Deep Dive Into Applied Mat Stock: Analyst Perspectives (15 Ratings)

In the latest quarter, 15 analysts provided ratings for Applied Mat AMAT, showcasing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $229.73, a high estimate of $280.00, and a low estimate of $170.00. Highlighting a 5.64% decrease, the current average has fallen from the previous average price target of $243.47.

Decoding Analyst Ratings: A Detailed Look

The standing of Applied Mat among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

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: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Applied Mat compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Applied Mat's stock. This analysis reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Applied Mat's market standing. Stay informed and make well-considered 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.

Understanding the Numbers: Applied Mat's Finances

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Applied Mat displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 5.49%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 25.15%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Applied Mat's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.21% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Applied Mat's ROA stands out, surpassing industry averages. With an impressive ROA of 5.2%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Applied Mat's debt-to-equity ratio is below the industry average at 0.35, reflecting a lower dependency on debt financing and a more conservative financial approach.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.