TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
The following ratings changes were generated on Thursday, April 9.
We've upgraded Applied Materials(AMAT Quote) from sell hold, driven by its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.
The debt-to-equity ratio of 0.03 is very low but above the industry average. The 1.3 quick ratio illustrates the ability to avoid short-term cash problems. Revenue declined 36.1% since the year-ago quarter. Return on equity also decreased, implying weakness. EPS declined in the most recent quarter compared with the year-ago quarter, and we feel that they should continue to decline in the coming year. Net income fell from $262.4 million in the year-ago quarter to -$132.9 million. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet