How to Buy Applied Materials Stock
Applied Materials Inc
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries.
Applied Materials stock last closed at $196.06, up 1.46% from the previous day, and has increased 72.57% in one year. It has overperformed other stocks in the Semiconductor Equipment & Materials industry by 0.26 percentage points. Applied Materials stock is currently +79.62% from its 52-week low of $109.15, and -8.77% from its 52-week high of $214.91.
At the moment, there are 830.9M shares of AMAT outstanding. The market capitalization of AMAT is $162.91B. In the last 24 hours, 4.5M AMAT shares were traded.
How to Buy Applied Materials Stock
Not sure how to invest in Applied Materials stock? Here's how.
- Choose where to buy Applied Materials stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Applied Materials stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your information.
- Analyze Applied Materials stock: The Applied Materials ticker symbol is AMAT. Is Applied Materials stock a good investment? Should you buy shares of AMAT? How do AMAT's underlying business fundamentals look? Do top analysts think Applied Materials is a good buy? Why has AMAT's stock price moved recently? (Hint: Our stock analysis website can help you decide if AMAT is a good stock to buy).
- Make your AMAT purchase: Decide if you will purchase AMAT shares at the current market price or use a limit order to purchase AMAT shares at a specific price.
- Get the latest scoop on your AMAT position: Create a watchlist to keep tabs on your investment in Applied Materials stock.
Step 1: Choose where to buy Applied Materials stock
You need an online brokerage account in order to access the NASDAQ market and buy AMAT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to invest in AMAT today.
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Step 3: Fund your investment account
Now that you've created your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Analyze Applied Materials stock
Once you have decided on the best place to buy Applied Materials stock, it's crucial to analyze their stock before you buy, so you can wrap your head around the risk as well as the upside.
Applied Materials shares quick numbers
Applied Materials Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on AMAT's stock page.
What is the fair value of AMAT stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge AMAT's fair value.
Using relative valuations metrics:
- AMAT may be undervalued based on its P/E ratio of 22.9x, relative to Semiconductor Equipment & Materials industry P/E ratio of 38.03x
- AMAT could be undervalued based on its P/B ratio of 9.35x, relative to Semiconductor Equipment & Materials industry P/B ratio of 11.16x
You can access additional valuation analysis on AMAT's stock here.
AMAT Financials at a glance
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the AMAT balance sheet.
- Total AMAT debt is lower than 5 years ago, relative to shareholder equity.
- AMAT earnings of $8.30B is not enough to cover its interest payments.
- AMAT's operating cash flow of $8.76B allows it to safely service it's debt of $5.56B.
- AMAT profit margin has gone up from 24.6% to 27% in the past year.
- There are more short-term assets than short-term liabilities on the AMAT balance sheet.
Negative Health Checks:
- AMAT has a relatively high debt to equity ratio of 0.81.
Is AMAT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 17 sell side analysts who give recommendations on AMAT, the consensus analyst rating on Applied Materials is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest AMAT Analyst Upgrades/Downgrades
Vijay Rakesh, a top 1% analyst from Mizuho maintains AMAT with a strong buy rating and raises their AMAT price target from $185.00 to $225.00, on Feb 16, 2024.
Mizuho's Vijay Rakesh raised their price target on Applied Materials (NASDAQ: AMAT) by 21.6% from $185 to $225 on 2024/02/17. The analyst maintained their Strong Buy rating on the stock.
Applied Materials "reported good quarterly results and is well positioned with secular technology transitions," Rakesh summarized after seeing the company's Q1 2024 earnings report, released on 2024/02/15.
Earnings Report
For Q1 2024, Applied Materials reported:
- EPS of $2.13, which beat the Zacks Consensus Estimate of $1.90 and, by 4.9%, Q1 2023's $2.03.
- Revenue of $6.71B, which beat the Zacks Consensus Estimate by 3.62% but missed Q1 2023's $6.74B by 0.04%.
For Q2 2024, management guided:
- EPS of $1.79 to $2.15.
- Revenue of $6.1B to $6.9B.
President & CEO Gary Dickerson commented: “Applied Materials delivered strong results in Q1 2024 and has outperformed our markets for the fifth consecutive year.
“Our leadership positions at key semiconductor inflections support continued outperformance as customers ramp next-generation chip technologies critical to AI and IoT over the next several years.”
Atif Malik, a top 1% analyst from Citigroup maintains AMAT with a strong buy rating and raises their AMAT price target from $170.00 to $211.00, on Feb 16, 2024.
Craig Ellis, a top 1% analyst from B. Riley Securities reiterates AMAT with a strong buy rating and raises their AMAT price target from $220.00 to $250.00, on Feb 16, 2024.
Srini Pajjuri, a top 6% analyst from Raymond James maintains AMAT with a buy rating and raises their AMAT price target from $180.00 to $225.00, on Feb 16, 2024.
Brian Chin, a top 9% analyst from Stifel Nicolaus maintains AMAT with a strong buy rating and raises their AMAT price target from $175.00 to $230.00, on Feb 16, 2024.
You can dive deeper into what analysts are projecting on the Applied Materials stock forecast page.
AMAT Trading Indicators
How are AMAT Revenues/Earnings doing?
Last year, AMAT earnings were $7.16B. During the last five year, AMAT's earnings have grown by 18.39% per year. This was faster than the Semiconductor Equipment & Materials industry average of 17.83%.
Last year, AMAT revenue was $26.49B. Over the past 5 year, AMAT's revenue has grown by 10.26% per year. This was slower than the Semiconductor Equipment & Materials industry average of 14.27%.
Dive into AMAT's earnings and revenue performance here.
What are AMAT insiders up to?
In the last 12 months, executives and large shareholders at AMAT have sold more shares than they have bought.
Brice Hill, SVP CFO of AMAT, was the latest AMAT insider to sell. They sold $2,309,989.61 worth of AMAT stock on Apr 1, 2024.
Research more about who owns AMAT shares here.
Can I get consistent income from AMAT stock?
Applied Materials pays a dividend of 0.65%, compared to the Semiconductor Equipment & Materials industry's average dividend yield of 0.92%. If you owned $1,000 of AMAT stock, you would have been paid $6.53 last year.
Applied Materials dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Applied Materials dividend yield and history here.
Get analysis from other investors
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Step 5: Make your AMAT purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your AMAT position
Now that you own some AMAT shares, you'll want to keep up with your new shares.
Add AMAT to a watchlist to track the latest developments regarding your AMAT stock.
AMAT Feed
How to Buy Stock in Applied Materials
To reiterate, here are the 6 steps to buy stock in Applied Materials:
- Choose where to buy Applied Materials stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Applied Materials stock
- Make your AMAT purchase
- Get the latest scoop on your AMAT position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Applied Materials, create a watchlist today.
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