NASDAQ:AMATApplied Materials Stock Price, Forecast & News

$54.67

-1.73 (-3.07 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$54.35

Now: $54.67▼

$56.68

50-Day Range

$46.89

MA: $51.90▼

$56.88

52-Week Range

$36.64

Now: $54.67▼

$69.44

Volume7.17 million shs

Average Volume9.57 million shs

Market Capitalization$50.10 billion

P/E Ratio17.41

Dividend Yield1.56%

Beta1.38

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^™

3.4 Analyst's Opinion

Consensus Rating
Applied Materials has received a consensus rating of Buy. The company's average rating score is 2.72, and is based on 19 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $67.10, Applied Materials has a potential upside of 22.7% from its current price of $54.67.
Amount of Analyst Coverage
Applied Materials has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Applied Materials has received 1,685 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Applied Materials has received 1,127 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Applied Materials has received 59.92% “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 1.56%, 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 28.95 %. 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 20.90 % 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 not sold or bought any company stock.
Percentage Held by Insiders
Only 0.41% of the stock of Applied Materials is held by insiders.
Percentage Held by Institutions
78.90% 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 10.50% in the coming year, from $3.81 to $4.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Applied Materials is 17.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Applied Materials is 17.41, 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 40.36.
Price to Earnings Growth Ratio
Applied Materials has a PEG Ratio of 1.09. 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 5.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.39 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

Webwww.appliedmaterials.com

Phone408-727-5555

Debt

Debt-to-Equity Ratio0.69

Current Ratio2.67

Quick Ratio1.89

Price-To-Earnings

Trailing P/E Ratio17.41

Forward P/E Ratio14.35

P/E Growth1.09

Sales & Book Value

Annual Sales$14.61 billion

Price / Sales3.43

Cash Flow$3.40 per share

Price / Cash Flow16.09

Book Value$9.85 per share

Price / Book5.55

Profitability

EPS (Most Recent Fiscal Year)$3.04

Net Income$2.71 billion

Net Margins18.89%

Return on Equity37.13%

Return on Assets15.90%

Miscellaneous

Employees22,000

Outstanding Shares916,480,000

Market Cap$50.10 billion

Next Earnings Date8/20/2020 (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 (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMAT shares have increased by 4.2% and is now trading at $54.67. View which stocks have been most impacted by Coronavirus.

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

25 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 19 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, August 20th 2020. View our earnings forecast for Applied Materials.

How were Applied Materials' earnings last quarter?

Applied Materials, Inc. (NASDAQ:AMAT) announced its quarterly earnings results on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.91 by $0.02. The manufacturing equipment provider earned $3.96 billion during the quarter, compared to analyst estimates of $4.20 billion. Applied Materials had a return on equity of 37.13% and a net margin of 18.89%. During the same quarter in the previous year, the company earned $0.70 EPS. View Applied Materials' earnings history.

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

Applied Materials declared a quarterly dividend on Friday, March 13th. Investors of record on Thursday, May 21st will be given a dividend of $0.22 per share on Thursday, June 11th. This represents a $0.88 dividend on an annualized basis and a yield of 1.61%. 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 price target have analysts set for AMAT?

25 analysts have issued 1 year target prices for Applied Materials' stock. Their forecasts range from $46.00 to $85.00. On average, they anticipate Applied Materials' share price to reach $67.10 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price. View analysts' price targets for Applied Materials.

Has Applied Materials been receiving favorable news coverage?

News coverage about AMAT stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Applied Materials earned a news impact score of 0.7 on InfoTrie's scale. They also assigned news headlines about the manufacturing equipment provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the near term. View the latest news aboutApplied Materials.

Are investors shorting Applied Materials?

Applied Materials saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 22,290,000 shares, an increase of 25.2% from the April 30th total of 17,800,000 shares. Based on an average daily volume of 10,680,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.4% of the company's stock are short sold. 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), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Photronics (PLAB) and Xperi (XPER). View all competitors.

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), Walt Disney (DIS), AT&T (T), Lam Research (LRCX) 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.43%), State Street Corp (4.79%), Capital World Investors (3.07%), Capital International Investors (1.99%), Invesco Ltd. (1.99%) and Bank of New York Mellon Corp (1.95%). 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 Capital International Investors, Capital Research Global Investors, Two Sigma Advisers LP, AQR Capital Management LLC, Capital World Investors, Robeco Institutional Asset Management B.V., BlackRock Inc., and Marathon Asset Management LLP. 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 purchased by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Sumitomo Mitsui Trust Holdings Inc., Cantillon Capital Management LLC, Fisher Asset Management LLC, Bank of New York Mellon Corp, Pictet Asset Management Ltd., Nuveen Asset Management LLC, and Davis Selected Advisers. 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 $54.67.

How big of a company is Applied Materials?

Applied Materials has a market capitalization of $50.10 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.

What is Applied Materials' official website?

The official website for Applied Materials is 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 5/29/2020 by MarketBeat.com Staff