Applied Materials(US:AMAT) ZACKS·2025-10-17 22:45Company Performance - Applied Materials (AMAT) closed at $224.99, reflecting a -1.2% change from the previous day, underperforming the S&P 500's gain of 0.53% [1] - Over the past month, AMAT shares have increased by 20%, while the Computer and Technology sector rose by 2.01% and the S&P 500 by 0.71% [1] Upcoming Financial Results - The upcoming EPS for Applied Materials is projected at $2.11, indicating a 9.05% decrease compared to the same quarter last year [2] - Quarterly revenue is expected to be $6.7 billion, down 4.84% from the previous year [2] Full Year Estimates - For the full year, analysts expect earnings of $9.36 per share and revenue of $28.27 billion, representing increases of +8.21% and +4.03% respectively from last year [3] Analyst Estimates and Stock Price Correlation - Recent changes to analyst estimates for Applied Materials are important as they reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [4] - Estimate changes are correlated with near-term stock prices, and the Zacks Rank system, which incorporates these changes, provides a functional rating [5] Zacks Rank and Valuation Metrics - The Zacks Rank for Applied Materials is currently 3 (Hold), with a recent downward shift of 0.24% in the EPS estimate [6] - The Forward P/E ratio for AMAT is 24.32, which is a discount compared to the industry average of 38.55 [7] PEG Ratio and Industry Context - AMAT has a PEG ratio of 2.85, compared to the Electronics - Semiconductors industry's average PEG ratio of 1.93 [8] - The Electronics - Semiconductors industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [9]