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 Friday, December 7th. Stockholders of record on Thursday, February 21st will be paid a dividend of $0.20 per share on Thursday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Wednesday, February 20th. View Applied Materials' Dividend History.

Applied Materials announced that its board has approved a share 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 buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) released its quarterly earnings results on Thursday, February, 14th. The manufacturing equipment provider reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.02. The manufacturing equipment provider had revenue of $3.75 billion for the quarter, compared to analysts' expectations of $3.71 billion. Applied Materials had a net margin of 19.20% and a return on equity of 62.56%. The firm's revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the business earned $1.06 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, May 16th 2019. View Earnings Estimates for Applied Materials.

Applied Materials issued an update on its second quarter earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $0.62-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.77. The company issued revenue guidance of $3.33-3.63 billion, compared to the consensus revenue estimate of $3.66 billion.

23 analysts have issued twelve-month target prices for Applied Materials' shares. Their predictions range from $33.00 to $65.00. On average, they expect Applied Materials' stock price to reach $49.90 in the next twelve months. This suggests a possible upside of 27.6% 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 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

News coverage about AMAT stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Applied Materials earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news headlines about the manufacturing equipment provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

Applied Materials saw a drop in short interest in January. As of January 31st, there was short interest totalling 13,869,327 shares, a drop of 16.0% from the January 15th total of 16,511,446 shares. Based on an average daily volume of 12,031,076 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.5% of the company's shares are short sold. View Applied Materials' Current Options Chain.

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), Xilinx (XLNX), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Advanced Micro Devices (AMD), Microchip Technology (MCHP), Kyocera (KYOCY), Maxim Integrated Products (MXIM), STMicroelectronics (STM) and Skyworks Solutions (SWKS).

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.97%), Bank of New York Mellon Corp (2.43%), Geode Capital Management LLC (1.48%), Northern Trust Corp (1.26%), Epoch Investment Partners Inc. (0.92%) and Oregon Public Employees Retirement Fund (0.86%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, 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 Swedbank, Aviva PLC, PNC Financial Services Group Inc., Sumitomo Mitsui Asset Management Company LTD, TD Asset Management Inc., State of New Jersey Common Pension Fund D, Canada Pension Plan Investment Board and Toronto Dominion Bank. View Insider Buying and Selling for Applied Materials.

AMAT stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Parnassus Investments CA, Bank of New York Mellon Corp, Abrams Bison Investments LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Marathon Asset Management LLP and Amundi Pioneer 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 $39.10.

Applied Materials has a market capitalization of $37.26 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, SantaClara CA, 95052. The manufacturing equipment provider can be reached via phone at 408-727-5555 or via email at [email protected]