NASDAQ:AMAT - Applied Materials Stock Price, News, & Analysis

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

Applied Materials declared a quarterly dividend on Thursday, June 7th. Shareholders 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 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials announced that its board has authorized a share buyback plan on Thursday, February 15th 2018, which permits the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings data on Thursday, August, 16th. The manufacturing equipment provider reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. The manufacturing equipment provider earned $4.47 billion during the quarter, compared to the consensus estimate of $4.42 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. The firm's revenue was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November, 15th 2018. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its fourth quarter earnings guidance on Thursday, August, 16th. The company provided earnings per share (EPS) guidance of $0.92-1.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $3.85-4.15 billion, compared to the consensus revenue estimate of $4.45 billion.

23 brokers have issued 1-year target prices for Applied Materials' shares. Their forecasts range from $50.00 to $75.00. On average, they anticipate Applied Materials' stock price to reach $61.6522 in the next year. This suggests a possible upside of 40.9% 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 decrease in short interest in July. As of July 13th, there was short interest totalling 15,061,436 shares, a decrease 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 days-to-cover ratio is presently 1.6 days. Approximately 1.5% of the company's stock are sold short. 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 stories about AMAT stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Applied Materials earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news articles about the manufacturing equipment provider an impact score of 47.14 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Applied Materials.

Applied Materials' stock is owned by a number of of retail and institutional 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., Waddell & Reed Financial Inc., Marble Arch Investments LP and Epoch Investment Partners Inc.. 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 bought 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 $43.77.

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]