Applied Mat by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Tom O'Malley | Barclays | Raises | Equal-Weight | $225.00 | $165.00 |
Charles Shi | Needham | Maintains | Buy | $240.00 | $240.00 |
C J Muse | Cantor Fitzgerald | Maintains | Overweight | $260.00 | $260.00 |
Craig Ellis | B. Riley Securities | Raises | Buy | $255.00 | $250.00 |
Srini Pajjuri | Raymond James | Raises | Outperform | $235.00 | $225.00 |
Krish Sankar | TD Cowen | Raises | Buy | $250.00 | $245.00 |
Harlan Sur | JP Morgan | Raises | Overweight | $240.00 | $230.00 |
Joseph Quatrochi | Wells Fargo | Raises | Overweight | $255.00 | $250.00 |
Brian Chin | Stifel | Raises | Buy | $240.00 | $230.00 |
Vijay Rakesh | Mizuho | Raises | Buy | $245.00 | $225.00 |
Vivek Arya | B of A Securities | Raises | Buy | $250.00 | $222.00 |
Mehdi Hosseini | Susquehanna | Raises | Neutral | $185.00 | $160.00 |
Brian Chin | Stifel | Maintains | Buy | $230.00 | $230.00 |
Blayne Curtis | Jefferies | Lowers | Hold | $210.00 | $215.00 |
Mark Lipacis | Evercore ISI Group | Announces | Outperform | $260.00 | - |
C J Muse | Cantor Fitzgerald | Raises | Overweight | $260.00 | $220.00 |
C J Muse | Cantor Fitzgerald | Maintains | Neutral | $220.00 | - |
Stacy Rasgon | Bernstein | Raises | Outperform | $240.00 | $230.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Applied Mat. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Applied Mat compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Applied Mat's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Applied Mat's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Applied Mat analyst ratings.
All You Need to Know About Applied Mat
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Applied Mat: A Financial Overview
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Applied Mat displayed positive results in 3 months. As of 30 April, 2024, the company achieved a solid revenue growth rate of approximately 0.24%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Applied Mat's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 25.91%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Applied Mat's ROE excels beyond industry benchmarks, reaching 9.67%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Applied Mat's ROA excels beyond industry benchmarks, reaching 5.42%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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