NASDAQ:AMAT - Applied Materials Stock Price, Price Target & More

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

Applied Materials announced 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 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

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

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to analysts' expectations of $4.45 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. During the same period last year, the business posted $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 updated its third quarter earnings guidance on Thursday, May, 17th. The company provided earnings per share 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 12 month target prices for Applied Materials' shares. Their forecasts range from $52.00 to $80.00. On average, they expect Applied Materials' share price to reach $64.4348 in the next year. View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 17,996,197 shares, an increase of 19.7% from the May 15th total of 15,039,693 shares. Based on an average daily volume of 18,294,974 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.8% of the company's shares are sold short. View Applied Materials' Current Options Chain.

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

Media headlines about AMAT stock have trended somewhat positive on Friday, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.07 on Accern's scale. They also gave press coverage about the manufacturing equipment provider an impact score of 46.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Applied Materials' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.24%), Northern Trust Corp (1.26%), American Century Companies Inc. (1.05%), Epoch Investment Partners Inc. (1.00%), OppenheimerFunds Inc. (0.78%) and LSV Asset Management (0.64%). 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 Old Mutual Global Investors UK Ltd., Point72 Asset Management L.P., Prudential Financial Inc., Millennium Management LLC, Korea Investment CORP, Sei Investments Co., MUFG Securities EMEA plc and Thrivent Financial for Lutherans. 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Winslow Capital Management LLC, OppenheimerFunds Inc., Sentry Investments Corp., Natixis, Mackay Shields LLC, Schroder Investment Management Group and Toronto Dominion Bank. 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 $48.99.

Applied Materials has a market capitalization of $48.97 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]