In recent trading, Applied Materials (AMAT, Financial) experienced a significant drop, with its stock price plunging 2.42%. The stock is now trading at $199.96 per share, with a trading volume of 2.102 million shares, exhibiting a turnover rate of 0.26% and a volatility of 2.07%.
The latest financial report for AMAT reveals impressive figures: operating revenue of $6.771 billion, net profit of $1.705 billion, earnings per share of $2.06, and a gross profit of $3.202 billion. The company’s price-to-earnings (P/E) ratio stands at 22.48.
Institutional ratings show that out of 36 institutions, 67% recommend buying AMAT stock, while 33% suggest holding, and none recommend selling.
Within the semiconductor sector, the overall decline was 0.96%. Notable related stocks such as Daqo New Energy, Sequans Communications, and ACM Research, Inc. showed significant gains. Highly active stocks included Wolfspeed, Inc., WiSA Technologies, and ACM Research, Inc., with turnover rates at 4.09%, 3.38%, and 2.49%, respectively. Stocks with notable volatility included Hao Microelectronics, SmartChain Group, and Sealsq Corp, with volatilities of 29.70%, 18.32%, and 10.64%, respectively.
Applied Materials is the world’s largest semiconductor wafer fabrication equipment (WFE) manufacturer, offering a comprehensive product portfolio that covers nearly every aspect of the WFE ecosystem. The company holds a leading market share in the deposition sector, critical for depositing new materials on semiconductor wafers. Its clientele includes major global chip manufacturers like TSMC, Intel, and Samsung.
