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

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

Applied Materials declared a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, May 24th will be paid a dividend of $0.20 per share on Thursday, June 14th. This represents a $0.80 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Wednesday, May 23rd. This is a positive change from Applied Materials's previous quarterly dividend of $0.10. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has initiated a stock repurchase plan on Thursday, February 15th 2018, which allows the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Applied Materials (NASDAQ:AMAT) announced its quarterly earnings data on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to analyst estimates of $4.45 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. 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 EPS guidance of $1.13-1.21 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 12 month price targets for Applied Materials' shares. Their predictions range from $52.00 to $80.00. On average, they expect Applied Materials' stock price to reach $64.8261 in the next year. View Analyst Ratings for Applied Materials.

Applied Materials saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 15,039,693 shares, a drop of 10.7% from the April 30th total of 16,832,480 shares. Based on an average daily volume of 11,324,231 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.4% of the shares of the company are short sold.

Some companies that are related to Applied Materials include Taiwan Semiconductor Mfg. (TSM), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), NXP Semiconductors (NXPI), Analog Devices (ADI), Infineon Technologies (IFNNY), Tokyo Electron (TOELY), Kyocera (KYO), Microchip Technology (MCHP), STMicroelectronics (STM), Skyworks Solutions (SWKS), Xilinx (XLNX) and Maxim Integrated (MXIM).

News coverage about AMAT stock has trended very positive this week, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Materials earned a media sentiment score of 0.65 on Accern's scale. They also gave news stories about the manufacturing equipment provider an impact score of 48.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Applied Materials' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.24%), Northern Trust Corp (1.26%), American Century Companies Inc. (1.05%), Epoch Investment Partners Inc. (1.00%), OppenheimerFunds Inc. (0.78%) and LSV Asset Management (0.64%). 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 Old Mutual Global Investors UK Ltd., Point72 Asset Management L.P., Prudential Financial Inc., Millennium Management LLC, Korea Investment CORP, Sei Investments Co., MUFG Securities EMEA plc and Thrivent Financial for Lutherans. 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 BlackRock Inc., Winslow Capital Management LLC, OppenheimerFunds Inc., Sentry Investments Corp., Natixis, Mackay Shields LLC, Schroder Investment Management Group and Toronto Dominion Bank. 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 $50.77.

Applied Materials has a market capitalization of $52.89 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]