Analysts See $0.97 EPS for Applied Materials, Inc. (AMAT)

February 13, 2018 - By Adrian Mccoy

 Analysts See $0.97 EPS for Applied Materials, Inc. (AMAT)
Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It is positive, as 40 investors sold Applied Materials, Inc. shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported.
Patten Patten Inc Tn holds 5,300 shares. Beck Capital Mngmt Lc holds 2.1% or 84,341 shares. Schwab Charles Inv reported 0.19% stake. Savant Cap Limited Liability Com holds 0.05% or 4,570 shares. Stock Yards Natl Bank And Trust reported 4,714 shares stake. Castleark Ltd Liability Co holds 1.45% or 888,464 shares. Hartford Invest Mngmt holds 254,316 shares or 0.25% of its portfolio. New Amsterdam Ptnrs Limited Company New York reported 15,423 shares stake. Macquarie Group Inc Limited holds 268,188 shares. 22,250 were reported by Lumbard & Kellner Limited Liability Corp. 902 were reported by Cranbrook Wealth Ltd Liability Com. Tru Department Mb Finance Bancshares N A invested in 380 shares or 0% of the stock. Arcadia Mi reported 625 shares stake. Moreover, Wealthtrust has 0.01% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 401 shares. Fiera Corp reported 21,000 shares.

Since August 23, 2017, it had 0 buys, and 5 selling transactions for $12.03 million activity. Karsner Alexander sold $1.00M worth of stock or 22,762 shares. Another trade for 4,000 shares valued at $214,680 was made by Forrest Stephen R on Wednesday, January 3. Another trade for 53,466 shares valued at $2.83M was made by Nalamasu Omkaram on Tuesday, January 2. Larkins Thomas F had sold 30,000 shares worth $1.54M.

Analysts expect Applied Materials, Inc. (NASDAQ:AMAT) to report $0.97 EPS on February, 21.They anticipate $0.30 EPS change or 44.78 % from last quarter’s $0.67 EPS. AMAT’s profit would be $1.02B giving it 12.55 P/E if the $0.97 EPS is correct. After having $0.93 EPS previously, Applied Materials, Inc.’s analysts see 4.30 % EPS growth. The stock decreased 1.66% or $0.82 during the last trading session, reaching $48.68. About 5.84M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 13, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. had 111 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Tuesday, January 30 by Stifel Nicolaus. The firm has “Underperform” rating given on Monday, October 5 by RBC Capital Markets. RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Friday, June 10. RBC Capital Markets has “Sector Perform” rating and $26 target. On Thursday, August 11 the stock rating was maintained by B. Riley & Co with “Buy”. As per Monday, August 15, the company rating was maintained by Stifel Nicolaus. The firm earned “Sector Perform” rating on Friday, May 20 by RBC Capital Markets. As per Tuesday, April 19, the company rating was downgraded by Susquehanna. The firm has “Sector Perform” rating given on Thursday, February 16 by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Friday, August 14. The rating was maintained by UBS on Friday, August 19 with “Buy”.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. The company has market cap of $51.20 billion. It operates through three divisions: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. It has a 15.36 P/E ratio. The Semiconductor Systems segment develops, makes, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Globenewswire.com which released: “Applied Materials to Hold Q1 FY2018 Earnings Webcast on February 14, 2018 at 4 …” on February 02, 2018, also Globenewswire.com with their article: “Applied Materials Appoints Scott McGregor to Board of Directors” published on January 23, 2018, Globenewswire.com published: “Applied Materials Named One of the World’s Most Ethical Companies for 2018” on February 12, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Benzinga.com and their article: “Vetr Crowd Upgrades Applied Materials” published on January 31, 2018 as well as Nasdaq.com‘s news article titled: “Will Display Strength Aid Applied Materials’ (AMAT) Q1 Earnings?” with publication date: February 12, 2018.

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