Applied Materials, Inc.s in-depth stock price analysis indicates that the stock price has rallied 14.9% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.85% . Looking at the past 52 week period, the stock price is up at 119.93% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Applied Materials, Inc. has a positive value of 52.36 compared to overall market. Applied Materials, Inc. (NASDAQ:AMAT) has climbed 0.03% in the past week and advanced 4.53% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.78% during the past week but Applied Materials, Inc. (NASDAQ:AMAT) it has outperformed the index in 4 weeks by 2.66%.
Applied Materials, Inc. (NASDAQ:AMAT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.09 points or 0.25% at $35.32 with 11,636,382 shares getting traded. Post opening the session at $35.64, the shares hit an intraday low of $35.09 and an intraday high of $35.64 and the price was in this range throughout the day. The company has a market cap of $38,163 million and the number of outstanding shares has been calculated to be 1,080,489,400 shares. The 52-week high of Applied Materials, Inc. (NASDAQ:AMAT) is $35.85 and the 52-week low is $15.44.
Applied Materials Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.65. The company had revenue of $3297.00 million for the quarter, compared to analysts expectations of $3307.22 million. The companys revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Applied Materials was Downgraded by Goldman to Neutral on Dec 19, 2016.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Thomas F Larkins (Sr. VP, GC & Corp. Secretary) sold 100,000 shares at 32.02 per share price.On Jan 3, 2017, Dennis D Powell (director) sold 21,017 shares at 31.95 per share price.On Dec 2, 2016, Omkaram Nalamasu (Senior VP, CTO) sold 16,841 shares at 32.35 per share price.
Applied Materials AMAT Dec 1, 2016 0.1000 Mar 15, 2017 Feb 22, 2017 Feb 17, 2017
Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.