Applied Materials Stock Price, News & Analysis (NASDAQ:AMAT)

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

Applied Materials declared a quarterly dividend on Thursday, September 5th. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.21 per share on Thursday, December 12th. This represents a $0.84 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, November 20th. View Applied Materials' Dividend History.

Applied Materials declared that its board has initiated a share repurchase plan on Thursday, February 15th 2018, which permits the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings data on Thursday, August, 15th. The manufacturing equipment provider reported $0.74 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.04. The manufacturing equipment provider had revenue of $3.56 billion for the quarter, compared to analysts' expectations of $3.53 billion. Applied Materials had a return on equity of 39.37% and a net margin of 19.40%. The company's revenue for the quarter was down 14.4% on a year-over-year basis. During the same quarter last year, the business posted $1.20 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its fourth quarter earnings guidance on Thursday, August, 15th. The company provided earnings per share (EPS) guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.76. The company issued revenue guidance of $3.535-3.835 billion, compared to the consensus revenue estimate of $3.66 billion.

23 analysts have issued 12 month price objectives for Applied Materials' stock. Their forecasts range from $40.00 to $60.00. On average, they anticipate Applied Materials' stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for Applied Materials.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News headlines about AMAT stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Applied Materials earned a coverage optimism score of -1.3 on InfoTrie's scale. They also gave news stories about the manufacturing equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Applied Materials.

Applied Materials saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 15,706,400 shares, a drop of 18.0% from the July 31st total of 19,165,400 shares. Based on an average daily volume of 9,280,000 shares, the short-interest ratio is currently 1.7 days. Approximately 1.7% of the company's stock are sold short. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include Texas Instruments (TXN), Broadcom (AVGO), NVIDIA (NVDA), Micron Technology (MU), Analog Devices (ADI), NXP Semiconductors (NXPI), Advanced Micro Devices (AMD), TOKYO ELECTRON/ADR (TOELY), Xilinx (XLNX), Kyocera (KYOCY), Infineon Technologies (IFNNY), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL) and Maxim Integrated Products (MXIM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Materials investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Lam Research (LRCX), Netflix (NFLX), Bank of America (BAC), Cisco Systems (CSCO) and AT&T (T).

Applied Materials' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.82%), BlackRock Inc. (6.69%), BlackRock Inc. (6.69%), Price T Rowe Associates Inc. MD (3.03%), Invesco Ltd. (2.74%) and Bank of New York Mellon Corp (2.10%). Company insiders that own Applied Materials stock include Ali Salehpour, Dennis D Powell, Omkaram Nalamasu, Stephen R Forrest, Steve G Ghanayem, Thomas F Larkins and Thomas J Iannotti. View Institutional Ownership Trends for Applied Materials.

AMAT stock was sold by a variety of institutional investors in the last quarter, including Lansdowne Partners UK LLP, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Nuance Investments LLC, Calamos Advisors LLC, LSV Asset Management and Pictet Asset Management Ltd.. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Omkaram Nalamasu, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Price T Rowe Associates Inc. MD, Generation Investment Management LLP, AQR Capital Management LLC, Cambiar Investors LLC, Polaris Greystone Financial Group LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Applied Materials.

Shares of AMAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $50.96.

Applied Materials has a market capitalization of $47.07 billion and generates $17.25 billion in revenue each year. The manufacturing equipment provider earns $3.31 billion in net income (profit) each year or $4.45 on an earnings per share basis. Applied Materials employs 21,000 workers across the globe.View Additional Information About Applied Materials.

The official website for Applied Materials is http://www.appliedmaterials.com/.

Applied Materials' mailing address is 3050 Bowers Avenue P.O. Box 58039, Santa Clara CA, 95052. The manufacturing equipment provider can be reached via phone at 408-727-5555 or via email at [email protected]