NASDAQ:AMAT - Applied Materials Stock Price, News, Headlines & Rumors

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

Applied Materials announced a quarterly dividend on Thursday, June 7th. Investors of record on Thursday, August 23rd will be given a dividend of $0.20 per share on Thursday, September 13th. This represents a $0.80 annualized dividend and a yield of 1.65%. The ex-dividend date is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has initiated a share buyback plan on Thursday, February 15th 2018, which permits the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Applied Materials, Inc. (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 consensus estimate of $1.14 by $0.08. The manufacturing equipment provider had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.45 billion. Applied Materials had a net margin of 19.24% and a return on equity of 51.65%. During the same quarter in the prior year, the company 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 issued an update on its third quarter earnings guidance on Thursday, May, 17th. The company provided earnings per share (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 brokers have issued twelve-month target prices for Applied Materials' shares. Their predictions range from $52.00 to $80.00. On average, they expect Applied Materials' share price to reach $63.9130 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View Analyst Price Targets for Applied Materials.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 4 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Applied Materials saw a drop in short interest during the month of July. As of July 13th, there was short interest totalling 15,061,436 shares, a drop of 7.9% from the June 29th total of 16,352,735 shares. Based on an average daily trading volume, of 9,637,036 shares, the short-interest ratio is presently 1.6 days. Approximately 1.5% of the shares of the stock are short sold. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), Kyocera (KYO), Advanced Micro Devices (AMD), STMicroelectronics (STM), Xilinx (XLNX), Maxim Integrated Products (MXIM) and Skyworks Solutions (SWKS).

News articles about AMAT stock have been trending somewhat positive on Wednesday, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Applied Materials earned a coverage optimism score of 0.22 on Accern's scale. They also gave headlines about the manufacturing equipment provider an impact score of 48.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Applied Materials.

Applied Materials' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.72%), American Century Companies Inc. (1.38%), Bank of New York Mellon Corp (1.37%), Epoch Investment Partners Inc. (0.89%), OppenheimerFunds Inc. (0.80%) and FMR LLC (0.79%). 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 Egerton Capital UK LLP, BlackRock Inc., Janus Henderson Group PLC, FMR LLC, Los Angeles Capital Management & Equity Research Inc., Epoch Investment Partners Inc., Canada Pension Plan Investment Board and ClariVest Asset Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Lansdowne Partners UK LLP, Fred Alger Management Inc., LSV Asset Management, Winslow Capital Management LLC, Sumitomo Mitsui Asset Management Company LTD, Sei Investments Co. and Menora Mivtachim Holdings LTD.. 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 $48.38.

Applied Materials has a market capitalization of $48.52 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]