NASDAQ:AMATApplied Materials Stock Price, Forecast & News

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AMAT shares have increased by 19.2% and is now trading at $62.59. 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) posted its quarterly earnings data on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 earnings per share 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 announced a quarterly dividend on Thursday, June 11th. Shareholders 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 dividend yield of 1.41%. The ex-dividend date of this dividend is Wednesday, August 19th. View Applied Materials' dividend history.

25 analysts have issued 1-year price targets for Applied Materials' shares. Their forecasts range from $46.00 to $85.00. On average, they expect Applied Materials' share price to reach $67.63 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Applied Materials.

Media coverage about AMAT stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Applied Materials earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned press coverage about the manufacturing equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Applied Materials.

Applied Materials saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 22,100,000 shares, a decline 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 days-to-cover ratio is presently 2.4 days. Currently, 2.4% of the shares of the company 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), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). 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 Wedge Capital Management L L P NC (0.10%), Envestnet Asset Management Inc. (0.07%), MERIAN GLOBAL INVESTORS UK Ltd (0.06%), Polaris Greystone Financial Group LLC (0.05%), State of Alaska Department of Revenue (0.02%) and West Coast Financial LLC (0.01%). 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 MERIAN GLOBAL INVESTORS UK Ltd, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Fulton Bank N. A., IFM Investors Pty Ltd, DNB Asset Management AS, Exane Derivatives, and Cottage Street Advisors LLC. 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 acquired by a variety of institutional investors in the last quarter, including Polaris Greystone Financial Group LLC, Wedge Capital Management L L P NC, American National Bank, Mount Yale Investment Advisors LLC, Ayalon Holdings Ltd., Chesley Taft & Associates LLC, Cypress Capital Group, and Investment Counsel 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 $62.59.

Applied Materials has a market capitalization of $57.36 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]