Applied Materials, Inc. (AMAT) stock is up 6% Friday morning. AMAT stock is lower by -20% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives AMAT stock an overall score of 63 out of a possible 100.
That score is primarily influenced by a short-term technical score of 79. AMAT’s score also includes a fundamental score of 63. In addition to the average rating from Wall Street analysts, AMAT stock has a mean target price of $48.50. This means analysts expect the stock to increase 9.88% over the next 12 months. The long-term technical score for AMAT is 48.
What’s Happening with AMAT Stock Today
Applied Materials, Inc. (AMAT) stock has risen 5.94% while the S&P 500 is higher by 0.18% as of 11:12 AM on Friday, May 17. AMAT is higher by $2.47 from the previous closing price of $41.66 on volume of 9,180,508 shares. Over the past year the S&P 500 has gained 5.85% while AMAT is lower by -19.99%. AMAT earned $4.31 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.24.