Breaking Down Applied Mat: 19 Analysts Share Their Views

Applied Mat AMAT underwent analysis by 19 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $224.26, a high estimate of $260.00, and a low estimate of $160.00. Marking an increase of 19.29%, the current average surpasses the previous average price target of $188.00.

Diving into Analyst Ratings: An In-Depth Exploration

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 adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Applied Mat. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Applied Mat's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Applied Mat analyst ratings.

Unveiling the Story Behind 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.

Unraveling the Financial Story of Applied Mat

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Negative Revenue Trend: Examining Applied Mat's financials over 3 months reveals challenges. As of 31 January, 2024, the company experienced a decline of approximately -0.47% in revenue growth, reflecting a decrease in 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 30.1%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 11.95%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Applied Mat's ROA stands out, surpassing industry averages. With an impressive ROA of 6.48%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Applied Mat's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.34.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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