Applied Materials, Inc. with ticker code (AMAT) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $280.00 and $197.21 with the average target price sitting at $241.04. Given that the stocks previous close was at $180.24 this would imply there is now a potential upside of 33.7%. There is a 50 day moving average of $210.52 and the 200 day MA is $195.55. The company has a market capitalization of 144.06B. The price for the stock stands currently at: $174.75 USD
The potential market cap would be $192,661,616,281 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 19.63, revenue per share of $32.34 and a 15.2% return on assets.
Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display, and related industries. The Company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. Its Semiconductor Systems segment primarily consists of capital equipment used to fabricate semiconductor chips. Its Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity, including spares, upgrades, services, certain remanufactured old equipment and factory automation software for semiconductor, display and solar products. Its Display and Adjacent Markets segment includes products for manufacturing liquid crystal and organic light-emitting diode (OLED) displays, and other display technologies for televisions, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices and equipment upgrades.
