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 Friday, June 7th. Stockholders of record on Thursday, August 22nd will be paid a dividend of $0.21 per share on Thursday, September 12th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, August 21st. View Applied Materials' Dividend History.

Applied Materials declared that its Board of Directors has approved a share repurchase plan on Thursday, February 15th 2018, which allows the company to buyback $6,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) announced its earnings results on Thursday, August, 15th. The manufacturing equipment provider reported $0.74 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.70 by $0.04. The manufacturing equipment provider earned $3.56 billion during the quarter, compared to analysts' expectations of $3.53 billion. Applied Materials had a net margin of 22.10% and a return on equity of 47.88%. The firm's revenue for the quarter was down 14.4% on a year-over-year basis. During the same quarter last year, the business posted $1.20 earnings per share. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Applied Materials.

Applied Materials updated its fourth quarter earnings guidance on Thursday, August, 15th. The company provided earnings per share (EPS) guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.76. The company issued revenue guidance of $3.535-3.835 billion, compared to the consensus revenue estimate of $3.66 billion.

23 analysts have issued 1-year price objectives for Applied Materials' shares. Their predictions range from $40.00 to $60.00. On average, they anticipate Applied Materials' share price to reach $51.40 in the next twelve months. This suggests a possible upside of 10.2% 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.

Media stories about AMAT stock have been trending negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm 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 positive 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 assigned press coverage about the manufacturing equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Applied Materials.

Applied Materials saw a increase in short interest in July. As of July 31st, there was short interest totalling 19,165,400 shares, an increase of 9.2% from the June 30th total of 17,552,600 shares. Based on an average daily trading volume, of 9,790,000 shares, the short-interest ratio is presently 2.0 days. Approximately 2.0% of the shares of the company are sold short. View Applied Materials' Current Options Chain.

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

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), Netflix (NFLX), Bank of America (BAC), Cisco Systems (CSCO) and AT&T (T).

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.82%), BlackRock Inc. (6.69%), Price T Rowe Associates Inc. MD (3.03%), Invesco Ltd. (2.74%), Bank of New York Mellon Corp (2.10%) and Davis Selected Advisers (1.70%). 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 Lansdowne Partners UK LLP, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Nuance Investments LLC, Calamos Advisors LLC, LSV Asset Management and Pictet Asset Management Ltd.. 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Price T Rowe Associates Inc. MD, Generation Investment Management LLP, AQR Capital Management LLC, Cambiar Investors LLC, Polaris Greystone Financial Group LLC and Russell Investments Group Ltd.. 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 $46.63.

Applied Materials has a market capitalization of $43.65 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.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]