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

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

Applied Materials declared a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, May 23rd will be paid a dividend of $0.21 per share on Thursday, June 13th. This represents a $0.84 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is an increase from Applied Materials's previous quarterly dividend of $0.20. View Applied Materials' Dividend History.

Applied Materials declared that its board has authorized a share repurchase program on Thursday, February 15th 2018, which permits the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Thursday, May, 16th. The manufacturing equipment provider reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.04. The manufacturing equipment provider had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.48 billion. Applied Materials had a net margin of 22.10% and a return on equity of 49.38%. Applied Materials's revenue for the quarter was down 22.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.22 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, August 15th 2019. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its third quarter earnings guidance on Thursday, May, 16th. The company provided EPS guidance of $0.67-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of $3.375-3.675 billion, compared to the consensus revenue estimate of $3.53 billion.Applied Materials also updated its Q3 2019 guidance to $0.67-0.75 EPS.

23 brokers have issued 1-year price targets for Applied Materials' shares. Their predictions range from $37.00 to $65.00. On average, they expect Applied Materials' share price to reach $52.95 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View Analyst Price Targets for Applied Materials.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 6 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News articles about AMAT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Applied Materials earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the manufacturing equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Applied Materials include Broadcom (AVGO), Texas Instruments (TXN), NVIDIA (NVDA), Micron Technology (MU), Analog Devices (ADI), NXP Semiconductors (NXPI), Advanced Micro Devices (AMD), Xilinx (XLNX), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYOCY), Infineon Technologies (IFNNY), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM) and STMicroelectronics (STM).

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), Lam Research (LRCX), Advanced Micro Devices (AMD), Netflix (NFLX), Bank of America (BAC), Cisco Systems (CSCO) and Boeing (BA).

Applied Materials' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.62%), FMR LLC (2.74%), Geode Capital Management LLC (1.39%), American Century Companies Inc. (1.39%), Northern Trust Corp (1.28%) and Jackson Square Partners LLC (1.12%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, Omkaram Nalamasu, Stephen R Forrest, Steve G Ghanayem, 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 BlackRock Inc., Swedbank, Renaissance Technologies LLC, Nordea Investment Management AB, Geode Capital Management LLC, Gateway Investment Advisers LLC, Global Thematic Partners LLC and DNB Asset Management AS. Company insiders that have sold Applied Materials company stock in the last year include Omkaram Nalamasu, 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 FMR LLC, AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Robeco Institutional Asset Management B.V., First Trust Advisors LP, American Century Companies Inc. and Inverness Counsel LLC NY. 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 $40.49.

Applied Materials has a market capitalization of $38.44 billion and generates $17.25 billion in revenue each year. The manufacturing equipment provider earns $3.31 billion in net income (profit) each year or $4.45 on an earnings per share basis. Applied Materials employs 21,000 workers across the globe.

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]