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 Thursday, June 7th. Investors of record on Thursday, August 23rd will be paid a dividend of $0.20 per share on Thursday, September 13th. This represents a $0.80 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials announced that its board has initiated 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 an indication that the company's board of directors believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share 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 the consensus estimate of $4.45 billion. Applied Materials had a net margin of 19.24% and a return on equity of 51.65%. During the same period in the prior year, the company posted $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 updated 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 EPS 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 12-month price objectives for Applied Materials' stock. Their predictions range from $52.00 to $80.00. On average, they expect Applied Materials' share price to reach $63.9130 in the next twelve months. This suggests a possible upside of 36.7% from the stock's current price. View Analyst Ratings for Applied Materials.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 4 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

News articles about AMAT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Applied Materials earned a coverage optimism score of 0.21 on Accern's scale. They also gave news articles about the manufacturing equipment provider an impact score of 46.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include Fred Alger Management Inc. (0.68%), Swedbank (0.36%), Bank of Montreal Can (0.25%), NN Investment Partners Holdings N.V. (0.11%), Calamos Advisors LLC (0.09%) and Gateway Investment Advisers LLC (0.08%). 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 Swedbank, Boston Advisors LLC, Bank of Montreal Can, Calamos Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., NN Investment Partners Holdings N.V. and Retirement Systems of Alabama. 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 Fred Alger Management Inc., Reilly Financial Advisors LLC, Cornerstone Wealth Management LLC, Jacobs & Co. CA, Sit Investment Associates Inc., Pendal Group Ltd, Mitsubishi UFJ Asset Management UK Ltd. and Mitsubishi UFJ Asset Management 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, Scottrade, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $46.76.

Applied Materials has a market capitalization of $47.14 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]