27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Across the recent three months, 22 analysts have shared their insights on Applied Mat (NASDAQ:AMAT), expressing a variety of opinions spanning from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 4 | 9 | 1 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 8 | 1 | 7 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 1 | 0 |
Analysts have set 12-month price targets for Applied Mat, revealing an average target of $211.41, a high estimate of $260.00, and a low estimate of $140.00. This upward trend is apparent, with the current average reflecting a 20.93% increase from the previous average price target of $174.82.
Interpreting Analyst Ratings: A Closer Look
The analysis of recent analyst actions sheds light on the perception of Applied Mat by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| C J Muse | Cantor Fitzgerald | Raises | Overweight | $260.00 | $220.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $220.00 | - |
| Stacy Rasgon | Bernstein | Raises | Outperform | $240.00 | $230.00 |
| Timothy Arcuri | UBS | Raises | Neutral | $235.00 | $185.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $220.00 | - |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $220.00 | - |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $220.00 | $156.00 |
| Vijay Rakesh | Mizuho | Raises | Buy | $225.00 | $185.00 |
| Timothy Arcuri | UBS | Raises | Neutral | $185.00 | $180.00 |
| Toshiya Hari | Goldman Sachs | Raises | Buy | $220.00 | $156.00 |
| Atif Malik | Citigroup | Raises | Buy | $211.00 | $170.00 |
| Craig Ellis | B. Riley Securities | Raises | Buy | $250.00 | $220.00 |
| Srini Pajjuri | Raymond James | Raises | Outperform | $225.00 | $180.00 |
| Brian Chin | Stifel | Raises | Buy | $230.00 | $175.00 |
| Mehdi Hosseini | Susquehanna | Raises | Neutral | $160.00 | $138.00 |
| Charles Shi | Needham | Raises | Buy | $240.00 | $180.00 |
| Joseph Moore | Morgan Stanley | Raises | Equal-Weight | $190.00 | $142.00 |
| C J Muse | Cantor Fitzgerald | Maintains | Neutral | $180.00 | - |
| Craig Ellis | B. Riley Securities | Raises | Buy | $220.00 | $175.00 |
| C J Muse | Cantor Fitzgerald | Announces | Neutral | $180.00 | - |
| Srini Pajjuri | Raymond James | Raises | Outperform | $180.00 | $160.00 |
| Raimo Lenschow | Barclays | Raises | Underweight | $140.00 | $120.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Applied Mat. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Applied Mat compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Applied Mat's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Applied Mat's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Applied Mat analyst ratings.
Get to Know Applied Mat Better
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Applied Mat: A Financial Overview
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Decline in Revenue: Over the 3 months period, Applied Mat faced challenges, resulting in a decline of approximately -0.47% in revenue growth as of 31 January, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Applied Mat's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 30.1%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Applied Mat's ROE excels beyond industry benchmarks, reaching 11.95%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Applied Mat's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 6.48%, the company showcases efficient use of assets and strong financial health.
Debt Management: Applied Mat's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.34.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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