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

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

Applied Materials announced a quarterly dividend on Thursday, June 7th. Stockholders 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 1.70%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials announced that its board has initiated a stock buyback plan on Thursday, February 15th 2018, which permits the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings data on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to analysts' expectations of $4.45 billion. Applied Materials had a net margin of 19.24% and a return on equity of 51.65%. During the same period in the previous year, the firm earned $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 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 analysts have issued 1-year target prices for Applied Materials' stock. Their forecasts 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 35.9% 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), NXP Semiconductors (NXPI), Analog Devices (ADI), 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 coverage about AMAT stock has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Materials earned a coverage optimism score of 0.11 on Accern's scale. They also assigned press coverage about the manufacturing equipment provider an impact score of 45.76 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Applied Materials' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Swedbank (0.36%), Bank of Montreal Can (0.25%), NN Investment Partners Holdings N.V. (0.11%), Gateway Investment Advisers LLC (0.08%), Grassi Investment Management (0.03%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). 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, Bank of Montreal Can, NN Investment Partners Holdings N.V., Gateway Investment Advisers LLC, Xact Kapitalforvaltning AB, Fjarde AP Fonden Fourth Swedish National Pension Fund, CENTRAL TRUST Co and Hartwell J M Limited Partnership. 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 Mitsubishi UFJ Asset Management UK Ltd., State of Alaska Department of Revenue, Bangor Savings Bank, IFM Investors Pty Ltd, Private Trust Co. NA, CHURCHILL MANAGEMENT Corp, Grassi Investment Management and Guardian Investment Management. 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 $47.03.

Applied Materials has a market capitalization of $46.50 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]