After $0.93 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.30% EPS growth.
The highest price AMAT stock touched in the last 12 month was $60.89 and the lowest price it hit in the same period was $34.58. Bessemer Group Inc. increased its stake in shares of Applied Materials by 145.4% in the second quarter. It has outperformed by 104.70% the S&P500.
Cornercap Investment Counsel Inc increased its stake in United Technologies Corp Com (UTX) by 1199.5% based on its latest 2017Q3 regulatory filing with the SEC. More interesting news about Applied Materials, Inc. Insiders sold a total of 312,716 shares of company stock valued at $16,218,746 over the last quarter. About 1.52 million shares traded. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 15, 2017 and is uptrending. It has underperformed by 1.69% the S&P500. Barnett invested in 0.04% or 1,548 shares. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. (NYSE:WMT) for 7,686 shares. 26 funds opened positions while 29 raised stakes. North Star Inv Management Corporation reported 6,210 shares. (NASDAQ:AMAT). Diligent Investors Ltd Limited Liability Company has 0.69% invested in Applied Materials, Inc. Smithfield Communications, a Pennsylvania-based fund reported 8,792 shares. State Of Alaska Department Of Revenue stated it has 16,830 shares. Insider data is useful because it can reveal what a company's executives and largest shareholders feel about a stock. The stock of Applied Materials, Inc. Thompson Davis & has invested 0.53% in Applied Materials, Inc. (NASDAQ:AMAT). Tokio Marine Asset Mngmt Comm Limited holds 9,271 shares or 0.07% of its portfolio. (NASDAQ:PEP). 30,522 were reported by Compton Cap Mgmt Ri.
More notable recent Applied Materials, Inc. (NASDAQ:PEP). Moreover, Oakworth Cap has 0.35% invested in PepsiCo, Inc. (NASDAQ:AMAT) to report earnings on February, 21. (NASDAQ:AMAT) for 63,995 shares. Kempner Capital Management Incorporated invested in 5.64% or 164,613 shares. It also reduced its holding in Tractor Supply Co Com (NASDAQ:TSCO) by 44,165 shares in the quarter, leaving it with 17,715 shares, and cut its stake in J M Smucker Co New (NYSE:SJM). Applied Materials had a net margin of 23.62% and a return on equity of 41.51%.
When we look at the Analyst Recommendations of the stock, the company has 2.33 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 36% are positive.More news: Fannie Mae Wants Another Multi-Billion Taxpayer Bailout
Institutions own 81.11% of Applied Materials, Inc. Finally, Needham & Company LLC lifted their target price on shares of Applied Materials to $66.00 and gave the stock a "positive" rating in a report on Friday, November 17th.
Applied Materials announced that its Board of Directors has authorized a share buyback program on Wednesday, February 14th that permits the company to buyback $6.00 billion in shares. The stock of Walmart Inc. (NASDAQ:AMAT) on Monday, September 18 with "Buy" rating. Credit Agricole upgraded the shares of AMAT in report on Tuesday, January 19 to "Buy" rating. Stifel Nicolaus maintained the shares of AMAT in report on Friday, May 27 with "Buy" rating. Barclays Capital maintained PepsiCo, Inc. On Wednesday, April 6 the stock rating was maintained by Goldman Sachs with "Neutral". KeyBanc Capital Markets maintained it with "Overweight" rating and $195 target in Friday, February 2 report. The stock has a consensus rating of "Buy" and a consensus price target of $62.56.
Since August 21, 2017, it had 0 buys, and 18 selling transactions for $1.67 billion activity.
Since August 23, 2017, it had 0 buys, and 5 sales for $12.03 million activity. (NASDAQ:AMAT) shares with value of $214,680 were sold by Forrest Stephen R. The insider Nalamasu Omkaram sold 53,466 shares worth $2.83M. 22,762 shares were sold by Karsner Alexander, worth $1.00M on Wednesday, August 23. Larkins Thomas F sold $1.54M worth of Applied Materials, Inc. (NASDAQ:STRS) for 9,200 shares.
On the revenue front, the company raked in roughly $4.2 billion, an increase compared to the year-ago total of $3.28 billion. It looks like higher cash flows is on the cards for the stock, which should feed into a higher share valuation.More news: John 'Tito' Francona, father of former Red Sox manager, dies at 84
Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.35, from 1.42 in 2017Q2.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zacks Mngmt invested 0.07% in Applied Materials, Inc.
The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 6.05%, and has a solid year to date (YTD) performance of 1.64% which means that the stock is constantly adding to its value from the previous fiscal year end price. Winslow Evans Crocker reported 35,526 shares.
Moving average of Applied Materials, Inc. (NASDAQ:AMAT). Acg Wealth holds 0.18% of its portfolio in Applied Materials, Inc. $1.00 million worth of Applied Materials, Inc. Grantham Mayo Van Otterloo Limited holds 0.17% of its portfolio in Applied Materials, Inc. Natl Planning holds 0.04% or 4,052 shares in its portfolio. Campbell & Co Invest Adviser Limited Liability Corp accumulated 3,987 shares. Davis Selected Advisers accumulated 505,017 shares or 0.11% of the stock.More news: Kanye West Settles $10 Million Insurance Claim with Lloyd's of London