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Applied Materials (AMAT) Registers a Bigger Fall Than the Market: Important Facts to Note
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Applied Materials (AMAT - Free Report) ended the recent trading session at $585.88, demonstrating a -8.48% change from the preceding day's closing price. This change lagged the S&P 500's 1.44% loss on the day. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 2.22%.
Coming into today, shares of the maker of chipmaking equipment had gained 48.13% in the past month. In that same time, the Computer and Technology sector gained 0.98%, while the S&P 500 gained 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Applied Materials in its upcoming earnings disclosure. The company's earnings report is set to go public on August 13, 2026. It is anticipated that the company will report an EPS of $3.35, marking a 35.08% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $8.98 billion, showing a 23% escalation compared to the year-ago quarter.
AMAT's full-year Zacks Consensus Estimates are calling for earnings of $12.1 per share and revenue of $33.29 billion. These results would represent year-over-year changes of +28.45% and +17.33%, respectively.
Any recent changes to analyst estimates for Applied Materials should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% higher. Applied Materials is currently sporting a Zacks Rank of #2 (Buy).
In the context of valuation, Applied Materials is at present trading with a Forward P/E ratio of 52.89. This indicates a discount in contrast to its industry's Forward P/E of 56.17.
It's also important to note that AMAT currently trades at a PEG ratio of 1.78. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Electronics - Semiconductors stocks are, on average, holding a PEG ratio of 2.29 based on yesterday's closing prices.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 58, placing it within the top 24% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AMAT in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Applied Materials (AMAT) Registers a Bigger Fall Than the Market: Important Facts to Note
Applied Materials (AMAT - Free Report) ended the recent trading session at $585.88, demonstrating a -8.48% change from the preceding day's closing price. This change lagged the S&P 500's 1.44% loss on the day. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 2.22%.
Coming into today, shares of the maker of chipmaking equipment had gained 48.13% in the past month. In that same time, the Computer and Technology sector gained 0.98%, while the S&P 500 gained 0.08%.
Analysts and investors alike will be keeping a close eye on the performance of Applied Materials in its upcoming earnings disclosure. The company's earnings report is set to go public on August 13, 2026. It is anticipated that the company will report an EPS of $3.35, marking a 35.08% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $8.98 billion, showing a 23% escalation compared to the year-ago quarter.
AMAT's full-year Zacks Consensus Estimates are calling for earnings of $12.1 per share and revenue of $33.29 billion. These results would represent year-over-year changes of +28.45% and +17.33%, respectively.
Any recent changes to analyst estimates for Applied Materials should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% higher. Applied Materials is currently sporting a Zacks Rank of #2 (Buy).
In the context of valuation, Applied Materials is at present trading with a Forward P/E ratio of 52.89. This indicates a discount in contrast to its industry's Forward P/E of 56.17.
It's also important to note that AMAT currently trades at a PEG ratio of 1.78. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Electronics - Semiconductors stocks are, on average, holding a PEG ratio of 2.29 based on yesterday's closing prices.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 58, placing it within the top 24% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AMAT in the coming trading sessions, be sure to utilize Zacks.com.