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

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

Applied Materials declared a quarterly dividend on Monday, December 9th. Investors of record on Wednesday, February 19th will be given a dividend of $0.21 per share on Wednesday, March 11th. This represents a $0.84 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings data on Wednesday, February, 12th. The manufacturing equipment provider reported $0.98 EPS for the quarter, beating the consensus estimate of $0.92 by $0.06. The manufacturing equipment provider earned $4.16 billion during the quarter, compared to the consensus estimate of $4.11 billion. Applied Materials had a return on equity of 36.15% and a net margin of 18.83%. The company's revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its second quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of $0.98 to $1.10 for the period, compared to the Thomson Reuters consensus estimate of $0.92. The company issued revenue guidance of $4.14 billion to $4.54 billion, compared to the consensus revenue estimate of $4.06 billion.

23 equities research analysts have issued 1 year price objectives for Applied Materials' shares. Their forecasts range from $46.00 to $86.00. On average, they expect Applied Materials' share price to reach $71.27 in the next year. This suggests a possible upside of 22.6% 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 2 sell ratings, 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Press coverage about AMAT stock has trended very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Applied Materials earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news stories about the manufacturing equipment provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Applied Materials.

Applied Materials saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 17,920,000 shares, a drop of 8.3% from the January 15th total of 19,550,000 shares. Based on an average daily volume of 7,170,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.0% of the shares of the company are short sold. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Xperi (XPER), Rudolph Technologies (RTEC), Nanometrics (NANO), Cohu (COHU) and Photronics (PLAB).

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), Cisco Systems (CSCO), Lam Research (LRCX), Netflix (NFLX), AT&T (T) and Bank of America (BAC).

Applied Materials' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.83%), Wealth Quarterback LLC (4.16%), Capital World Investors (3.24%), Capital International Investors (2.36%), FMR LLC (2.12%) and Bank of New York Mellon Corp (1.78%). Company insiders that own Applied Materials stock include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Steve G Ghanayem 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 Capital World Investors, FMR LLC, Bank of New York Mellon Corp, Sound Shore Management Inc. CT, TD Asset Management Inc., AQR Capital Management LLC, Fred Alger Management LLC and Capital International Investors. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, 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 Wealth Quarterback LLC, Man Group plc, Prudential Financial Inc., Geode Capital Management LLC, Point72 Asset Management L.P., Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc. and Wedge Capital Management L L P NC. 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 $58.12.

Applied Materials has a market capitalization of $53.37 billion and generates $14.61 billion in revenue each year. The manufacturing equipment provider earns $2.71 billion in net income (profit) each year or $3.04 on an earnings per share basis. Applied Materials employs 22,000 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]