Why Applied Materials Is Up 46% This Year
Shares of the semiconductor equipment maker Applied Materials (NASDAQ: AMAT) have risen 46% this year, according to data provided by S&P Global Market Intelligence, after the company reported two strong quarters that surpassed analysts' expectations.
Applied Materials began its slow and steady ascent this year after the company reported a strong first-quarter 2017 in February. Sales increased 45% year over year to $3.28 billion, and the company's non-GAAP (generally accepted accounting principles) earnings per share of $0.67 set an all-time record for the company. That bested analysts' consensus forecast of $0.66 EPS and helped start the company's share-price rise.
Image source: Getty Images.
Source: Fool.com
Applied Materials Inc. Aktie
183,58 €
-2,22 %
Deutliches Buy-Überwiegen bei Applied Materials Inc. im Vergleich zu Sell-Einschätzungen.
Für Applied Materials Inc. sieht die Community ein Kursziel von 222 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 183.58 € bedeutet.
