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 given a dividend of $0.20 per share on Thursday, September 13th. This represents a $0.80 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

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

Applied Materials, Inc. (NASDAQ:AMAT) announced its quarterly earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to analyst estimates 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 in the previous year, the company 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 updated its third quarter earnings guidance on Thursday, May, 17th. The company provided earnings per share 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 brokerages have issued 1-year price targets for Applied Materials' stock. Their forecasts range from $52.00 to $80.00. On average, they anticipate Applied Materials' stock price to reach $64.4348 in the next twelve months. View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest in May. As of May 31st, there was short interest totalling 17,996,197 shares, an increase of 19.7% from the May 15th total of 15,039,693 shares. Based on an average daily volume of 18,294,974 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.8% of the shares of the company are sold short.

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

News headlines about AMAT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Materials earned a news impact score of 0.06 on Accern's scale. They also assigned media headlines about the manufacturing equipment provider an impact score of 46.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Applied Materials' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 bought 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 $48.45.

Applied Materials has a market capitalization of $49.71 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]