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

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

Applied Materials announced a quarterly dividend on Monday, December 9th. Investors of record on Wednesday, February 19th will be paid a dividend of $0.21 per share on Wednesday, March 11th. This represents a $0.84 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials declared that its board has approved a share repurchase program 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings data on Thursday, November, 14th. The manufacturing equipment provider reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.04. The manufacturing equipment provider earned $3.75 billion during the quarter, compared to analysts' expectations of $3.68 billion. Applied Materials had a return on equity of 35.13% and a net margin of 18.52%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company earned $0.97 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Applied Materials.

Applied Materials updated its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of $0.87-0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.74. The company issued revenue guidance of $$3.95-4.25 billion, compared to the consensus revenue estimate of $$3.71 billion.

22 brokerages have issued 1 year target prices for Applied Materials' shares. Their forecasts range from $46.00 to $80.00. On average, they expect Applied Materials' share price to reach $64.55 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Applied Materials.

22 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 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Headlines about AMAT stock have trended neutral this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring 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 nearest to five being the most favorable. Applied Materials earned a news impact score of 0.5 on InfoTrie's scale. They also gave media coverage 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 immediate future. View News Stories for Applied Materials.

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), Cohu (COHU), Ultra Clean (UCTT), Photronics (PLAB), Nanometrics (NANO) and Xperi (XPER).

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

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (0.19%), Calamos Advisors LLC (0.09%), Wedge Capital Management L L P NC (0.08%), Global Thematic Partners LLC (0.07%), Tocqueville Asset Management L.P. (0.06%) and Assenagon Asset Management S.A. (0.05%). 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 Global Thematic Partners LLC, Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Artemis Investment Management LLP, Marathon Asset Management LLP, DNB Asset Management AS, Beech Hill Advisors Inc. and Manning & Napier Group LLC. 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 bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Zurcher Kantonalbank Zurich Cantonalbank, Johanson Financial Advisors Inc., UNIVEST FINANCIAL Corp, F&V Capital Management LLC, CHURCHILL MANAGEMENT Corp, Clear Street Markets LLC and Benson Investment Management Company Inc.. 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 $63.89.

Applied Materials has a market capitalization of $58.48 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]