Stocks You Can Set and Forget: Applied Materials, Inc. (AMAT), Fossil Group, Inc. (FOSL)

16 analysts out of 24 Wall Street brokerage firms rate Applied Materials, Inc. (NASDAQ:AMAT) as a Buy, while 0 see it as a Sell. The rest 8 describe it as a Hold. AMAT stock traded higher to an intra-day high of $42.02. At one point in session, its potential discontinued and the price was down to lows at $41.15. Analysts have set AMAT’s consensus price at $47.75, effectively giving it a 14.65% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $65 (up 56.06% from current price levels). AMAT has a 46.4% ROE, higher than the 21.67% average for the industry. The average ROE for the sector is 14.64%.

It is expected that in Jul 2019 quarter AMAT will have an EPS of $0.7, suggesting a -41.67% growth. For Oct 2019 is projected at $0.77. It means that there could be a -20.62% growth in the quarter. Yearly earnings are expected to rise by -33.03% to about $2.98. As for the coming year, growth will be about 18.12%, lifting earnings to $3.52. RSI after the last trading period was 52.15. AMAT recorded a change of 0.65% over the past week and returned 6.99% over the last three months while the AMAT stock’s monthly performance revealed a shift in price of 4.1%. The year to date (YTD) performance stands at 27.21%, and the bi-yearly performance specified an activity trend of 22.43% while the shares have moved -18.11% for the past 12 months.

Applied Materials, Inc. (AMAT) currently trades at $41.65, which is higher by 0.36% its previous price. It has a total of 942 million outstanding shares, with an ATR of around 1.43. The company’s stock volume dropped to 6.88 million, worse than 9.38 million that represents its 50-day average. A 5-day increase of about 0.65% in its price means AMAT is now 27.21% higher on year-to-date. The shares have surrendered $43418.35 since its $51.59 52-week high price recorded on 14th of June 2018. Overall, it has seen a growth rate of -18.11 over the last 12 months. The current price per share is $12.86 above the 52 week low of $28.79 set on 26th of December 2018.

Applied Materials, Inc. (NASDAQ:AMAT)’s EPS was $0.7 as reported for the April quarter. In comparison, the same quarter a year ago had an EPS of $1.22. That means that its growth in general now stands at -43%. Therefore, a prediction of $0.66 given by the analysts brought a positive surprise of 6%. AMAT April quarter revenue was $3.54 billion, compared to $4.57 billion recorded in same quarter last year, giving it a -23% growth rate. The company’s $-1.03 billion revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Fossil Group, Inc. (NASDAQ:FOSL) shares appreciated 0.94% over the last trading period, taking overall 5-day performance up to -0.09%. FOSL’s price now at $10.69 is weaker than the 50-day average of $12.51. Getting the trading period increased to 200 days, the stock price was seen at $17.03 on average. The general public currently hold control of a total of 42.91 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 48.55 million. The company’s management holds a total of 9.3%, while institutional investors hold about 0% of the remaining shares. FOSL share price finished last trade -5.45% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -37.53%, while closing the session with -14.99% distance from 50 day simple moving average.

Fossil Group, Inc. (FOSL) shares were last observed trading -66.77% down since June 22, 2018 when the peak of $32.17 was hit. Last month’s price growth of -21.97% puts FOSL performance for the year now at -32.04%. Consequently, the shares price is trending higher by 13%, a 52-week worst price since May. 31, 2019. However, it is losing value with -36.86% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $10.29 and $10.49. The immediate resistance area is now $10.88 Williams’s %R (14) for FOSL moved to 42.79 while the stochastic %K points at 52.52.

FOSL’s beta is 0.45; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $0.66 per share from its yearly profit to its outstanding shares. Its last reported revenue is $465.3 million, which was -18% versus $569.2 million in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $-0.42 compared to $-0.64 in the year-ago quarter and had represented -34% year-over-year earnings per share growth. FOSL’s ROA is 2.2%, lower than the 4.34% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 6.87%.

Estimated quarterly earnings for Fossil Group, Inc. (NASDAQ:FOSL) are around $-0.07 per share in three months through June with $0.16 also the estimate for September quarter of the fiscal year. It means the growth is estimated at -141.18% and -15.79%, respectively. Analysts estimate full-year growth to be -29.49%, the target being $0.55 a share. The upcoming year will see an increase in growth by percentage to -10.91%, more likely to see it hit the $0.49 per share. The firm’s current profit margin over the past 12 months is 1.3%. FOSL ranks lower in comparison to an average of 6.25% for industry peers; while the average for the sector is 13.21%.