NASDAQ:AMAT - Applied Materials Stock Price, Forecast & News

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

Applied Materials declared a quarterly dividend on Monday, December 9th. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.21 per share on Wednesday, March 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 15th 2018, which permits the company to buyback $6,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings data on Thursday, November, 14th. The manufacturing equipment provider reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.04. The manufacturing equipment provider had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.68 billion. Applied Materials had a net margin of 18.52% and a return on equity of 35.13%. Applied Materials's revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.97 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Applied Materials.

Applied Materials updated its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $0.87-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.74. The company issued revenue guidance of $$3.95-4.25 billion, compared to the consensus revenue estimate of $$3.71 billion.

22 equities research analysts have issued 1-year price objectives for Applied Materials' shares. Their forecasts range from $46.00 to $80.00. On average, they expect Applied Materials' share price to reach $64.55 in the next year. This suggests a possible upside of 4.1% 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 2 sell ratings, 3 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Headlines about AMAT stock have trended extremely negative this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing 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 closest to five being the most favorable. Applied Materials earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned media headlines about the manufacturing equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Applied Materials.

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), Cohu (COHU), Ultra Clean (UCTT), Photronics (PLAB), Nanometrics (NANO) and Rudolph Technologies (RTEC).

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), Lam Research (LRCX), Cisco Systems (CSCO), Netflix (NFLX), Bank of America (BAC) and AT&T (T).

Applied Materials' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Marathon Asset Management LLP (0.19%), Strs Ohio (0.14%), New York State Teachers Retirement System (0.14%), Calamos Advisors LLC (0.09%), Wedge Capital Management L L P NC (0.08%) and Global Thematic Partners LLC (0.07%). Company insiders that own Applied Materials stock include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Steve G Ghanayem 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 Global Thematic Partners LLC, Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Artemis Investment Management LLP, Marathon Asset Management LLP, DNB Asset Management AS, Beech Hill Advisors Inc. and Manning & Napier Group LLC. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Strs Ohio, Zurcher Kantonalbank Zurich Cantonalbank, Johanson Financial Advisors Inc., Mckinley Capital Management LLC Delaware, UNIVEST FINANCIAL Corp, F&V Capital Management LLC and CHURCHILL MANAGEMENT Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $62.00.

Applied Materials has a market capitalization of $56.75 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.View Additional Information About Applied Materials.

The official website for Applied Materials is http://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]