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 most optimistic price target was 65, implying a possible profit of 43.65 percent. The lowest price target was 31, implying potential capital losses of -31.49 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.6 percent. 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. If we look at the last 90 days instead, we find a net average change of 17.39 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

AMAT has an estimated earnings growth rate of 25.3 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AMAT is 0.74.

AMAT has a 52-week high of 47.86 and a 52-week low of 25.68. The current market price is above the trailing year's low by 76.21 percent, and below the high by 5.45 percent. AMAT has a P/E 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 stock has a market capitalization of $49.48 billion. AMAT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.