Applied Materials Company Profile (NASDAQ:AMAT)

About Applied Materials (AMAT)

Applied Materials logoApplied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. The Company's segments are Semiconductor Systems, which includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation; Applied Global Services, which provides integrated solutions to optimize equipment and fab performance and productivity; Display and Adjacent Markets, which includes products for manufacturing liquid crystal displays, organic light-emitting diodes, upgrades and roll-to-roll Web coating systems and other display technologies for televisions, personal computers, smart phones and other consumer-oriented devices, and Corporate and Other segment, which includes revenues from products, as well as costs of products sold for fabricating solar photovoltaic cells and modules, and certain operating expenses.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Semiconductor Equipment
  • Exchange: NASDAQ
  • Symbol: AMAT
  • CUSIP: 03822210
Key Metrics:
  • Previous Close: $38.87
  • 50 Day Moving Average: $37.25
  • 200 Day Moving Average: $32.71
  • 52-Week Range: $19.46 - $39.81
  • Trailing P/E Ratio: 19.99
  • Foreward P/E Ratio: 13.78
  • P/E Growth: 0.68
  • Market Cap: $41.97B
  • Outstanding Shares: 1,079,831,000
  • Beta: 1.81
Profitability:
  • Net Margins: 15.90%
  • Return on Equity: 28.09%
  • Return on Assets: 14.26%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 2.30%
  • Quick Ratio: 1.74%

Analyst Ratings

Consensus Ratings for Applied Materials (NASDAQ:AMAT) (?)
Ratings Breakdown: 4 Hold Ratings, 19 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $35.62 (8.36% downside)

Analysts' Ratings History for Applied Materials (NASDAQ:AMAT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/24/2017Needham & Company LLCReiterated RatingBuy$43.00N/AView Rating Details
2/22/2017ArgusReiterated RatingBuy$34.00 -> $43.00N/AView Rating Details
2/18/2017B. RileyReiterated RatingBuy$44.00N/AView Rating Details
2/17/2017InstinetBoost Price TargetBuy$34.00 -> $40.00N/AView Rating Details
2/16/2017Credit Suisse Group AGReiterated RatingOutperform$42.00N/AView Rating Details
2/16/2017Royal Bank of CanadaBoost Price TargetSector Perform$30.00 -> $35.00N/AView Rating Details
2/14/2017Bank of America CorpSet Price TargetBuy$40.00N/AView Rating Details
2/13/2017Stifel NicolausBoost Price TargetBuy$37.00 -> $42.00N/AView Rating Details
2/13/2017Cowen and CompanyBoost Price TargetOutperform -> Outperform$33.00 -> $40.00N/AView Rating Details
1/21/2017Summit RedstoneReiterated RatingBuyN/AView Rating Details
12/28/2016Susquehanna Bancshares IncReiterated RatingNeutral$25.00 -> $27.00N/AView Rating Details
12/19/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$35.00N/AView Rating Details
12/16/2016Evercore ISIReiterated RatingBuy$34.00 -> $38.00N/AView Rating Details
11/18/2016Deutsche Bank AGReiterated RatingBuy$33.00N/AView Rating Details
9/22/2016NomuraReiterated RatingBuy$31.00N/AView Rating Details
9/22/2016Pacific CrestReiterated RatingBuyN/AView Rating Details
9/22/2016Berenberg BankBoost Price TargetBuy$30.00 -> $35.00N/AView Rating Details
9/19/2016Citigroup IncSet Price TargetBuy$37.00N/AView Rating Details
8/21/2016S&P Equity ResearchSet Price TargetHold$31.00N/AView Rating Details
8/16/2016Morgan StanleyReiterated RatingBuy$25.00N/AView Rating Details
8/16/2016DA DavidsonReiterated RatingBuy$28.00 -> $32.00N/AView Rating Details
5/22/2016JPMorgan Chase & Co.Reiterated RatingOverweight$24.00 -> $27.00N/AView Rating Details
4/1/2016BNP ParibasBoost Price TargetBuy$28.00N/AView Rating Details
2/19/2016Summit ResearchReiterated RatingHoldN/AView Rating Details
12/8/2015Craig HallumReiterated RatingBuy$30.00N/AView Rating Details
10/8/2015KeyCorpLower Price TargetOverweight$22.00 -> $20.00N/AView Rating Details
8/14/2015Jefferies Group LLCReiterated RatingBuy$28.00 -> $25.00N/AView Rating Details
8/6/2015Piper Jaffray CompaniesReiterated RatingBuy$25.00N/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Applied Materials (NASDAQ:AMAT)
Earnings by Quarter for Applied Materials (NASDAQ:AMAT)
Earnings History by Quarter for Applied Materials (NASDAQ:AMAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/18/2017        
2/15/2017Q117$0.66$0.67$3.27 billion$3.28 billionViewListenView Earnings Details
11/17/2016Q416$0.65$0.66$3.31 billion$3.30 billionViewListenView Earnings Details
8/18/2016Q316$0.48$0.50$2.84 billion$2.82 billionViewListenView Earnings Details
5/19/2016Q216$0.32$0.34$2.42 billion$2.45 billionViewListenView Earnings Details
2/18/2016Q116$0.25$0.26$2.24 billion$2.26 billionViewListenView Earnings Details
11/12/2015Q415$0.29$0.29$2.40 billion$2.42 billionViewListenView Earnings Details
8/13/2015Q315$0.33$0.33$2.54 billion$2.49 billionViewListenView Earnings Details
5/14/2015Q215$0.28$0.29$2.40 billion$2.44 billionViewListenView Earnings Details
2/11/2015Q115$0.27$0.27$2.33 billion$2.36 billionViewListenView Earnings Details
11/13/2014Q414$0.27$0.27$2.27 billion$2.26 billionViewListenView Earnings Details
8/14/2014Q314$0.27$0.28$2.29 billion$2.27 billionViewListenView Earnings Details
5/15/2014Q214$0.28$0.28$2.35 billion$2.35 billionViewListenView Earnings Details
2/12/2014Q114$0.19$0.23$2.13 billion$2.19 billionViewListenView Earnings Details
11/14/2013Q413$0.18$0.19$1.99 billion$1.99 billionViewListenView Earnings Details
8/15/2013Q3 2013$0.19$0.18$2.06 billion$1.98 billionViewListenView Earnings Details
5/16/2013Q2 2013$0.13$0.16$1.91 billion$1.97 billionViewListenView Earnings Details
2/13/2013Q1 2013$0.03$0.06$1.54 billion$1.57 billionViewListenView Earnings Details
11/15/2012Q412$0.03$0.06$1.58 billion$1.65 billionViewN/AView Earnings Details
8/15/2012$0.22$0.24ViewN/AView Earnings Details
5/17/2012$0.24$0.27ViewN/AView Earnings Details
2/16/2012$0.12$0.18ViewN/AView Earnings Details
11/16/2011$0.20$0.21ViewN/AView Earnings Details
8/24/2011$0.33$0.35ViewN/AView Earnings Details
5/24/2011$0.37$0.38ViewN/AView Earnings Details
2/24/2011$0.33$0.36ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Applied Materials (NASDAQ:AMAT)
Current Year EPS Consensus Estimate: $2.65 EPS
Next Year EPS Consensus Estimate: $2.82 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.25$0.26$0.26
Q2 20169$0.25$0.31$0.28
Q3 20166$0.32$0.48$0.38
Q4 20165$0.33$0.50$0.40
Q1 20173$0.63$0.66$0.65
Q2 20173$0.58$0.77$0.70
Q3 20173$0.54$0.65$0.59
Q4 20173$0.52$0.58$0.54
Q1 20182$0.58$0.61$0.60
Q2 20182$0.67$0.70$0.69
Q3 20182$0.74$0.83$0.79
Q4 20182$0.69$0.78$0.74
Q1 20191$0.66$0.66$0.66
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Applied Materials (NASDAQ:AMAT)
Next Dividend:6/15/2017
Annual Dividend:$0.40
Dividend Yield:1.03%
Payout Ratio:25.64% (Trailing 12 Months of Earnings)
15.09% (Based on This Year's Estimates)
14.18% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Applied Materials (NASDAQ:AMAT)

Dividend History by Quarter for Applied Materials (NASDAQ:AMAT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/10/2017quarterly$0.101.05%5/23/20175/25/20176/15/2017
3/9/2017quarterly$0.106/15/20175/25/2017
12/1/2016quarterly$0.101.27%2/17/20172/22/20173/15/2017
9/8/2016quarterly$0.101.39%11/22/201611/25/201612/15/2016
6/9/2016quarterly$0.101.66%8/23/20168/25/20169/15/2016
3/11/2016quarterly$0.102%5/24/20165/26/20166/16/2016
12/9/2015quarterly$0.102.1%2/23/20162/25/20163/17/2016
9/10/2015quarterly$0.102.56%11/17/201511/19/201512/10/2015
6/5/2015quarterly$0.101.99%8/18/20158/20/20159/10/2015
3/9/2015quarterly$0.101.7%5/19/20155/21/20156/11/2015
12/10/2014quarterly$0.101.68%2/13/20152/18/20153/11/2015
9/9/2014quarterly$0.101.78%11/18/201411/20/201412/11/2014
6/11/2014quarterly$0.101.83%8/19/20148/21/20149/11/2014
12/10/2013quarterly$0.102.38%2/14/20142/19/20143/12/2014
9/11/2013quarterly$0.102.51%11/19/201311/21/201312/12/2013
6/18/2013quarterly$0.102.5%8/20/20138/22/20139/12/2013
3/6/2013quarterly$0.102.93%5/21/20135/23/20136/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Applied Materials (NASDAQ:AMAT)
Insider Ownership Percentage: 0.31%
Institutional Ownership Percentage: 82.52%
Insider Trades by Quarter for Applied Materials (NASDAQ:AMAT)
Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)
Insider Trades by Quarter for Applied Materials (NASDAQ:AMAT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2017Thomas F LarkinsVPSell100,000$31.94$3,194,000.00View SEC Filing  
1/3/2017Dennis D PowellDirectorSell21,017$31.95$671,493.15View SEC Filing  
11/29/2016Stephen R. ForrestDirectorSell4,800$31.86$152,928.00View SEC Filing  
10/7/2016Gary E. DickersonInsiderSell229,935$29.71$6,831,368.85View SEC Filing  
9/1/2016Omkaram NalamasuVPSell99,491$30.15$2,999,653.65View SEC Filing  
8/26/2016Omkaram NalamasuVPSell26,035$30.15$784,955.25View SEC Filing  
8/23/2016Stephen R. ForrestDirectorSell5,000$30.00$150,000.00View SEC Filing  
6/24/2016Ali SalehpourVPSell35,505$24.06$854,250.30View SEC Filing  
6/22/2016Ali SalehpourVPSell35,504$23.95$850,320.80View SEC Filing  
6/20/2016Ali SalehpourVPSell17,752$23.89$424,095.28View SEC Filing  
6/3/2016Ali SalehpourVPSell40,000$24.37$974,800.00View SEC Filing  
5/25/2016Thomas J IannottiDirectorSell15,000$23.67$355,050.00View SEC Filing  
5/23/2016Stephen R ForrestDirectorSell5,000$22.86$114,300.00View SEC Filing  
4/6/2016Susan M JamesDirectorSell8,980$20.78$186,604.40View SEC Filing  
3/11/2016Stephen R ForrestDirectorSell5,000$19.99$99,950.00View SEC Filing  
11/16/2015Stephen R ForrestDirectorSell5,000$17.67$88,350.00View SEC Filing  
10/2/2015Randhir ThakurEVPSell88,435$14.74$1,303,531.90View SEC Filing  
9/24/2015Gary E DickersonCEOBuy30,000$14.34$430,200.00View SEC Filing  
8/21/2015Gary E DickersonCEOBuy10,000$15.68$156,800.00View SEC Filing  
6/24/2015Randhir ThakurEVPSell164,000$20.14$3,302,960.00View SEC Filing  
6/23/2015Robert J HallidayCFOSell25,000$19.99$499,750.00View SEC Filing  
6/18/2015Susan M JamesDirectorSell14,460$19.62$283,705.20View SEC Filing  
6/1/2015Omkaram NalamasuVPSell42,664$20.30$866,079.20View SEC Filing  
5/27/2015Michael R SplinterDirectorSell500,000$20.21$10,105,000.00View SEC Filing  
5/22/2015Michael R SplinterDirectorSell200,000$20.14$4,028,000.00View SEC Filing  
7/3/2014Randhir ThakurEVPSell70,295$22.83$1,604,834.85View SEC Filing  
6/20/2014Thomas J IannottiDirectorSell20,000$22.73$454,600.00View SEC Filing  
5/22/2014Jay KerleyVPSell6,755$19.94$134,694.70View SEC Filing  
4/4/2014Thomas IannottiDirectorSell4,000$20.82$83,280.00View SEC Filing  
3/28/2014Stephen ForrestDirectorSell5,000$20.25$101,250.00View SEC Filing  
3/19/2014Alexander KarsnerDirectorSell45,706$19.47$889,895.82View SEC Filing  
2/25/2014Randhir ThakurEVPSell180,000$19.13$3,443,400.00View SEC Filing  
10/4/2013Thomas IannottiDirectorSell25,000$17.45$436,250.00View SEC Filing  
8/23/2013Mary HumistonVPSell120,000$15.66$1,879,200.00View SEC Filing  
7/2/2013Jay KerleyVPSell3,208$14.81$47,510.48View SEC Filing  
7/1/2013Charles C PappisVPSell21,667$14.91$323,054.97View SEC Filing  
6/25/2013Alexander KarsnerDirectorSell37,550$15.25$572,637.50View SEC Filing  
5/31/2013Gary E DickersonPresidentSell265,008$15.31$4,057,272.48View SEC Filing  
5/30/2013Stephen R ForrestDirectorSell5,000$15.31$76,550.00View SEC Filing  
5/29/2013Randhir ThakurEVPSell225,000$14.78$3,325,500.00View SEC Filing  
5/21/2013Michael R SplinterCEOSell300,000$14.71$4,413,000.00View SEC Filing  
5/20/2013Omkaram NalamasuVPSell54,261$14.97$812,287.17View SEC Filing  
10/5/2012Robert Holmes SwanDirectorBuy8,890$11.22$99,745.80View SEC Filing  
8/30/2012Gerhard H ParkerDirectorBuy50,000$11.53$576,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Applied Materials (NASDAQ:AMAT)
Latest Headlines for Applied Materials (NASDAQ:AMAT)
Source:
DateHeadline
globenewswire.com logoApplied Materials Prices $2.2 Billion of Senior Unsecured Notes - GlobeNewswire (press release)
globenewswire.com - March 29 at 3:37 PM
finance.yahoo.com logoApplied Materials Prices $2.2 Billion of Senior Unsecured Notes
finance.yahoo.com - March 28 at 8:28 PM
nasdaq.com logoWhy Is Applied Materials (AMAT) Up 11% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - March 21 at 3:53 PM
us.rd.yahoo.com logoWhy Is Applied Materials (AMAT) Up 11% Since the Last Earnings Report?
us.rd.yahoo.com - March 21 at 10:35 AM
us.rd.yahoo.com logoBig-Cap Techs Rule; Will These 4 Top Stocks Furnish Buy Points Soon?
us.rd.yahoo.com - March 20 at 3:48 PM
finance.yahoo.com logo3 'Positive Sentiment' Stocks for Your 2017 Portfolio
finance.yahoo.com - March 20 at 3:48 PM
nasdaq.com logoSurging Earnings Estimates Signal Good News for Applied Materials (AMAT) - Nasdaq
www.nasdaq.com - March 18 at 3:25 PM
americanbankingnews.com logoApplied Materials, Inc. (AMAT) Given Consensus Recommendation of “Buy” by Analysts
www.americanbankingnews.com - March 15 at 11:37 AM
fool.com logoWhat Is Applied Materials' Competitive Advantage?
www.fool.com - March 14 at 8:27 PM
biz.yahoo.com logoAPPLIED MATERIALS INC /DE Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - March 10 at 9:16 PM
prnewswire.com logoHow These Semiconductor Stocks are Faring? -- Applied Materials, Oclaro, Lam Research, and KLA-Tencor - PR Newswire (press release)
www.prnewswire.com - March 10 at 4:16 PM
reuters.com logoBRIEF-Applied Materials names Thomas J. Iannotti as chairman
www.reuters.com - March 9 at 8:33 PM
us.rd.yahoo.com logo3:21 pm Applied Materials names Thomas Iannotti Chairman of the Board effective immediately
us.rd.yahoo.com - March 9 at 8:33 PM
feeds.benzinga.com logoApplied Materials Announces Cash Dividend
feeds.benzinga.com - March 9 at 6:58 PM
finance.yahoo.com logoApplied Materials Names Thomas J. Iannotti Chairman of the Board of Directors
finance.yahoo.com - March 9 at 3:33 PM
finance.yahoo.com logoNew highs in the CNBC IQ 100 Index
finance.yahoo.com - March 7 at 3:31 PM
finance.yahoo.com logoHow Trump’s election inspired a new investing model
finance.yahoo.com - March 7 at 3:31 PM
fool.com logo5 Things You Need to Know About Applied Materials
www.fool.com - March 6 at 3:26 PM
finance.yahoo.com logoWhy Applied Materials (AMAT) Could Be an Impressive Growth Stock
finance.yahoo.com - March 6 at 11:12 AM
seekingalpha.com logoApplied Materials: My Favorite Cheap Stock - Seeking Alpha
seekingalpha.com - March 3 at 3:43 PM
nasdaq.com logoApplied Materials (AMAT) Hits 52-Week High on Strong Q1 - Nasdaq
www.nasdaq.com - March 2 at 3:45 PM
finance.yahoo.com logoApplied Materials (AMAT) Hits 52-Week High on Strong Q1
finance.yahoo.com - March 2 at 3:45 PM
finance.yahoo.com logoAPPLIED MATERIALS INC /DE Financials
finance.yahoo.com - March 1 at 3:28 PM
nasdaq.com logoApplied Materials (AMAT): Why Investors Should Include It In Their Portfolio - Nasdaq
www.nasdaq.com - March 1 at 8:11 AM
finance.yahoo.com logoApplied Materials (AMAT): Why Investors Should Include It In Their Portfolio
finance.yahoo.com - February 28 at 9:14 AM
finance.yahoo.com logoBull of the Day: Applied Materials (AMAT)
finance.yahoo.com - February 27 at 3:38 PM
marketwatch.com logo10-Q: APPLIED MATERIALS INC /DE
www.marketwatch.com - February 24 at 11:08 AM
biz.yahoo.com logoAPPLIED MATERIALS INC /DE Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - February 23 at 8:30 PM
seekingalpha.com logoNew Technologies Are Eroding Applied Materials' NAND And Display Revenues - Seeking Alpha
seekingalpha.com - February 23 at 3:30 PM
finance.yahoo.com logoWhy Applied Materials (AMAT) Could Be Positioned for a Surge - Yahoo Finance
finance.yahoo.com - February 23 at 3:30 PM
finance.yahoo.com logoRoyal Caribbean Cruises, Pool, Cracker Barrel Old Country Store, Kate Spade & Company and Applied Materials
finance.yahoo.com - February 23 at 3:30 PM
benzinga.com logoFollowing Record Quarter, Applied Materials Is Positioned For The Future
www.benzinga.com - February 22 at 8:31 PM
us.rd.yahoo.com logoWhy Applied Materials (AMAT) Stock Might be a Great Pick
us.rd.yahoo.com - February 22 at 11:33 AM
us.rd.yahoo.com logoWhy Applied Materials (AMAT) Could Be Positioned for a Surge
us.rd.yahoo.com - February 22 at 11:33 AM
finance.yahoo.com logoZacks.com featured highlights: Applied Materials, General Motors, Citizens Financial Group, Chicago Bridge & Iron and Impax Laboratories
finance.yahoo.com - February 22 at 11:33 AM
finance.yahoo.com logoWhy Applied Materials (AMAT) Stock Might be a Great Pick - Yahoo Finance
finance.yahoo.com - February 21 at 3:46 PM

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Frequently Asked Questions for Applied Materials (NASDAQ:AMAT)

What is Applied Materials' stock symbol?

Applied Materials trades on the NASDAQ under the ticker symbol "AMAT."

How often does Applied Materials pay dividends? What is the dividend yield for Applied Materials?

Applied Materials announced a quarterly dividend on Friday, March 10th. Investors of record on Thursday, May 25th will be paid a dividend of $0.10 per share on Thursday, June 15th. This represents a $0.40 annualized dividend and a yield of 1.03%. The ex-dividend date is Tuesday, May 23rd.

How were Applied Materials' earnings last quarter?

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings results on Wednesday, February, 15th. The company reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.66 by $0.01. The firm had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.27 billion. Applied Materials had a net margin of 15.90% and a return on equity of 28.09%. During the same period last year, the firm earned $0.26 earnings per share.

When will Applied Materials make its next earnings announcement?

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, May, 18th 2017.

What guidance has Applied Materials issued on next quarter's earnings?

Applied Materials updated its second quarter earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62. The company issued revenue guidance of $3450-3600, compared to the consensus revenue estimate of $3.21 billion.

Where is Applied Materials' stock going? Where will Applied Materials' stock price be in 2017?

23 equities research analysts have issued 1 year price objectives for Applied Materials' stock. Their forecasts range from $25.00 to $44.00. On average, they anticipate Applied Materials' stock price to reach $35.62 in the next year.

What are analysts saying about Applied Materials stock?

Here are some recent quotes from research analysts about Applied Materials stock:

  • 1. According to Zacks Investment Research, "Applied Materials is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. The company's first quarter fiscal 2017 results beat the Zacks Consensus Estimate on earnings and revenues. Over the last one year, the stock has outperformed the Zacks characterized Semi-Equipment Wafer Fab industry. Applied Materials is in a great position to grow sustainably and profitably based on its strong pipeline of enabling technologies, supported by expanding opportunities on the semiconductor, service and display fronts. Nevertheless, high fixed cost structure and customer concentration remain concerns." (2/17/2017)
  • 2. Instinet analysts commented, "AMAT reported in-line but solid F1Q and guided F2Q well above, driven by strength in Display (+122% y/y) and SSG (+51% y/y). As such, we are raising our target price from $34 to $40, based on 13.5x our CY18E EPS. F1Q results in line. F2Q guidance strong. WFE outlook positive. Upside to FY19 target model." (2/17/2017)
  • 3. Needham & Company LLC analysts commented, "The very strong F1Q17 (Jan) bookings and F2Q17 (Apr) guidance that is likely above buy-side expectations should silence any critics on AMAT's ability to continue to deliver profitable growth. Certainly, investors will likely continue to fear a softer CY2H17 especially with the exceptional near-term performance, but management sounded confident that its FY2H17 will at least grow YoY, supported by more back-end loaded Display revenue, broadening of foundry/logic demand, as well as AMAT's own share gains and solid product momentum. We continue to believe AMAT's strategy of targeting differentiated products around industry inflections will drive multiple years of profitable growth ahead, supporting a higher stock price." (2/16/2017)
  • 4. Stifel Nicolaus analysts commented, "We maintain our view that Applied is the best-positioned name over the next several years with sustainable growth and one where we expect the company to outperform its peers during this time. We also believe the company is tracking ahead of its target model (for 2019) set at its Analyst Day last September. We are raising our target price to $42, which reflects the same 15x multiple on our long-term target model EPS of $2.80, including options." (2/13/2017)
  • 5. Cowen and Company analysts commented, "While an incredibly big order # begs inevitable cyclical concerns, in 20yrs of covering AMAT we have never seen such out-year confidence ('18!) this early in a year. Shipments should fade somewhat in '17, but China is on the come (OLED and semis) and FCF over the next 6-8Qs should facilitate massive increases in capital return. We already took up numbers and see no reason to change our $40 target." (2/13/2017)

Who owns Applied Materials stock?

Applied Materials' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.69%), FMR LLC (2.55%), AQR Capital Management LLC (1.62%), Norges Bank (0.88%), Janus Capital Management LLC (0.62%) and Putnam Investments LLC (0.48%). Company insiders that own Applied Materials stock include Ali Salehpour, Dennis D Powell, Gary E Dickerson, Michael R Splinter, Omkaram Nalamasu, Randhir Thakur, Robert J Halliday, Stephen R Forrest, Susan M James, Thomas F Larkins and Thomas J Iannotti.

Who sold Applied Materials stock? Who is selling Applied Materials stock?

Applied Materials' stock was sold by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., Levin Capital Strategies L.P., Prudential PLC, Renaissance Technologies LLC, Calamos Advisors LLC, RidgeWorth Capital Management LLC, Edge Asset Management Inc. and Systematic Financial Management LP. Company insiders that have sold Applied Materials stock in the last year include Ali Salehpour, Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Stephen R Forrest, Susan M James, Thomas F Larkins and Thomas J Iannotti.

Who bought Applied Materials stock? Who is buying Applied Materials stock?

Applied Materials' stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, AQR Capital Management LLC, Russell Investments Group Ltd., Marshall Wace LLP, Janus Capital Management LLC, Asset Management One Co. Ltd., Flinton Capital Management LLC and Putnam Investments LLC.

How do I buy Applied Materials stock?

Shares of Applied Materials can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Applied Materials stock cost?

One share of Applied Materials stock can currently be purchased for approximately $38.87.

Applied Materials (AMAT) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff