Applied Materials, Inc. which can be found using ticker (AMAT) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $243.72 and $134.14 suggesting an average Analsyt target price of $207.71. Given that the stocks previous close was at $189.77 this would imply there is now a potential upside of 9.5%. Also worth taking note is the 50 day moving average now sits at $201.69 and the 200 moving average now moves to $161.38. The company has a market cap of 156.05B. The stock price is currently at: $187.81 USD
The potential market cap would be $170,803,103,729 based on the market consensus.
The company has a dividend yield of 3.08%. Other points of data to note are a P/E ratio of 22.1, revenue per share of $31.66 and a 16.07% 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.
