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Applied Materials - AMAT Stock Forecast, Price & News

$108.27
+2.27 (+2.14%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$105.50
$109.33
50-Day Range
$86.00
$111.06
52-Week Range
$82.67
$167.06
Volume
9.43 million shs
Average Volume
8.07 million shs
Market Capitalization
$94.19 billion
P/E Ratio
14.44
Dividend Yield
0.98%
Price Target
$146.04

Applied Materials MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
34.9% Upside
$146.04 Price Target
Short Interest
Healthy
1.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.37
Upright™ Environmental Score
News Sentiment
0.32mentions of Applied Materials in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$1.29 M Sold Last Quarter
Proj. Earnings Growth
12.38%
From $7.43 to $8.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Computer And Technology Sector

35th out of 660 stocks

Semiconductors & Related Devices Industry

7th out of 97 stocks

AMAT stock logo

About Applied Materials (NASDAQ:AMAT) Stock

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Bank of America dropped their price target on Applied Materials from $135.00 to $118.00 and set a "buy" rating on the stock in a research note on Wednesday, June 29th. Mizuho reduced their price target on shares of Applied Materials from $180.00 to $160.00 and set a "buy" rating for the company in a research report on Friday, May 20th. Piper Sandler lowered their price objective on shares of Applied Materials from $153.00 to $132.00 and set a "neutral" rating on the stock in a report on Friday, May 20th. StockNews.com raised shares of Applied Materials from a "hold" rating to a "buy" rating in a research report on Monday. Finally, JPMorgan Chase & Co. cut their price target on Applied Materials from $174.00 to $158.00 in a research note on Friday, May 20th. Eight equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $146.04.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $106.00 on Thursday. The firm has a market capitalization of $92.21 billion, a PE ratio of 14.13, a P/E/G ratio of 1.76 and a beta of 1.51. The company has a quick ratio of 1.54, a current ratio of 2.29 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $98.22 and a two-hundred day moving average price of $114.65. Applied Materials has a twelve month low of $82.67 and a twelve month high of $167.06.

Applied Materials (NASDAQ:AMAT - Get Rating) last released its quarterly earnings data on Thursday, May 19th. The manufacturing equipment provider reported $1.85 EPS for the quarter, missing the consensus estimate of $1.89 by ($0.04). Applied Materials had a return on equity of 57.17% and a net margin of 27.20%. The business had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.35 billion. During the same period last year, the business posted $1.63 earnings per share. The firm's quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts forecast that Applied Materials will post 7.43 EPS for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, August 25th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, August 24th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.98%. Applied Materials's payout ratio is 13.87%.

Insider Activity

In related news, SVP Teri A. Little sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, July 6th. The shares were sold at an average price of $86.30, for a total transaction of $1,294,500.00. Following the completion of the transaction, the senior vice president now owns 93,169 shares of the company's stock, valued at $8,040,484.70. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.37% of the company's stock.

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AMAT Stock News Headlines

Applied Materials Earnings Outlook
This Tech Stock Could Jump Higher Following 30% Gains
Applied Materials (AMAT) Set to Announce Earnings on Thursday
Applied Materials Stock Continues To Slide
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AMAT Company Calendar

Ex-Dividend for 6/16 Dividend
5/25/2022
Dividend Payable
6/16/2022
Today
8/18/2022
Last Earnings
8/18/2022
Next Earnings (Confirmed)
8/18/2022
Ex-Dividend for 9/15 Dividend
8/24/2022
Dividend Payable
9/15/2022
Fiscal Year End
10/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:AMAT
CUSIP
03822210
CIK
6951
Employees
27,000
Year Founded
1967

Price Target and Rating

Average Stock Price Forecast
$146.04
High Stock Price Forecast
$205.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+34.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
25 Analysts

Profitability

Net Income
$5.89 billion
Pretax Margin
31.31%

Debt

Sales & Book Value

Annual Sales
$23.06 billion
Cash Flow
$7.39 per share
Book Value
$13.56 per share

Miscellaneous

Free Float
866,728,000
Market Cap
$94.19 billion
Optionable
Optionable
Beta
1.51

Social Links


Key Executives

  • Mr. Gary E. DickersonMr. Gary E. Dickerson (Age 65)
    Pres, CEO & Exec. Director
    Comp: $3.56M
  • Mr. Robert J. Halliday (Age 68)
    Sr. VP & CFO
    Comp: $678.22k
  • Dr. Omkaram NalamasuDr. Omkaram Nalamasu (Age 64)
    Sr. VP, CTO & Chair of the Growth Technical Advisory Board
    Comp: $1.47M
  • Mr. Ali SalehpourMr. Ali Salehpour (Age 61)
    Sr. VP of Services, Display & Flexible Technology
    Comp: $1.7M
  • Dr. Prabu G. RajaDr. Prabu G. Raja (Age 59)
    Sr. VP of Semiconductor Products Group
    Comp: $1.92M
  • Mr. Brice A. HillMr. Brice A. Hill (Age 55)
    Sr. VP & CFO
  • Mr. Charles W. Read (Age 56)
    Corp. VP, Corp. Controller & Chief Accounting Officer
  • Mr. Jay O. Kerley
    Chief Information Officer
  • Mr. Michael Sullivan
    VP of Investor Relations
  • Ms. Teri A. LittleMs. Teri A. Little (Age 57)
    Sr. VP, Chief Legal Officer & Corp. Sec.













AMAT Stock - Frequently Asked Questions

Should I buy or sell Applied Materials stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last twelve months. There are currently 8 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMAT shares.
View AMAT analyst ratings
or view top-rated stocks.

What is Applied Materials' stock price forecast for 2022?

25 analysts have issued 12-month price objectives for Applied Materials' stock. Their AMAT share price forecasts range from $95.00 to $205.00. On average, they expect the company's stock price to reach $146.04 in the next year. This suggests a possible upside of 34.9% from the stock's current price.
View analysts price targets for AMAT
or view top-rated stocks among Wall Street analysts.

How have AMAT shares performed in 2022?

Applied Materials' stock was trading at $157.36 at the beginning of the year. Since then, AMAT stock has decreased by 31.2% and is now trading at $108.27.
View the best growth stocks for 2022 here
.

When is Applied Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our AMAT earnings forecast
.

How were Applied Materials' earnings last quarter?

Applied Materials, Inc. (NASDAQ:AMAT) released its earnings results on Thursday, November, 18th. The manufacturing equipment provider reported $1.94 earnings per share for the quarter, missing the consensus estimate of $1.95 by $0.01. The manufacturing equipment provider had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $6.34 billion. Applied Materials had a net margin of 27.20% and a trailing twelve-month return on equity of 57.17%. The company's revenue was up 30.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.25 EPS.
Read the conference call transcript
.

How often does Applied Materials pay dividends? What is the dividend yield for Applied Materials?

Applied Materials declared a quarterly dividend on Thursday, June 9th. Investors of record on Thursday, August 25th will be given a dividend of $0.26 per share on Thursday, September 15th. This represents a $1.04 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, August 24th.
Read our dividend analysis for AMAT
.

Is Applied Materials a good dividend stock?

Applied Materials (NASDAQ:AMAT) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.98%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 13.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMAT will have a dividend payout ratio of 12.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMAT.

How will Applied Materials' stock buyback program work?

Applied Materials declared that its board has initiated a share buyback program on Friday, March 11th 2022, which permits the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

What guidance has Applied Materials issued on next quarter's earnings?

Applied Materials issued an update on its fourth quarter 2022 earnings guidance on Thursday, August, 18th. The company provided earnings per share (EPS) guidance of $1.82-$2.18 for the period, compared to the consensus estimate of $1.94. The company issued revenue guidance of $6.25 billion-$7.05 billion, compared to the consensus revenue estimate of $6.57 billion.

What is Gary Dickerson's approval rating as Applied Materials' CEO?

1,064 employees have rated Applied Materials Chief Executive Officer Gary Dickerson on Glassdoor.com. Gary Dickerson has an approval rating of 93% among the company's employees. This puts Gary Dickerson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Applied Materials to a friend.

What other stocks do shareholders of Applied Materials own?

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), Advanced Micro Devices (AMD), Intel (INTC), Cisco Systems (CSCO), Lam Research (LRCX), QUALCOMM (QCOM), Walt Disney (DIS) and Netflix (NFLX).

What is Applied Materials' stock symbol?

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

Who are Applied Materials' major shareholders?

Applied Materials' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.47%), FMR LLC (1.32%), Northern Trust Corp (1.20%), Price T Rowe Associates Inc. MD (1.05%), UBS Asset Management Americas Inc. (0.80%) and Deutsche Bank AG (0.75%). Insiders that own company stock include Alexander Karsner, Daniel Durn, Dennis D Powell, Gary E Dickerson, Gary E Dickerson, Ginetto Addiego, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Steve G Ghanayem, Teri A Little and Thomas J Iannotti.
View institutional ownership trends
.

How do I buy shares of Applied Materials?

Shares of AMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Applied Materials' stock price today?

One share of AMAT stock can currently be purchased for approximately $108.27.

How much money does Applied Materials make?

Applied Materials (NASDAQ:AMAT) has a market capitalization of $94.19 billion and generates $23.06 billion in revenue each year. The manufacturing equipment provider earns $5.89 billion in net income (profit) each year or $7.50 on an earnings per share basis.

How many employees does Applied Materials have?

The company employs 27,000 workers across the globe.

Does Applied Materials have any subsidiaries?
The following companies are subsidiares of Applied Materials: AKT America LLC, AKT Godo Kaisha, ATMI - Treatment Systems business, Advent Solar, Applied Films Corporation, Applied Materials (China) Holdings Ltd., Applied Materials (China) Inc., Applied Materials (Holdings), Applied Materials (Shanghai) Co. Ltd., Applied Materials (Xi'an) Ltd., Applied Materials Asia-Pacific LLC, Applied Materials Belgium N.V., Applied Materials Canada Inc., Applied Materials China Limited, Applied Materials Deutschland Holding GmbH, Applied Materials Display Equipment (Shanghai) Co. Ltd., Applied Materials Europe B.V., Applied Materials France, Applied Materials GmbH, Applied Materials GmbH & Co. KG, Applied Materials Holdings S.à r.l., Applied Materials Hong Kong Limited, Applied Materials India Private Limited, Applied Materials Ireland Limited, Applied Materials Israel Ltd., Applied Materials Italia S.r.l., Applied Materials Japan Inc., Applied Materials Korea Ltd., Applied Materials Luxembourg 2 S.à r.l., Applied Materials Netherlands B.V., Applied Materials Philippines LLC, Applied Materials Singapore Technology Pte. Ltd., Applied Materials South East Asia Pte. Ltd., Applied Materials Switzerland S.à r.l. in liquidation, Applied Materials Taiwan Ltd., Applied Materials U.S. Holdings LLC, Applied Materials UK Limited, Applied Materials Verwaltung GmbH, Applied Materials WEB Coating GmbH, Applied Ventures ITIC Innovation Fund GP LLC, Applied Ventures Innovation Fund I L.P., Applied Ventures Investment Management GP I LLC, Applied Ventures LLC, Baccini, Baccini Kesheng Italia S.r. l., Baccini Kesheng Pte. Ltd., Boxer Cross, Brooks Software, Consilium Inc., DMO Systems Limited, Electron Vision Corp., Etec Systems, Global Knowledge Services, HCT Shaping Systems, Hitachi Kokusai Electric, ICT Integrated Circuit Testing GmbH, Kunshan Tango Semiconductor Equipment Co. Ltd., Lin-gang Special Area Applied Materials (Shanghai) Co. Ltd., MDLSoft LLC, MDLab S.r. l. in liquidation, Mecatronix GmbH, Metron Technology Ltd, NP Komplete Technologies B.V., Obsidian Inc., Opal Inc., Oramir, Orbot Instruments, Perceptive Engineering, Perceptive Engineering Limited, Perceptive Engineering Pte. Ltd., Sage Design Automation LLC, Sage Design Automation Ltd., Semitool Inc., Sigmameltec Ltd., Tango Systems LLC, Think Silicon, Think Silicon Research and Technology Single Member S.A. (Think Silicon S.A.), Torrex Equipment, Varian Semiconductor Equipment Associates Inc., and Veranome Biosystems LLC.
Read More
When was Applied Materials founded?

Applied Materials was founded in 1967.

How can I contact Applied Materials?

Applied Materials' mailing address is 3050 Bowers Avenue P.O. Box 58039, Santa Clara CA, 95052. The official website for the company is www.appliedmaterials.com. The manufacturing equipment provider can be reached via phone at (408) 727-5555, via email at investor_relations@amat.com, or via fax at 408-748-9943.

This page (NASDAQ:AMAT) was last updated on 8/18/2022 by MarketBeat.com Staff

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