Applied Materials, Inc. which can be found using ticker (AMAT) now have 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $260.00 and $143.10 and has a mean share price target at $221.58. (at the time of writing). Now with the previous closing price of $193.99 this would imply there is now a potential upside of 14.2%. Also worth taking note is the 50 day moving average now sits at $203.63 and the 200 moving average now moves to $163.89. The total market capitalization for the company now stands at 164.44B. The stock price for Apple Inc. is $197.91 USD
The potential market cap would be $187,830,521,744 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 23.31, 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.