Applied Materials, Inc. (NASDAQ:AMAT) PEG Ratio At 0.960


Market experts has given a mean price target of $33.160 to Applied Materials, Inc. (NASDAQ:AMAT) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.580 for the near-term quarter and $1.750 for this year.

Technical View

The technical assessment of Applied Materials, Inc. pinpoints that the 50-day moving average of Applied Materials, Inc. (NASDAQ:AMAT) stock is $28.849, and is trading $1.326 points away or +4.596% from 50-day moving average of $28.849. It is trading $6.064 or +25.150% off 200-day MA of $24.111.

The 52-week high of Applied Materials, Inc. (NASDAQ:AMAT) was $31.070 while $14.290 is the low point in the same period. Applied Materials, Inc. share price has to rise more than $-0.895 to register a high for 52-weeks or drop +111.162% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Applied Materials, Inc. (NASDAQ:AMAT) P/E ratio is 23.797 while PEG ratio is at 0.960. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Applied Materials, Inc. stock recorded a close of $30.175 in last trading session, which brings it market cap to $32.62B.

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