NASDAQ:AMAT - Applied Materials Stock Price, Forecast & News

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

Applied Materials declared a quarterly dividend on Monday, December 9th. Investors of record on Wednesday, February 19th will be given a dividend of $0.21 per share on Wednesday, March 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials announced that its board has initiated a stock buyback plan on Thursday, February 15th 2018, which allows the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) issued its quarterly earnings results on Thursday, November, 14th. The manufacturing equipment provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.76 by $0.04. The manufacturing equipment provider earned $3.75 billion during the quarter, compared to analysts' expectations of $3.68 billion. Applied Materials had a net margin of 18.52% and a return on equity of 35.13%. The company's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.97 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $0.87-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.74. The company issued revenue guidance of $$3.95-4.25 billion, compared to the consensus revenue estimate of $$3.71 billion.

22 analysts have issued 12-month price objectives for Applied Materials' stock. Their forecasts range from $46.00 to $80.00. On average, they anticipate Applied Materials' share price to reach $64.55 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Applied Materials.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 2 sell ratings, 3 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Press coverage about AMAT stock has trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -1.4 on InfoTrie's scale. They also assigned press coverage about the manufacturing equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Applied Materials.

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), Cohu (COHU), Ultra Clean (UCTT), Photronics (PLAB), Rudolph Technologies (RTEC) and Xperi (XPER).

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), Lam Research (LRCX), Cisco Systems (CSCO), Netflix (NFLX), Bank of America (BAC) and AT&T (T).

Applied Materials' stock is owned by a variety of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.25%), Marathon Asset Management LLP (0.19%), Strs Ohio (0.14%), New York State Teachers Retirement System (0.14%), Calamos Advisors LLC (0.09%) and Wedge Capital Management L L P NC (0.08%). Company insiders that own Applied Materials stock include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest, Steve G Ghanayem 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 Global Thematic Partners LLC, Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Artemis Investment Management LLP, Marathon Asset Management LLP, Jag Capital Management LLC, Goodman Financial Corp and California Public Employees Retirement System. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Gary E Dickerson, Omkaram Nalamasu, Prabu G Raja, Stephen R Forrest and Steve G Ghanayem. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Strs Ohio, Clark Capital Management Group Inc., Zurcher Kantonalbank Zurich Cantonalbank, Virginia Retirement Systems ET AL, Johanson Financial Advisors Inc., Mckinley Capital Management LLC Delaware and UNIVEST FINANCIAL Corp. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $59.05.

Applied Materials has a market capitalization of $54.05 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.

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

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]