NASDAQ:AMATApplied Materials Stock Price, Forecast & News

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMAT shares have increased by 16.2% and is now trading at $61.00. 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) issued its earnings results on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 EPS for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.02. The manufacturing equipment provider had revenue of $3.96 billion for the quarter, compared to analysts' expectations of $4.20 billion. Applied Materials had a net margin of 18.89% and a return on equity of 37.13%. During the same quarter in the prior year, the company earned $0.70 EPS. View Applied Materials' earnings history.

Applied Materials announced a quarterly dividend on Thursday, June 11th. Investors of record on Thursday, August 20th will be given a dividend of $0.22 per share on Thursday, September 10th. This represents a $0.88 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Wednesday, August 19th. View Applied Materials' dividend history.

25 equities research analysts have issued 1-year price objectives for Applied Materials' stock. Their forecasts range from $46.00 to $85.00. On average, they anticipate Applied Materials' share price to reach $67.63 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts' price targets for Applied Materials.

Media stories about AMAT stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Applied Materials earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the manufacturing equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Applied Materials.

Applied Materials saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 23,600,000 shares, an increase of 7.7% from the May 31st total of 21,920,000 shares. Based on an average daily trading volume, of 10,260,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.6% of the company's stock are short sold. 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 a variety of institutional and retail investors. Top institutional shareholders include Smithbridge Asset Management Inc. DE (0.00%). 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 bought by a variety of institutional investors in the last quarter, including 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 $61.00.

Applied Materials has a market capitalization of $55.91 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]