π― AMAT: A Material Move Ahead? π―
Kia ora Tiger traders!
Applied Materials ($AMAT) is shaping up for a potentially big turn! However, patience is key, wait for a decisive move to the blue line before considering any entry. This stock isnβt quite ready for action just yet.
π΅ Earnings Buzz:
β’ EPS projection: $2.28 (a solid 7.04% jump YoY).
β’ Revenue forecast: $7.16 billion (+6.74% YoY).
With earnings on the horizon, all eyes are on AMATβs performance. Could this signal a breakout? Stay sharp, this setup may align perfectly with a bigger market trend.
What are your thoughts, Tiger traders? Will AMATβs earnings confirm a bullish run, or is more patience needed for this gem to shine? Drop your insights below! π
π’ Please Like, Repost, and Follow me for sharp setups, stock trends, and actionable insights ππ Iβm all about spotting the next movers and sharing strategies that deliver results! Letβs trade smarter and grow together! πππ
Happy trading ahead! Cheers, BC πππππ
@Tiger_comments @TigerPicks @TigerStars @TigerPM @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Applied Materials (AMAT) Stock Analysis
Company Overview:
Applied Materials (AMAT) is a leading provider of manufacturing equipment, services, and software to the semiconductor industry. The company designs, manufactures, and sells equipment used in the fabrication of semiconductor chips, flat panel displays, and solar photovoltaic cells.
The semiconductor industry is expected to grow significantly in the future due to increasing demand for advanced technology in areas such as artificial intelligence, internet of things, autonomous vehicles, and cloud computing. This presents a promising growth opportunity for Applied Materials.
Earnings Forecast:
2024 Q4 Earnings: The reported EPS for the fourth quarter of 2024 was $2.11. The return on equity (ROE) for the same period was 36.60%. The gross profit margin stood at 47.34%, and the net profit margin was 24.57%. The company's financial indicators demonstrate a positive performance in terms of profitability and efficiency.
Earnings Projection: Looking into the future, analysts forecast a steady growth in earnings for Applied Materials. For the 2027 full-year report, the estimated EPS is $10.97, with a projected gross income of $33.60 billion and an estimated EBIT of $10.34 billion. Similarly, for the years 2025 and 2026, the estimated EPS is $9.44 and $10.57, respectively.
Stock Price and Support/Resistance Levels:
Stock Price: As of December 30, 2024, the stock price of Applied Materials is $166.83 per share.
Support and Resistance Levels: The support and resistance levels as of December 27, 2024, are as follows:
Support: $164.66
Resistance: $171.36
These levels can serve as reference points for traders in determining potential entry and exit points for their positions.
Analyst Recommendation and Target Price:
Analysts' Recommendation: According to analysts, 7 recommend buying, 20 recommend holding, and 10 have no recommendation for Applied Materials.
Target Price: 32 analysts have provided target price forecasts for Applied Materials. The mean target price estimate is $213.97563, with a low estimate of $155.0 and a high estimate of $250.0.
Capital Flow Data:
5-Day Capital Flow Data: The capital flow data for the past five days is as follows:
12-19: Inflow of 33,886.41 units (K)
12-20: Outflow of 153,374.55 units (K)
12-23: Inflow of 20,900.19 units (K)
12-24: Outflow of 5,990.13 units (K)
12-26: Inflow of 1,792.36 units (K)
This data indicates the movement of capital in and out of Applied Materials' stock over the specified period.
Profiteer Ratio:
The profiteer ratio as of December 27, 2024, is 0.2307. This ratio measures the profitability of a stock relative to its current price.
Recent News and Insights:
Please check the latest news and insights on Applied Materials for a comprehensive understanding of recent developments, market trends, and potential factors affecting the stock price.
Important Disclaimer:
The information provided above is for reference purposes only and should not be considered as investment advice. Investing in the stock market involves inherent risks, and stock prices can fluctuate. It is recommended to conduct further research and analysis or consult with a financial advisor before making investment decisions.
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?