Applied Materials, Inc. (AMAT): What Is The Path Ahead?

Wall Street analysts will be watching closely when Applied Materials, Inc. (NASDAQ:AMAT) reports its quarterly earnings next, which is scheduled for Wed 13 Feb (In 57 Days). In the preceding quarter, the company reportedly generated EPS of $0.97 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 27.80%, a profit margin of 19.20%45.30%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Applied Materials, Inc. (NASDAQ:AMAT). Most recently, on November 20th, 2018, Imperial Capital Reiterated a Outperform rating. Before that, on November 20th, 2018, Cowen Reiterated to Outperform. Wells Fargo Reiterated a Outperform rating on November 16th, 2018, UBS Reiterated an Neutral rating on November 16th, 2018, and RBC Capital Mkts Reiterated a Sector Perform rating on November 16th, 2018.

At its current price point, combined with the fact that this company has 1.01B shares outstanding, the current market capitalization sits at 33.78B. In the last trading day, 13,304,137 shares of Applied Materials, Inc. were traded, which compares to its usual volume of about 13.03M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.74 in the past five trading days, resulting in a percentage change of -2.18% and a moving average of 33.30. In the past 20 days, its price changed by -$2.12 (which is -5.99%) and the stock’s moving average was 35.01. Looking back a full 50 days, shares of AMAT changed by -$3.96 (which is -10.63%) and demonstrated a moving average of 34.39.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 9.94%, a 14-day Stochastic %K score of 5.12% and a 20-day Stochastic %K score of 10.15%. Using a similar metric, Applied Materials, Inc. (AMAT) shares showed a Stochastic %D of 6.42% over the past 9 days, a Stochastic %D score of 4.78% over the last 14 days, and a 20-day Stochastic %D of 15.51%. Meanwhile, this stock’s MACD Oscillator was -0.80 over the past 9 days, -1.97 over the past two weeks, and -2.14 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $33.28 level. Over the past 12 months, this stock has experienced a high price of $62.40 and a low of $30.53. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Applied Materials, Inc. (NASDAQ:AMAT) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 72,526,213 shares of the company’s stock following the subtraction of -2,402,711 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.38% stake in Applied Materials, Inc. (AMAT)’s shares.

Just in the most recent trading day, Applied Materials, Inc. (NASDAQ:AMAT) experienced a high price of $34.315 and low point of $32.89. At the end of the last trading session, this stock was at 33.28 per share, following a gain of $0.4, or 1.87% during the full day.