Applied Materials(AMAT) ZACKS·2025-01-21 23:51Group 1: Company Performance - Applied Materials (AMAT) shares increased by 14.68% over the last month, outperforming the Computer and Technology sector's gain of 0.37% and the S&P 500's gain of 1.17% [1] - The upcoming earnings per share (EPS) for Applied Materials is projected to be 7.16 billion, showing a 6.74% increase compared to the year-ago quarter [2] - For the annual period, earnings are anticipated to be 29.34 billion, signifying shifts of +8.32% and +7.97% respectively from the last year [3] Group 2: Analyst Estimates and Valuation - Recent changes in analyst estimates for Applied Materials reflect evolving short-term business trends, with positive revisions indicating a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Applied Materials at 3 (Hold), with a 0.07% fall in the Zacks Consensus EPS estimate over the past month [6] - Applied Materials has a Forward P/E ratio of 20.49, which is a discount compared to its industry's average Forward P/E of 26.04, and a PEG ratio of 1.96, compared to the Electronics - Semiconductors industry's average PEG ratio of 2.2 [7] Group 3: Industry Context - The Electronics - Semiconductors industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 89, placing it in the top 36% of all 250+ industries [8]