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. Shareholders 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 yield of 1.35%. The ex-dividend date is Tuesday, February 18th. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has initiated a stock repurchase program on Thursday, February 15th 2018, which authorizes the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings data on Thursday, November, 14th. The manufacturing equipment provider reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.04. The manufacturing equipment provider earned $3.75 billion during the quarter, compared to analyst estimates of $3.68 billion. Applied Materials had a net margin of 18.52% and a return on equity of 35.13%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.97 earnings per share. 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 EPS guidance of $0.87-0.95 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 12 month price targets 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 4.1% 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.

Headlines about AMAT stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Applied Materials earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news headlines about the manufacturing equipment provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. 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), Nanometrics (NANO) and Rudolph Technologies (RTEC).

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 shareholders include Marathon Asset Management LLP (0.19%), Strs Ohio (0.14%), New York State Teachers Retirement System (0.14%), Calamos Advisors LLC (0.09%), Wedge Capital Management L L P NC (0.08%) and Global Thematic Partners LLC (0.07%). 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, DNB Asset Management AS, Beech Hill Advisors Inc. and Manning & Napier Group LLC. 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, Zurcher Kantonalbank Zurich Cantonalbank, Johanson Financial Advisors Inc., Mckinley Capital Management LLC Delaware, UNIVEST FINANCIAL Corp, F&V Capital Management LLC and CHURCHILL MANAGEMENT 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 $62.00.

Applied Materials has a market capitalization of $56.75 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]