NASDAQ:AMATApplied Materials Stock Price, Forecast & News

Applied Materials' stock was trading at $52.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AMAT shares have increased by 19.2% and is now trading at $62.59. View which stocks have been most impacted by Coronavirus.

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.

Applied Materials is scheduled to release its next quarterly earnings announcement on Thursday, August 20th 2020. View our earnings forecast for Applied Materials.

Applied Materials, Inc. (NASDAQ:AMAT) released its earnings results on Thursday, May, 14th. The manufacturing equipment provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.02. The manufacturing equipment provider earned $3.96 billion during the quarter, compared to analysts' expectations 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 prior year, the business earned $0.70 EPS. View Applied Materials' earnings history.

Applied Materials declared a quarterly dividend on Thursday, June 11th. Investors of record on Thursday, August 20th will be paid a dividend of $0.22 per share on Thursday, September 10th. This represents a $0.88 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Wednesday, August 19th. View Applied Materials' dividend history.

25 brokerages have issued 12 month target prices for Applied Materials' shares. Their forecasts range from $46.00 to $85.00. On average, they expect Applied Materials' stock price to reach $67.63 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Applied Materials.

News stories about AMAT stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Applied Materials earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the near term. View the latest news about Applied Materials.

Applied Materials saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 22,100,000 shares, a drop of 6.4% from the June 15th total of 23,600,000 shares. Based on an average daily trading volume, of 9,140,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.4% of the company's stock are sold short. View Applied Materials' Current Options Chain.

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.

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).

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

Applied Materials' stock is owned by a variety of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.10%), Envestnet Asset Management Inc. (0.07%), MERIAN GLOBAL INVESTORS UK Ltd (0.06%), Polaris Greystone Financial Group LLC (0.05%), State of Alaska Department of Revenue (0.02%) and West Coast Financial LLC (0.01%). Company insiders that own Applied Materials stock include Alexander Karsner, 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.

AMAT stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Fulton Bank N. A., IFM Investors Pty Ltd, DNB Asset Management AS, Exane Derivatives, and Cottage Street Advisors LLC. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, 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.

AMAT stock was purchased by a variety of institutional investors in the last quarter, including Polaris Greystone Financial Group LLC, Wedge Capital Management L L P NC, American National Bank, Mount Yale Investment Advisors LLC, Ayalon Holdings Ltd., Chesley Taft & Associates LLC, Cypress Capital Group, and Investment Counsel Inc.. View insider buying and selling activity 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 $62.59.

Applied Materials has a market capitalization of $57.36 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.

The official website for Applied Materials is 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]