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

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

Applied Materials announced a quarterly dividend on Thursday, September 6th. Stockholders of record on Friday, November 23rd will be given a dividend of $0.20 per share on Thursday, December 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Wednesday, November 21st. View Applied Materials' Dividend History.

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

Applied Materials, Inc. (NASDAQ:AMAT) announced its quarterly earnings results on Thursday, August, 16th. The manufacturing equipment provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. The manufacturing equipment provider had revenue of $4.47 billion for the quarter, compared to analysts' expectations of $4.42 billion. Applied Materials had a return on equity of 58.23% and a net margin of 19.87%. The company's revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November 15th 2018. View Earnings Estimates for Applied Materials.

Applied Materials updated its fourth quarter earnings guidance on Thursday, August, 16th. The company provided EPS guidance of $0.92-1.00 for the period, compared to the Thomson Reuters consensus estimate of $1.16. The company issued revenue guidance of $3.85-4.15 billion, compared to the consensus revenue estimate of $4.45 billion.

19 analysts have issued 12-month price targets for Applied Materials' shares. Their forecasts range from $43.00 to $75.00. On average, they expect Applied Materials' stock price to reach $62.00 in the next twelve months. This suggests a possible upside of 80.8% from the stock's current price. View Analyst Price Targets for Applied Materials.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 6 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest in the month of September. As of September 14th, there was short interest totalling 16,155,438 shares, an increase of 12.3% from the August 31st total of 14,385,573 shares. Based on an average trading volume of 15,093,746 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.6% of the company's shares are sold short. View Applied Materials' Current Options Chain.

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

Applied Materials' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Swedbank (0.52%), Bank of Montreal Can (0.35%), State of New Jersey Common Pension Fund D (0.15%), Sumitomo Mitsui Asset Management Company LTD (0.14%), DNB Asset Management AS (0.09%) and Strs Ohio (0.08%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, Dennis D Powell, Omkaram Nalamasu, Stephen R Forrest, 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 Sumitomo Mitsui Asset Management Company LTD, Varma Mutual Pension Insurance Co, Factory Mutual Insurance Co., State of New Jersey Common Pension Fund D, Huntington National Bank, Strs Ohio, CENTRAL TRUST Co and Legacy Private Trust Co.. Company insiders that have sold Applied Materials company stock in the last year include Ali Salehpour, Omkaram Nalamasu, Stephen R Forrest and Thomas J Iannotti. View Insider Buying and Selling for Applied Materials.

AMAT stock was purchased by a variety of institutional investors in the last quarter, including Swedbank, Bank of Montreal Can, DNB Asset Management AS, Patriot Wealth Management Inc., Seven Eight Capital LP, Empowered Funds LLC, Empirical Finance LLC and Guinness Atkinson Asset Management Inc. 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 $34.29.

Applied Materials has a market capitalization of $33.71 billion and generates $14.54 billion in revenue each year. The manufacturing equipment provider earns $3.43 billion in net income (profit) each year or $3.25 on an earnings per share basis. Applied Materials employs 18,400 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, SantaClara CA, 95052. The manufacturing equipment provider can be reached via phone at 408-727-5555 or via email at [email protected]