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

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

Applied Materials declared a quarterly dividend on Friday, June 7th. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.21 per share on Thursday, September 12th. This represents a $0.84 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Wednesday, August 21st. View Applied Materials' Dividend History.

Applied Materials declared that its board has approved a share buyback program on Thursday, February 15th 2018, which permits the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings data on Thursday, August, 15th. The manufacturing equipment provider reported $0.74 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.04. The manufacturing equipment provider had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Applied Materials had a return on equity of 39.37% and a net margin of 19.40%. Applied Materials's quarterly revenue was down 14.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.20 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Applied Materials.

Applied Materials updated its fourth quarter earnings guidance on Thursday, August, 15th. The company provided EPS guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.76. The company issued revenue guidance of $3.535-3.835 billion, compared to the consensus revenue estimate of $3.66 billion.

23 equities research analysts have issued 12 month target prices for Applied Materials' shares. Their forecasts range from $40.00 to $60.00. On average, they expect Applied Materials' share price to reach $51.50 in the next twelve months. This suggests a possible upside of 9.5% 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 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News articles about AMAT stock have trended positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 2.5 on InfoTrie's scale. They also gave news headlines about the manufacturing equipment provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Applied Materials.

Applied Materials saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 19,165,400 shares, an increase of 9.2% from the June 30th total of 17,552,600 shares. Based on an average trading volume of 9,790,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.0% of the company's stock are sold short. View Applied Materials' Current Options Chain.

Some companies that are related to Applied Materials include Texas Instruments (TXN), Broadcom (AVGO), NVIDIA (NVDA), Micron Technology (MU), Analog Devices (ADI), Advanced Micro Devices (AMD), NXP Semiconductors (NXPI), TOKYO ELECTRON/ADR (TOELY), Xilinx (XLNX), Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), Marvell Technology Group (MRVL), STMicroelectronics (STM) and Maxim Integrated Products (MXIM).

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

Applied Materials' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.82%), BlackRock Inc. (6.69%), Price T Rowe Associates Inc. MD (3.03%), Invesco Ltd. (2.74%), Bank of New York Mellon Corp (2.10%) and Davis Selected Advisers (1.70%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, Omkaram Nalamasu, Stephen R Forrest, Steve G Ghanayem, 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 Lansdowne Partners UK LLP, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Nuance Investments LLC, Calamos Advisors LLC, LSV Asset Management and Pictet Asset Management Ltd.. Company insiders that have sold Applied Materials company stock in the last year include Omkaram Nalamasu, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Price T Rowe Associates Inc. MD, Generation Investment Management LLP, AQR Capital Management LLC, Cambiar Investors LLC, Polaris Greystone Financial Group LLC and Russell Investments Group 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, Scottrade, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $47.03.

Applied Materials has a market capitalization of $44.03 billion and generates $17.25 billion in revenue each year. The manufacturing equipment provider earns $3.31 billion in net income (profit) each year or $4.45 on an earnings per share basis. Applied Materials employs 21,000 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]