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. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.20 per share on Thursday, June 14th. This represents a $0.80 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, May 23rd. This is a positive change from Applied Materials's previous quarterly dividend of $0.10. View Applied Materials' Dividend History.

Applied Materials announced that its Board of Directors has approved a stock buyback plan 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. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Applied Materials (NASDAQ:AMAT) issued its quarterly earnings data on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during 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 quarter in the prior year, the company earned $0.79 earnings per share. 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 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 brokers have issued 1 year 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 $64.8261 in the next twelve months. View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest in 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 days-to-cover ratio is currently 1.2 days. Approximately 1.6% of the shares of the company are short sold.

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 been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press 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 negative one to one, with scores nearest to one being the most favorable. Applied Materials earned a media sentiment score of 0.16 on Accern's scale. They also assigned news coverage about the manufacturing equipment provider an impact score of 46.87 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Applied Materials' stock is owned by many different 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 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 $50.4650.

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]