NASDAQ:AMATApplied Materials Stock Price, Forecast & News

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AMAT shares have increased by 19.2% and is now trading at $62.59. View which stocks have been most impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 1 sell rating, 5 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Applied Materials.

Applied Materials is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Applied Materials.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.02. The manufacturing equipment provider earned $3.96 billion during the quarter, compared to analysts' expectations of $4.20 billion. Applied Materials had a return on equity of 37.13% and a net margin of 18.89%. During the same quarter in the prior year, the company earned $0.70 earnings per share. View Applied Materials' earnings history.

Applied Materials announced a quarterly dividend on Thursday, June 11th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.22 per share on Thursday, September 10th. This represents a $0.88 annualized dividend and a yield of 1.41%. The ex-dividend date is Wednesday, August 19th. View Applied Materials' dividend history.

25 analysts have issued 12 month price objectives for Applied Materials' shares. Their forecasts range from $46.00 to $85.00. On average, they expect Applied Materials' stock price to reach $67.63 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Applied Materials.

News headlines about AMAT stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Applied Materials earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news articles about the manufacturing equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news about Applied Materials.

Applied Materials saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 22,100,000 shares, a decline of 6.4% from the June 15th total of 23,600,000 shares. Based on an average trading volume of 9,140,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.4% of the shares of the company are sold short. View Applied Materials' Current Options Chain.

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

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), Cisco Systems (CSCO), Walt Disney (DIS), AT&T (T), Lam Research (LRCX) and Netflix (NFLX).

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

Applied Materials' stock is owned by many different retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.10%), Envestnet Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Jacobs & Co. CA (0.01%) and American National Bank (0.01%). Company insiders that own Applied Materials stock include Alexander Karsner, Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest and Steve G Ghanayem. View institutional ownership trends for Applied Materials.

AMAT stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Fulton Bank N. A., DNB Asset Management AS, Exane Derivatives, Cottage Street Advisors LLC, Patton Fund Management Inc., and Municipal Employees Retirement System of Michigan. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, Dennis D Powell, Gary E Dickerson, Prabu G Raja, Stephen R Forrest, and Steve G Ghanayem. View insider buying and selling activity for Applied Materials.

AMAT stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, American National Bank, Mount Yale Investment Advisors LLC, Ayalon Holdings Ltd., Chesley Taft & Associates LLC, Cypress Capital Group, Investment Counsel Inc., and Smithbridge Asset Management Inc. DE. View insider buying and selling activity 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 $62.59.

Applied Materials has a market capitalization of $57.36 billion and generates $14.61 billion in revenue each year. The manufacturing equipment provider earns $2.71 billion in net income (profit) each year or $3.04 on an earnings per share basis. Applied Materials employs 22,000 workers across the globe.

The official website for Applied Materials is 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]