Applied Materials Stock Forecast, Price & News

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AMAT shares have increased by 106.0% and is now trading at $108.12.
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22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 5 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Applied Materials stock.
View analyst ratings for Applied Materials or view MarketBeat's top 5 stock picks.

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567 employees have rated Applied Materials CEO Gary Dickerson on Glassdoor.com. Gary Dickerson has an approval rating of 93% among Applied Materials' employees. This puts Gary Dickerson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Applied Materials is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Applied Materials.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Tuesday, November, 17th. The manufacturing equipment provider reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.08. The manufacturing equipment provider had revenue of $4.69 billion for the quarter, compared to analysts' expectations of $4.60 billion. Applied Materials had a trailing twelve-month return on equity of 40.65% and a net margin of 21.04%. The firm's quarterly revenue was up 24.9% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS.
View Applied Materials' earnings history.

Applied Materials declared a quarterly dividend on Thursday, December 3rd. Shareholders of record on Thursday, February 25th will be paid a dividend of $0.22 per share on Thursday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, February 24th.
View Applied Materials' dividend history.

Applied Materials pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.83%. Applied Materials has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Applied Materials is 21.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Applied Materials will have a dividend payout ratio of 15.94% next year. This indicates that Applied Materials will be able to sustain or increase its dividend.
View Applied Materials' dividend history.

Applied Materials issued an update on its first quarter earnings guidance on Thursday, November, 12th. The company provided earnings per share guidance of $1.20-1.32 for the period, compared to the Thomson Reuters consensus estimate of $1.11. The company issued revenue guidance of $4.75-5.15 billion, compared to the consensus revenue estimate of $4.53 billion.

22 brokerages have issued 1 year target prices for Applied Materials' shares. Their forecasts range from $56.00 to $130.00. On average, they expect Applied Materials' stock price to reach $91.52 in the next twelve months. This suggests that the stock has a possible downside of 15.4%.
View analysts' price targets for Applied Materials or view Wall Street analyst' top-rated stocks.

Some companies that are related to Applied Materials include Lam Research (LRCX), KLA (KLAC), Entegris (ENTG), MKS Instruments (MKSI), Brooks Automation (BRKS), CMC Materials (CCMP), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Onto Innovation (ONTO), Xperi (XPER), Cohu (COHU), Ultra Clean (UCTT), Axcelis Technologies (ACLS) and Veeco Instruments (VECO).
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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), Advanced Micro Devices (AMD), Intel (INTC), Cisco Systems (CSCO), Lam Research (LRCX), QUALCOMM (QCOM), The Walt Disney (DIS) and Netflix (NFLX).

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

Applied Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.13%), New York State Teachers Retirement System (0.13%), Wedge Capital Management L L P NC (0.09%), Ardevora Asset Management LLP (0.09%), Close Asset Management Ltd (0.07%) and Candriam Luxembourg S.C.A. (0.06%). 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 Wedge Capital Management L L P NC, Signature Estate & Investment Advisors LLC, F&V Capital Management LLC, State of Alaska Department of Revenue, Ardevora Asset Management LLP, Pacer Advisors Inc., Grassi Investment Management, and Guinness Atkinson Asset Management Inc. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, Omkaram Nalamasu, and Stephen R Forrest.
View insider buying and selling activity for Applied Materials or view top insider-selling stocks.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Close Asset Management Ltd, CHURCHILL MANAGEMENT Corp, Strs Ohio, Polaris Wealth Advisory Group LLC, Oak Harvest Investment Services, Abner Herrman & Brock LLC, Central Bank & Trust Co., and Louisiana State Employees Retirement System.
View insider buying and selling activity for Applied Materials or or view top insider-buying stocks.

Shares of AMAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $108.12.

Applied Materials has a market capitalization of $98.86 billion and generates $17.20 billion in revenue each year. The manufacturing equipment provider earns $3.62 billion in net income (profit) each year or $4.17 on an earnings per share basis. Applied Materials employs 24,000 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]