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

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMAT shares have decreased by 17.5% and is now trading at $43.30. View which stocks have been mosted impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 1 sell rating, 5 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Applied Materials.

Applied Materials is scheduled to release its next quarterly earnings announcement on Thursday, May 21st 2020. View our earnings forecast for Applied Materials.

Applied Materials, Inc. (NASDAQ:AMAT) released 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 quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. View Applied Materials' earnings history.

Applied Materials announced a quarterly dividend on Friday, March 13th. Investors of record on Thursday, May 21st will be paid a dividend of $0.22 per share on Thursday, June 11th. This represents a $0.88 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Wednesday, May 20th. This is an increase from Applied Materials's previous quarterly dividend of $0.21. View Applied Materials' dividend history.

Applied Materials updated its second quarter earnings guidance on Wednesday, February, 12th. The company provided EPS guidance of $0.98 to $1.10 for the period, compared to the Thomson Reuters consensus EPS 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.

24 equities research analysts have issued twelve-month target prices for Applied Materials' shares. Their forecasts range from $44.00 to $86.00. On average, they anticipate Applied Materials' share price to reach $67.57 in the next twelve months. This suggests a possible upside of 56.0% from the stock's current price. View analysts' price targets for Applied Materials.

Headlines about AMAT stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also gave press coverage 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 stock's share price in the near future. View the latest news aboutApplied Materials.

Applied Materials saw a increase in short interest in March. As of March 13th, there was short interest totaling 18,777,300 shares, an increase of 14.4% from the February 27th total of 16,420,000 shares. Based on an average daily trading volume, of 10,286,400 shares, the short-interest ratio is currently 1.8 days. Currently, 2.1% of the shares of the stock are sold short. 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), Nanometrics (ONTO), Xperi (XPER), Photronics (PLAB), Axcelis Technologies (ACLS) and Ultra Clean (UCTT).

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), Bank of America (BAC), AT&T (T) and Netflix (NFLX).

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

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 $43.30.

Applied Materials has a market capitalization of $39.76 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]