Stock's Buzzers: Applied Materials, Inc. (NASDAQ:AMAT)

Chart of Applied Materials Lam Research and ASML Holding research and development spending over the past several years

Image source YCharts

Medtronic plc (NYSE:MDT)'s earnings per share has been growing at a -2.6 percent rate over the past 5 year when average revenue increase was noted as 13.2 percent. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 65,500 shares of the manufacturing equipment provider's stock worth $1,975,000 after buying an additional 50,000 shares in the last quarter. Summit Research downgraded Applied Materials, Inc.

Applied Materials, Inc. (NASDAQ:AMAT) performance during the last one year Improved 97.48 percent, while its year to date (YTD) performance showed a Positive trend of 21.36 percent. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 10.48. Finally, Needham & Company LLC reissued a "buy" rating and set a $40.00 price objective on shares of Applied Materials in a report on Monday, February 13th. The stock traded as high as $38.49 and last traded at $38.50, with a volume of 3,930,118 shares. The high figure identified in this time frame is $2.93 with the low being $2.34.

The firm has a market cap of $41.33 billion, a PE ratio of 19.69 and a beta of 1.81. The firm shows a 20-Day Simple Moving Average of 0.40% with a 200-Day Simple Moving Average of -8.61%.

Analysts at Goldman took a look at Applied Materials, Inc. The company reported the earnings of $0.67/Share in the last quarter where the estimated EPS by analysts was $0.66/share. The return on equity ratio or ROE stands at 7.8 percent while most common profitability ratio return on investment (ROI) was 5.3 percent.

According to analyst estimates, Applied Materials, Inc. That is compared with the $0.34 in EPS it reported during the same period a year ago.

Stock market analysts and brokers have recently amended their target prices on shares of Applied Materials, Inc.

The newly announced dividend which will be paid on Thursday, June 15th. Investors of record on Thursday, May 25th will be given a $0.10 dividend. ChipMOS TECHNOLOGIES INC. Semiconductor Equipment & Materials has a PEG of 34.43 alongside a PS value of 23 and a PB value of 24.44.

This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of USA and global copyright and trademark legislation. Applied Materials has a consensus rating of "Buy" and an average price target of $35.26.

In related news, VP Thomas F. Larkins sold 100,000 shares of the stock in a transaction dated Wednesday, January 4th. The shares were sold at an average price of $31.95, for a total transaction of $671,493.15. The last session's volume of 9.11 million shares was lower than its average volume of 10.06 million shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. (NASDAQ:ALXN). Philadelphia Tru Communications stated it has 3,500 shares or 0.03% of all its holdings. The stock remained 1.39% volatile for the week and 1.30% for the month. The disclosure for this sale can be found here. Insiders own 0.31% of the company's stock.

Several other large investors also recently modified their holdings of AMAT. Windsor Capital Mgmt Llc has invested 0.12% in Applied Materials, Inc.

02/16/2017 - Applied Materials, Inc. had its "outperform" rating reiterated by analysts at Cowen. Also, Director Dennis D. Powell sold 21,017 shares of the company's stock in a transaction on Tuesday, January 3rd. Engineers Gate Manager LP boosted its stake in shares of Applied Materials by 460.7% in the second quarter. Sei Investments Co. now owns 2,107,669 shares of the manufacturing equipment provider's stock valued at $50,520,000 after buying an additional 229,759 shares during the period. Public Employees Retirement System of OH boosted its stake in shares of Applied Materials by 60.4% in the second quarter. Bank of Montreal Can now owns 4,651,215 shares of the manufacturing equipment provider's stock worth $140,233,000 after buying an additional 3,594,718 shares during the last quarter.

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