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.

Several price targets were given for AMAT by the analysts covering the stock. The maximum price target given was 65, which equates to a potential upside of 43.65 percent. The minimum price target given was 31, implying a possible loss of -31.49 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.6 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 27.49 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.49 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 17.39 percent.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. 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.

AMAT has an estimated earnings growth rate of 25.3 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AMAT is 0.74.

In the trailing 52-weeks, AMAT hit 47.86 at the highest peak, while it's lowest trading point was 25.68. The current market price is above the trailing year's low by 76.21 percent, and 5.45 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.