Applied Materials(AMAT)
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Here is What to Know Beyond Why Applied Materials, Inc. (AMAT) is a Trending Stock
ZACKS· 2024-08-20 14:06
Applied Materials (AMAT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of chipmaking equipment have returned -5.6% over the past month versus the Zacks S&P 500 composite's +1.9% change. The Zacks Semiconductor Equipment - Wafer Fabrication industry, to which Applied Materials belongs, has gained 1.7% over this period. Now the key question is: ...
What's Happening With Applied Materials Stock?
Forbes· 2024-08-20 09:00
PARAGUAY - 2024/08/03: In this photo illustration, the Applied Materials logo is displayed on a ... [+] smartphone screen. (Photo Illustration by Jaque Silva/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesApplied Materials stock has had a solid year thus far, rising by about 30% year-to-date. In comparison, Applied’s semiconductor industry peer Texas Instruments stock has gained about 19% over the same period. So what are some of the trends driving Applied stock’s run-up?La ...
Why Applied Materials (AMAT) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-19 14:45
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...
The Rebound is on for Applied Materials Stock Price
MarketBeat· 2024-08-19 13:11
Applied Materials NASDAQ: AMAT stock price is rebounding now that the Q3 results are in. The report's takeaway is that outperformance in Q3 was compounded by better-than-feared guidance and shows strengthening in all end markets. Strength is driven by the push for AI, which has gripped global technology markets. Applied Materials is ideally situated to continue capturing that strength because of its leadership position in semiconductor equipment and adjacent markets, including memory and display technology. ...
Time To Get Out Of Applied Materials
Seeking Alpha· 2024-08-17 14:37
Sundry Photography The semiconductor stocks as a group have been hammered in the past few weeks. Even leaders like NVIDIA (NVDA) lost massive portions of their value into the early-August low, but the group has surged once again since then. Whether this is a bounce or the start of a new, sustained rally remains to be seen. In this article, we’ll take a fresh look at Applied Materials (NASDAQ:AMAT), which reported third quarter earnings on the 15th. The last time I covered AMAT I came to the conclusion t ...
Applied Materials Positioned For 2025 Growth Despite Soft China Revenue And Light Q4 Guidance, Analysts Say
Benzinga· 2024-08-16 18:26
Applied Materials, Inc AMAT stock declined on Friday after the company reported upbeat third-quarter earnings on Thursday.The results came amid an exciting earnings season. Here are some key analyst takeaways.Applied Materials reported third-quarter revenue of $6.78 billion, beating the analyst consensus estimate of $6.67 billion. The company reported adjusted EPS of $2.12, beating analyst consensus estimates of 2.02.Also Read: Applied Materials Stock Drops After Chips Act Denies FundingNeedham analyst Char ...
Applied Materials (AMAT) Q3 Earnings & Revenues Top Estimates
ZACKS· 2024-08-16 12:55
Applied Materials Inc. (AMAT) reported third-quarter fiscal 2024 non-GAAP earnings of $2.12 per share, which surpassed the Zacks Consensus Estimate by 5.5%. Moreover, the figure improved 12% from the year-ago quarter.Net revenues of $6.78 billion were up 5% from the year-ago quarter. The figure surpassed the consensus estimate by 1.6%.Strong momentum in the Display and Adjacent Markets and Applied Global Services (AGS) segments was a positive. The Semiconductor Systems segment’s enhanced performance contri ...
Applied Materials(AMAT) - 2024 Q3 - Earnings Call Transcript
2024-08-15 23:18
Applied Materials, Inc. (NASDAQ:AMAT) Q3 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Michael Sullivan - Corporate Vice President Gary Dickerson - President & Chief Executive Officer Brice Hill - Chief Financial Officer Conference Call Participants CJ Muse - Cantor Fitzgerald Stacy Rasgon - Bernstein Research Srini Pajjuri - Raymond James Vivek Arya - Bank of America Securities Chris Caso - Wolfe Research Krish Sankar - TD Cowen Joseph Moore - Morgan Stanley Joe Quatrochi - ...
Big Trading Day Partially Fills Last Week's Holes
ZACKS· 2024-08-15 23:11
Thursday, August 15th, 2024Another big day for the major market indexes. Robust data on Retail Sales, Exports and better-than-expected Jobless Claims all demonstrate that recession fears in the market had gotten ahead of themselves. Even with the idea that a 50 basis point (bps) rate cut by the Fed next month may be off the table — in favor of a 25 bps cut — markets rallied throughout the day.The Dow closed up +554 points, +1.39%. Yet it is the only major index to have climbed back into positive territory a ...
Compared to Estimates, Applied Materials (AMAT) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-08-15 22:31
For the quarter ended July 2024, Applied Materials (AMAT) reported revenue of $6.78 billion, up 5.5% over the same period last year. EPS came in at $2.12, compared to $1.90 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.67 billion, representing a surprise of +1.63%. The company delivered an EPS surprise of +5.47%, with the consensus EPS estimate being $2.01.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...