NASDAQ:AMAT - Applied Materials Stock Price, Price Target & More

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

Applied Materials declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Thursday, May 24th will be given a dividend of $0.20 per share on Thursday, June 14th. This represents a $0.80 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Wednesday, May 23rd. This is a boost from Applied Materials's previous quarterly dividend of $0.10. View Applied Materials' Dividend History.

Applied Materials announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 15th 2018, which allows the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

Applied Materials (NASDAQ:AMAT) posted its quarterly earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.08. The manufacturing equipment provider had revenue of $4.57 billion for the quarter, compared to analysts' expectations of $4.45 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. During the same period last year, the firm earned $0.79 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its third quarter earnings guidance on Thursday, May, 17th. The company provided EPS guidance of $1.13-1.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.16. The company issued revenue guidance of $4.33-4.53 billion, compared to the consensus revenue estimate of $4.54 billion.

23 analysts have issued 1 year target prices for Applied Materials' shares. Their forecasts range from $52.00 to $80.00. On average, they anticipate Applied Materials' stock price to reach $64.8261 in the next year. View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest during the month of April. As of April 30th, there was short interest totalling 16,832,480 shares, an increase of 16.4% from the April 13th total of 14,460,401 shares. Based on an average daily trading volume, of 14,178,509 shares, the short-interest ratio is presently 1.2 days. Approximately 1.6% of the company's stock are sold short.

Some companies that are related to Applied Materials include Taiwan Semiconductor Mfg. (TSM), Nvidia (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), NXP Semiconductors (NXPI), Analog Devices (ADI), Infineon Technologies (IFNNY), Tokyo Electron (TOELY), Kyocera (KYO), Microchip Technology (MCHP), STMicroelectronics (STM), Xilinx (XLNX), Skyworks Solutions (SWKS) and Maxim Integrated (MXIM).

Media headlines about AMAT stock have trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Materials earned a news sentiment score of 0.09 on Accern's scale. They also assigned media stories about the manufacturing equipment provider an impact score of 47.37 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Applied Materials' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.24%), Northern Trust Corp (1.26%), American Century Companies Inc. (1.05%), Epoch Investment Partners Inc. (1.00%), OppenheimerFunds Inc. (0.78%) and LSV Asset Management (0.64%). 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 Old Mutual Global Investors UK Ltd., Point72 Asset Management L.P., Prudential Financial Inc., Millennium Management LLC, Korea Investment CORP, Sei Investments Co., MUFG Securities EMEA plc and Thrivent Financial for Lutherans. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Winslow Capital Management LLC, OppenheimerFunds Inc., Sentry Investments Corp., Natixis, Mackay Shields LLC, Schroder Investment Management Group and Toronto Dominion Bank. 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 $49.92.

Applied Materials has a market capitalization of $52.02 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.

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]