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 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials announced that its board has authorized a stock repurchase 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 buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.08. The manufacturing equipment provider had revenue of $4.57 billion for 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 quarter in the prior year, the company posted $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 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 equities research analysts have issued 1 year target prices for Applied Materials' stock. Their forecasts range from $52.00 to $80.00. On average, they anticipate Applied Materials' share price to reach $63.9130 in the next year. This suggests a possible upside of 32.4% 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), Xilinx (XLNX), Maxim Integrated Products (MXIM) and Advanced Micro Devices (AMD).

News articles about AMAT stock have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Applied Materials earned a coverage optimism score of 0.09 on Accern's scale. They also gave news articles about the manufacturing equipment provider an impact score of 46.95 out of 100, meaning that recent media 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 institutional and retail investors. Top institutional investors include Swedbank (0.36%), Bank of Montreal Can (0.25%), NN Investment Partners Holdings N.V. (0.11%), Calamos Advisors LLC (0.09%), Gateway Investment Advisers LLC (0.08%) and Pendal Group Ltd (0.05%). 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, NN Investment Partners Holdings N.V., Retirement Systems of Alabama and Gateway Investment Advisers LLC. 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 Reilly Financial Advisors LLC, Pendal Group Ltd, Mitsubishi UFJ Asset Management UK Ltd., Mitsubishi UFJ Asset Management UK Ltd., State of Alaska Department of Revenue, Bangor Savings Bank, IFM Investors Pty Ltd and Private Trust Co. NA. 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 $48.28.

Applied Materials has a market capitalization of $46.68 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]