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, September 6th. Stockholders of record on Friday, November 23rd will be given a dividend of $0.20 per share on Thursday, December 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Wednesday, November 21st. View Applied Materials' Dividend History.

Applied Materials announced that its board has approved a stock repurchase 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 repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings results on Thursday, August, 16th. The manufacturing equipment provider reported $1.20 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.17 by $0.03. The manufacturing equipment provider earned $4.47 billion during the quarter, compared to analyst estimates of $4.42 billion. Applied Materials had a return on equity of 58.23% and a net margin of 19.87%. Applied Materials's revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 earnings per share. 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 updated its fourth quarter earnings guidance on Thursday, August, 16th. The company provided earnings per share 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.

22 equities research analysts have issued 12 month target prices for Applied Materials' shares. Their predictions range from $50.00 to $75.00. On average, they expect Applied Materials' share price to reach $62.3333 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View Analyst Price Targets for Applied Materials.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 5 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

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

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%), Bank of New York Mellon Corp (1.37%), Northern Trust Corp (1.31%) and Epoch Investment Partners Inc. (0.89%). 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 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 $39.63.

Applied Materials has a market capitalization of $38.72 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.

The official website for Applied Materials is http://www.appliedmaterials.com.

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]