Applied Materials Stock Price, News & Analysis (NASDAQ:AMAT)

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

Applied Materials announced a quarterly dividend on Thursday, September 5th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.21 per share on Thursday, December 12th. This represents a $0.84 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Wednesday, November 20th. View Applied Materials' Dividend History.

Applied Materials announced that its board has authorized a stock buyback plan on Thursday, February 15th 2018, which allows the company to repurchase $6,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its quarterly earnings results on Thursday, August, 15th. The manufacturing equipment provider reported $0.74 earnings per share (EPS) 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 19.40% and a return on equity of 39.37%. Applied Materials's revenue was down 14.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.20 EPS. 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 earnings per share 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 Wall Street analysts have issued 1-year price objectives for Applied Materials' shares. Their predictions range from $40.00 to $62.00. On average, they anticipate Applied Materials' stock price to reach $52.65 in the next twelve months. This suggests a possible upside of 1.9% 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 articles about AMAT stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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 media sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the manufacturing equipment provider a news buzz of 0.0 out of 10, indicating that recent news 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 during the month of September. As of September 15th, there was short interest totalling 18,260,000 shares, an increase of 8.4% from the August 15th total of 16,850,000 shares. Based on an average daily volume of 8,560,000 shares, the days-to-cover ratio is currently 2.1 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), NVIDIA (NVDA), Broadcom (AVGO), 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), STMicroelectronics (STM), Maxim Integrated Products (MXIM) and Marvell Technology Group (MRVL).

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 variety of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.20%), Cambiar Investors LLC (0.09%), Assenagon Asset Management S.A. (0.08%), Commerzbank Aktiengesellschaft FI (0.06%), Polaris Greystone Financial Group LLC (0.05%) and Oakbrook Investments LLC (0.05%). Company insiders that own Applied Materials stock include Ali Salehpour, Dennis D Powell, Omkaram Nalamasu, 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 DNB Asset Management AS, Cambiar Investors LLC, Pacer Advisors Inc., Kempner Capital Management Inc., Biechele Royce Advisors, Gateway Investment Advisers LLC, Grassi Investment Management and Manning & Napier Group LLC. Company insiders that have sold Applied Materials company stock in the last year include Dennis D Powell, Omkaram Nalamasu, 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 Assenagon Asset Management S.A., Commerzbank Aktiengesellschaft FI, Robeco Institutional Asset Management B.V., Meeder Asset Management Inc., Oakbrook Investments LLC, Artemis Investment Management LLP, State of Alaska Department of Revenue and Winmill & CO. 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, Robinhood, Fidelity and Charles Schwab.

One share of AMAT stock can currently be purchased for approximately $51.68.

Applied Materials has a market capitalization of $47.74 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]