NASDAQ:AMAT - Applied Materials Stock Price, News, & Analysis

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

Applied Materials announced a quarterly dividend on Thursday, June 7th. Investors 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 dividend yield of 1.84%. The ex-dividend date is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials declared that its board has authorized a stock buyback program on Thursday, February 15th 2018, which authorizes the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings results on Thursday, August, 16th. The manufacturing equipment provider reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.03. The manufacturing equipment provider had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.42 billion. Applied Materials had a return on equity of 58.23% and a net margin of 19.87%. The firm's revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November, 15th 2018. View Earnings Estimates for Applied Materials.

Applied Materials updated its fourth quarter earnings guidance on Thursday, August, 16th. The company provided EPS guidance of $0.92-1.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.16. The company issued revenue guidance of $3.85-4.15 billion, compared to the consensus revenue estimate of $4.45 billion.

23 Wall Street analysts have issued 1-year target prices for Applied Materials' stock. Their forecasts range from $50.00 to $75.00. On average, they expect Applied Materials' share price to reach $61.4348 in the next twelve months. This suggests a possible upside of 41.1% 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 4 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Applied Materials saw a decline in short interest during the month of July. As of July 13th, there was short interest totalling 15,061,436 shares, a decline of 7.9% from the June 29th total of 16,352,735 shares. Based on an average daily trading volume, of 9,637,036 shares, the short-interest ratio is currently 1.6 days. Approximately 1.5% of the company's shares are sold short. View Applied Materials' Current Options Chain.

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), Kyocera (KYO), Microchip Technology (MCHP), Advanced Micro Devices (AMD), Xilinx (XLNX), STMicroelectronics (STM), Maxim Integrated Products (MXIM) and Skyworks Solutions (SWKS).

News articles about AMAT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Materials earned a media and rumor sentiment score of 0.13 on Accern's scale. They also gave news articles about the manufacturing equipment provider an impact score of 47.96 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Applied Materials.

Applied Materials' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.72%), American Century Companies Inc. (1.38%), Bank of New York Mellon Corp (1.37%), Epoch Investment Partners Inc. (0.89%), OppenheimerFunds Inc. (0.80%) and FMR LLC (0.79%). 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 Egerton Capital UK LLP, BlackRock Inc., Janus Henderson Group PLC, FMR LLC, Los Angeles Capital Management & Equity Research Inc., Waddell & Reed Financial Inc., Marble Arch Investments LP and Epoch Investment Partners Inc.. 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 acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Lansdowne Partners UK LLP, Fred Alger Management Inc., LSV Asset Management, Winslow Capital Management LLC, Sumitomo Mitsui Asset Management Company LTD, Sei Investments Co. and Menora Mivtachim Holdings 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, Scottrade, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $43.53.

Applied Materials has a market capitalization of $44.12 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]