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

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

Applied Materials declared a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.21 per share on Thursday, June 13th. This represents a $0.84 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, May 22nd. This is a boost from Applied Materials's previous quarterly dividend of $0.20. 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. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Thursday, February, 14th. The manufacturing equipment provider reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.02. The manufacturing equipment provider had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.71 billion. Applied Materials had a net margin of 23.50% and a return on equity of 58.28%. Applied Materials's revenue was down 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, May 16th 2019. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its second quarter earnings guidance on Thursday, February, 14th. The company provided earnings per share (EPS) guidance of $0.62-0.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $3.33-3.63 billion, compared to the consensus revenue estimate of $3.66 billion.

24 analysts have issued 12 month target prices for Applied Materials' stock. Their forecasts range from $33.00 to $65.00. On average, they anticipate Applied Materials' stock price to reach $49.90 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Applied Materials.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News stories about AMAT stock have trended negative on Monday, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Applied Materials earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the manufacturing equipment provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next several days.

Applied Materials saw a increase in short interest in the month of March. As of March 15th, there was short interest totalling 15,970,091 shares, an increase of 14.4% from the February 28th total of 13,958,893 shares. Based on an average daily trading volume, of 11,270,431 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.7% of the shares of the company are short sold. View Applied Materials' Current Options Chain.

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

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), Lam Research (LRCX), Advanced Micro Devices (AMD), Netflix (NFLX), Bank of America (BAC), Cisco Systems (CSCO) and Boeing (BA).

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include Global Thematic Partners LLC (0.18%), Calamos Advisors LLC (0.16%), Strs Ohio (0.08%), Jag Capital Management LLC (0.05%), Retirement Systems of Alabama (0.05%) and Oakbrook Investments LLC (0.04%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, 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 Gateway Investment Advisers LLC, Global Thematic Partners LLC, DNB Asset Management AS, Calamos Advisors LLC, Ledyard National Bank, State of Alaska Department of Revenue, Huntington National Bank and Eqis Capital Management Inc.. Company insiders that have sold Applied Materials company stock in the last year include Omkaram Nalamasu, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was purchased by a variety of institutional investors in the last quarter, including Jag Capital Management LLC, Oakbrook Investments LLC, Private Capital Advisors Inc., Pacer Advisors Inc., Ellis Investment Partners LLC, Tibra Equities Europe Ltd, QUANTRES ASSET MANAGEMENT Ltd and Mercer Global Advisors Inc. ADV. 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 $43.79.

Applied Materials has a market capitalization of $41.57 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.

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]