NASDAQ:AMATApplied 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 increased by 19.6% and is now trading at $62.77. View which stocks have been most impacted by Coronavirus.

25 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 19 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, August 20th 2020. View our earnings forecast for Applied Materials.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 EPS for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.02. The manufacturing equipment provider had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $4.20 billion. Applied Materials had a return on equity of 37.13% and a net margin of 18.89%. During the same quarter last year, the business earned $0.70 earnings per share. View Applied Materials' earnings history.

Applied Materials declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.22 per share on Thursday, September 10th. This represents a $0.88 annualized dividend and a yield of 1.40%. The ex-dividend date is Wednesday, August 19th. View Applied Materials' dividend history.

25 Wall Street analysts have issued 1 year price targets for Applied Materials' stock. Their forecasts range from $46.00 to $85.00. On average, they expect Applied Materials' share price to reach $67.63 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View analysts' price targets for Applied Materials.

Press coverage about AMAT stock has trended negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Applied Materials earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the manufacturing equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Applied Materials.

Applied Materials saw a drop in short interest in June. As of June 30th, there was short interest totaling 22,100,000 shares, a drop of 6.4% from the June 15th total of 23,600,000 shares. Based on an average daily trading volume, of 9,140,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.4% of the company's 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), Ultra Clean (UCTT), Axcelis Technologies (ACLS), Xperi (XPER) and Photronics (PLAB). View all competitors.

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), Walt Disney (DIS), AT&T (T), Lam Research (LRCX) and Netflix (NFLX).

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

Applied Materials' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), American National Bank (0.01%), Bangor Savings Bank (0.00%) and IBM Retirement Fund (0.00%). Company insiders that own Applied Materials stock include Alexander Karsner, Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest and Steve G Ghanayem. View institutional ownership trends for Applied Materials.

AMAT stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Fulton Bank N. A., DNB Asset Management AS, Patton Fund Management Inc., Municipal Employees Retirement System of Michigan, Diversified Trust Co, and IBM Retirement Fund. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, Dennis D Powell, Gary E Dickerson, Prabu G Raja, Stephen R Forrest, and Steve G Ghanayem. View insider buying and selling activity for Applied Materials.

AMAT stock was purchased by a variety of institutional investors in the last quarter, including American National Bank, Ayalon Holdings Ltd., Chesley Taft & Associates LLC, Smithbridge Asset Management Inc. DE, ELM Advisors LLC, Farmers Trust Co., Trinity Legacy Partners LLC, and Stonebridge Capital Management Inc.. View insider buying and selling activity 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 $62.77.

Applied Materials has a market capitalization of $57.53 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.

The official website for Applied Materials is 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]