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 Monday, March 11th. Stockholders of record on Thursday, May 23rd will be paid a dividend of $0.21 per share on Thursday, June 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Wednesday, May 22nd. This is a positive change from Applied Materials's previous quarterly dividend of $0.20. View Applied Materials' Dividend History.

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

Applied Materials, Inc. (NASDAQ:AMAT) announced its earnings results on Thursday, February, 14th. The manufacturing equipment provider reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.02. The manufacturing equipment provider earned $3.75 billion during the quarter, compared to the consensus estimate of $3.71 billion. Applied Materials had a net margin of 23.50% and a return on equity of 58.28%. Applied Materials's revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.06 earnings per share. 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 EPS guidance of $0.62-0.70 for the period, compared to the Thomson Reuters consensus EPS 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.

24 equities research analysts have issued 12 month target prices for Applied Materials' shares. Their predictions range from $33.00 to $65.00. On average, they expect Applied Materials' share price to reach $49.90 in the next year. This suggests a possible upside of 25.2% from the stock's current price. View Analyst Price Targets for Applied Materials.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Materials in the last year. There are currently 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Materials.

Headlines about AMAT stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 0.9 on InfoTrie's scale. They also gave news headlines about the manufacturing equipment provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future.

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

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), Lam Research (LRCX), Advanced Micro Devices (AMD), Bank of America (BAC), Netflix (NFLX), Cisco Systems (CSCO) and Boeing (BA).

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%), FMR LLC (2.35%), Geode Capital Management LLC (1.48%), American Century Companies Inc. (1.32%) and Norges Bank (1.31%). 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., APG Asset Management N.V., Sumitomo Mitsui Asset Management Company LTD, TD Asset Management Inc., State of New Jersey Common Pension Fund D and Canada Pension Plan Investment Board. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, FMR LLC, Parnassus Investments CA, Bank of New York Mellon Corp, Abrams Bison Investments LLC, Two Sigma Advisers LP and Two Sigma Investments LP. 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 $39.86.

Applied Materials has a market capitalization of $37.84 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, Santa Clara CA, 95052. The manufacturing equipment provider can be reached via phone at 408-727-5555 or via email at [email protected]