Applied Materials Stock Price, News & Analysis (NASDAQ:AMAT)

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

Applied Materials declared a quarterly dividend on Thursday, September 5th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.21 per share on Thursday, December 12th. This represents a $0.84 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, November 20th. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) issued its earnings results on Thursday, August, 15th. The manufacturing equipment provider reported $0.74 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.04. The manufacturing equipment provider had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.53 billion. Applied Materials had a return on equity of 39.37% and a net margin of 19.40%. The company's revenue was down 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.20 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Applied Materials.

Applied Materials updated its fourth quarter earnings guidance on Thursday, August, 15th. The company provided EPS guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.76. The company issued revenue guidance of $3.535-3.835 billion, compared to the consensus revenue estimate of $3.66 billion.

23 analysts have issued 12-month price targets for Applied Materials' stock. Their forecasts range from $40.00 to $62.00. On average, they anticipate Applied Materials' share price to reach $52.65 in the next twelve months. This suggests a possible upside of 1.3% 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 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Media coverage about AMAT stock has been trending somewhat negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public 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 -1.7 on InfoTrie's scale. They also assigned headlines about the manufacturing equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Applied Materials.

Applied Materials saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 18,260,000 shares, an increase of 8.4% from the August 15th total of 16,850,000 shares. Based on an average daily volume of 8,560,000 shares, the short-interest ratio is currently 2.1 days. Currently, 2.0% of the shares of the company are short sold. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include Lam Research (LRCX), KLA-Tencor (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Xperi (XPER), Rudolph Technologies (RTEC), Nanometrics (NANO), Photronics (PLAB) and Ultra Clean (UCTT).

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

Applied Materials' stock is owned by many different of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.20%), Cambiar Investors LLC (0.09%), Strs Ohio (0.09%), Calamos Advisors LLC (0.09%), Assenagon Asset Management S.A. (0.08%) and Commerzbank Aktiengesellschaft FI (0.06%). Company insiders that own Applied Materials stock include Ali Salehpour, Dennis D Powell, Omkaram Nalamasu, 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 DNB Asset Management AS, Cambiar Investors LLC, Pacer Advisors Inc., Kempner Capital Management Inc., Biechele Royce Advisors, Gateway Investment Advisers LLC, Factory Mutual Insurance Co. and Grassi Investment Management. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Omkaram Nalamasu, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Robeco Institutional Asset Management B.V., Meeder Asset Management Inc., Oakbrook Investments LLC, Artemis Investment Management LLP, State of Alaska Department of Revenue and Winmill & CO. 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 $51.98.

Applied Materials has a market capitalization of $48.02 billion and generates $17.25 billion in revenue each year. The manufacturing equipment provider earns $3.31 billion in net income (profit) each year or $4.45 on an earnings per share basis. Applied Materials employs 21,000 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]