NASDAQ:AMAT - Applied Materials Stock Price, Price Target & More

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

Applied Materials declared a quarterly dividend on Thursday, June 7th. Shareholders of record on Thursday, August 23rd will be paid a dividend of $0.20 per share on Thursday, September 13th. This represents a $0.80 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials declared that its board has approved a share buyback program on Thursday, February 15th 2018, which permits the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to the consensus estimate of $4.45 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. During the same quarter in the previous year, the business posted $0.79 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Applied Materials.

Applied Materials updated its third quarter earnings guidance on Thursday, May, 17th. The company provided earnings per share (EPS) guidance of $1.13-1.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $4.33-4.53 billion, compared to the consensus revenue estimate of $4.54 billion.

23 brokerages have issued 1-year price targets for Applied Materials' stock. Their predictions range from $52.00 to $80.00. On average, they anticipate Applied Materials' stock price to reach $63.9130 in the next year. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Ratings for Applied Materials.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 4 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

Media headlines about AMAT stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Materials earned a daily sentiment score of 0.04 on Accern's scale. They also gave headlines about the manufacturing equipment provider an impact score of 48.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Applied Materials' stock is owned by many different of retail and institutional investors. Top institutional investors include Fred Alger Management Inc. (0.68%), Swedbank (0.36%), Bank of Montreal Can (0.25%), NN Investment Partners Holdings N.V. (0.11%), Calamos Advisors LLC (0.09%) and Gateway Investment Advisers LLC (0.08%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Stephen R Forrest, 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 Swedbank, Boston Advisors LLC, Bank of Montreal Can, Calamos Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., NN Investment Partners Holdings N.V. and Retirement Systems of Alabama. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, Ali Salehpour, Omkaram Nalamasu, Stephen R Forrest, Thomas F Larkins and Thomas J Iannotti. View Insider Buying and Selling for Applied Materials.

AMAT stock was bought by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Reilly Financial Advisors LLC, Jacobs & Co. CA, Sit Investment Associates Inc., Pendal Group Ltd, Mitsubishi UFJ Asset Management UK Ltd., Mitsubishi UFJ Asset Management UK Ltd. and James Investment Research Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $46.67.

Applied Materials has a market capitalization of $47.68 billion and generates $14.54 billion in revenue each year. The manufacturing equipment provider earns $3.43 billion in net income (profit) each year or $3.25 on an earnings per share basis. Applied Materials employs 18,400 workers across the globe.

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