Analyst Ratings for Applied Materials Inc. (AMAT)

Updated: 2017-07-28

An average rating of Buy has been given to Applied Materials Inc. (NASDAQ:AMAT) by analysts covering the stock. AMAT had previously received a consensus rating of Buy a month ago.

24 analysts issued ratings on the stock, where 19 gave AMAT a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

AMAT was given price targets by several analysts. The most optimistic analyst gave a price target of 65, which equates to a potential upside of 43.65 percent. The most pessimistic price target was 31, which equates to a potential downside of -31.49 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.6 percent on average, compared to last month. That number becomes 27.49 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.49 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 17.39 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of AMAT to grow at a rate of 25.3 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. AMAT has a PEG ratio of 0.74.

In the last 52-weeks, AMAT has achieved a high of 47.86 and a low of 25.68. Currently the stock is 76.21 percent higher than its low, and below the high by 5.45 percent. AMAT has a price/earnings ratio of 18.62. Investors typically compare the P/E ratio to a company's peers in the industry. The AMAT value stock report compares AMAT to some of its peers using value stock charts. The market cap of AMAT is $49.48 billion. AMAT will post this quarters earnings in days, on 0000-00-00.