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. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.21 per share on Wednesday, March 11th. This represents a $0.84 annualized dividend and a yield of 1.26%. The ex-dividend date is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Wednesday, February, 12th. The manufacturing equipment provider reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.06. The manufacturing equipment provider earned $4.16 billion during the quarter, compared to the consensus estimate of $4.11 billion. Applied Materials had a return on equity of 36.69% and a net margin of 18.83%. The company's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.81 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for Applied Materials.

Applied Materials updated its second quarter earnings guidance on Wednesday, February, 12th. The company provided EPS guidance of $0.98 to $1.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.92. The company issued revenue guidance of $4.14 billion to $4.54 billion, compared to the consensus revenue estimate of $4.06 billion.

23 analysts have issued 12-month price targets for Applied Materials' shares. Their forecasts range from $46.00 to $86.00. On average, they anticipate Applied Materials' share price to reach $71.27 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Applied Materials.

23 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 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News coverage about AMAT stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Applied Materials earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the manufacturing equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Applied Materials.

Applied Materials saw a decrease in short interest in January. As of January 31st, there was short interest totalling 17,920,000 shares, a decrease of 8.3% from the January 15th total of 19,550,000 shares. Based on an average trading volume of 7,170,000 shares, the short-interest ratio is currently 2.5 days. Approximately 2.0% of the company's shares are short sold. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include Teradyne (TER), Amkor Technology (AMKR), Nanometrics (NANO), Rudolph Technologies (RTEC), AXT (AXTI), Advanced Energy Industries (AEIS), Axcelis Technologies (ACLS), Brooks Automation (BRKS), Cabot Microelectronics (CCMP), Cohu (COHU), Entegris (ENTG), FormFactor (FORM), KLA (KLAC), Lam Research (LRCX) and MKS Instruments (MKSI).

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

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.83%), FMR LLC (2.12%), Bank of New York Mellon Corp (1.78%), AQR Capital Management LLC (0.88%), LSV Asset Management (0.65%) and Jackson Square Partners LLC (0.61%). 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 FMR LLC, Bank of New York Mellon Corp, Sound Shore Management Inc. CT, TD Asset Management Inc., AQR Capital Management LLC, Fred Alger Management LLC, Jackson Square Partners LLC and State Street Corp. 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 Prudential Financial Inc., Point72 Asset Management L.P., Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., Wedge Capital Management L L P NC, Marshall Wace North America L.P., Sumitomo Mitsui Trust Holdings Inc. and MERIAN GLOBAL INVESTORS UK 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, Robinhood, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $66.85.

Applied Materials has a market capitalization of $61.41 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.