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

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 paid 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 1.68%. The ex-dividend date is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has initiated a stock buyback program on Thursday, February 15th 2018, which allows the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.08. The manufacturing equipment provider had revenue of $4.57 billion for the quarter, compared to the consensus estimate 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 last year, the firm posted $0.79 earnings per share. 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 EPS guidance of $1.13-1.21 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued twelve-month target prices for Applied Materials' stock. Their forecasts range from $52.00 to $80.00. On average, they expect Applied Materials' share price to reach $63.9130 in the next twelve months. This suggests a possible upside of 34.5% 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 decline in short interest in July. As of July 13th, there was short interest totalling 15,061,436 shares, a decline of 7.9% from the June 29th total of 16,352,735 shares. Based on an average daily volume of 9,637,036 shares, the short-interest ratio is presently 1.6 days. Approximately 1.5% of the shares of the company 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 trended somewhat negative recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. 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 -0.06 on Accern's scale. They also gave news stories about the manufacturing equipment provider an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Applied Materials.

Applied Materials' stock is owned by many different 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 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 $47.51.

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]