(VIANEWS) – Shares of Applied Materials (NASDAQ: AMAT) rose by a staggering 28.56% in 21 sessions from $96.73 at 2023-01-03, to $124.36 at 13:43 EST on Thursday, after two successive sessions in a row of gains. NASDAQ is jumping 3.17% to $12,190.91, after two sequential sessions in a row of gains.
Applied Materials’s last close was $119.01, 18.01% under its 52-week high of $145.16.
About Applied Materials
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, Applied Materials has a trailing twelve months EPS of $4.18.
PE Ratio
Applied Materials has a trailing twelve months price to earnings ratio of 29.74. Meaning,
the purchaser of the share is investing $29.74 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 55.08%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 2.1% and a drop 3.2% for the next.
Moving Average
Applied Materials’s value is way higher than its 50-day moving average of $105.85 and way higher than its 200-day moving average of $100.54.
Sales Growth
Applied Materials’s sales growth is 6.6% for the ongoing quarter and 2.2% for the next.
Volume
Today’s last reported volume for Applied Materials is 5853188 which is 14.23% below its average volume of 6806770.
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