NASDAQ:AMATApplied Materials Stock Price, Forecast & News

$49.59

-1.87 (-3.63 %)

(As of 04/10/2020 06:00 AM ET)

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Today's Range

$48.68

Now: $49.59▼

$52.74

50-Day Range

$37.94

MA: $51.45▼

$67.41

52-Week Range

$36.64

Now: $49.59▼

$69.44

Volume11.65 million shs

Average Volume13.07 million shs

Market Capitalization$45.54 billion

P/E Ratio16.42

Dividend Yield1.63%

Beta1.51

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 and nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective 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, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and organic light-emitting diode displays, and other electronic devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Applied Materials has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 18 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $66.91, Applied Materials has a potential upside of 34.9% from its current price of $49.59.
Amount of Analyst Coverage
Applied Materials has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Applied Materials has received 1,673 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Applied Materials has received 1,117 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Applied Materials has received 59.96% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Applied Materials and other stocks. Vote “Outperform” if you believe AMAT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AMAT will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Applied Materials is a leading dividend payer. It pays a dividend yield of 1.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Applied Materials has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Applied Materials is 27.63 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Applied Materials will have a dividend payout ratio of 19.86 % next year. This indicates that Applied Materials will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Applied Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $134,800.00 in company stock.
Percentage Held by Insiders
Only 0.41% of the stock of Applied Materials is held by insiders.
Percentage Held by Institutions
80.81% of the stock of Applied Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Applied Materials are expected to grow by 11.32% in the coming year, from $3.80 to $4.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Applied Materials is 16.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Applied Materials is 16.42, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 30.14.
Price to Earnings Growth Ratio
Applied Materials has a PEG Ratio of 1.72. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Applied Materials has a P/B Ratio of 5.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.59 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductor Equipment

SectorComputer and Technology

Current SymbolNASDAQ:AMAT

Previous Symbol

CUSIP03822210

CIK6951

Webhttp://www.appliedmaterials.com/

Phone408-727-5555

Debt

Debt-to-Equity Ratio0.54

Current Ratio2.36

Quick Ratio1.60

Price-To-Earnings

Trailing P/E Ratio16.42

Forward P/E Ratio13.05

P/E Growth1.72

Sales & Book Value

Annual Sales$14.61 billion

Price / Sales3.12

Cash Flow$3.38 per share

Price / Cash Flow14.68

Book Value$8.89 per share

Price / Book5.58

Profitability

EPS (Most Recent Fiscal Year)$3.04

Net Income$2.71 billion

Net Margins18.83%

Return on Equity36.15%

Return on Assets15.71%

Miscellaneous

Employees22,000

Outstanding Shares918,300,000

Market Cap$45.54 billion

Next Earnings Date5/21/2020 (Estimated)

OptionableOptionable

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Applied Materials (NASDAQ:AMAT) Frequently Asked Questions

How has Applied Materials' stock been impacted by COVID-19 (Coronavirus)?

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMAT shares have decreased by 5.5% and is now trading at $49.59. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Applied Materials?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 1 sell rating, 5 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Applied Materials.

When is Applied Materials' next earnings date?

Applied Materials is scheduled to release its next quarterly earnings announcement on Thursday, May 21st 2020. View our earnings forecast for Applied Materials.

How were Applied Materials' earnings last quarter?

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings data on Wednesday, February, 12th. The manufacturing equipment provider reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.06. The manufacturing equipment provider earned $4.16 billion during the quarter, compared to analysts' expectations of $4.11 billion. Applied Materials had a net margin of 18.83% and a return on equity of 36.15%. The firm's revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 earnings per share. View Applied Materials' earnings history.

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

Applied Materials announced a quarterly dividend on Friday, March 13th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.22 per share on Thursday, June 11th. This represents a $0.88 annualized dividend and a dividend yield of 1.77%. The ex-dividend date is Wednesday, May 20th. This is a positive change from Applied Materials's previous quarterly dividend of $0.21. View Applied Materials' dividend history.

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

Applied Materials updated its second quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $0.98 to $1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.92. The company issued revenue guidance of $4.14 billion to $4.54 billion, compared to the consensus revenue estimate of $4.06 billion.

What price target have analysts set for AMAT?

24 Wall Street analysts have issued twelve-month price objectives for Applied Materials' shares. Their forecasts range from $44.00 to $86.00. On average, they expect Applied Materials' stock price to reach $66.91 in the next year. This suggests a possible upside of 34.9% from the stock's current price. View analysts' price targets for Applied Materials.

Has Applied Materials been receiving favorable news coverage?

Media stories about AMAT stock have trended very negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of 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 five, with scores closest to five being the most favorable. Applied Materials earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the manufacturing equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutApplied Materials.

Are investors shorting Applied Materials?

Applied Materials saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 18,777,300 shares, an increase of 14.4% from the February 27th total of 16,420,000 shares. Based on an average daily trading volume, of 10,286,400 shares, the short-interest ratio is presently 1.8 days. Currently, 2.1% of the company's stock are sold short. View Applied Materials' Current Options Chain.

Who are some of Applied Materials' key competitors?

Some companies that are related to Applied Materials include Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Xperi (XPER), Photronics (PLAB), Axcelis Technologies (ACLS) and Ultra Clean (UCTT).

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), Intel (INTC), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Lam Research (LRCX), AT&T (T), Bank of America (BAC) and Netflix (NFLX).

Who are Applied Materials' key executives?

Applied Materials' management team includes the following people:

Mr. Gary E. Dickerson, Pres, CEO & Exec. Director (Age 62)
Mr. Daniel J. Durn, Sr. VP & CFO (Age 53)
Mr. Steve G. Ghanayem, Sr. VP of New Markets & Alliances Group (Age 53)
Mr. Ali Salehpour, Sr. VP of Services, Display & Flexible Technology (Age 58)
Dr. Prabu G. Raja, Sr. VP of Semiconductor Products Group (Age 56)

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 number of retail and institutional investors. Top institutional investors include Grassi Investment Management (0.03%), State of Alaska Department of Revenue (0.03%), McGuire Investment Group LLC (0.02%), F&V Capital Management LLC (0.01%), Callahan Advisors LLC (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Applied Materials stock include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest and Steve G Ghanayem. View institutional ownership trends for Applied Materials.

Which institutional investors are selling Applied Materials stock?

AMAT stock was sold by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., IFM Investors Pty Ltd, Bangor Savings Bank, Global Trust Asset Management LLC, E&G Advisors LP, 180 Wealth Advisors LLC, Mitchell Mcleod Pugh & Williams Inc., and McGuire Investment Group LLC. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Gary E Dickerson, Prabu G Raja, Stephen R Forrest, and Steve G Ghanayem. View insider buying and selling activity for Applied Materials.

Which institutional investors are buying Applied Materials stock?

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Provenire Capital LLC, State of Alaska Department of Revenue, American National Bank, IBM Retirement Fund, F&V Capital Management LLC, Callahan Advisors LLC, Fulton Bank N.A., and Private Trust Co. NA. View insider buying and selling activity for Applied Materials.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Applied Materials' stock price today?

One share of AMAT stock can currently be purchased for approximately $49.59.

How big of a company is Applied Materials?

Applied Materials has a market capitalization of $45.54 billion and generates $14.61 billion in revenue each year. The manufacturing equipment provider earns $2.71 billion in net income (profit) each year or $3.04 on an earnings per share basis. Applied Materials employs 22,000 workers across the globe. View additional information about Applied Materials.

What is Applied Materials' official website?

The official website for Applied Materials is http://www.appliedmaterials.com/.

How can I contact Applied Materials?

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]

This page was last updated on 4/10/2020 by MarketBeat.com Staff