NASDAQ:AMAT - Applied Materials Stock Price, Price Target & More

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

Applied Materials announced a quarterly dividend on Thursday, June 7th. Shareholders of record on Thursday, August 23rd will be given a dividend of $0.20 per share on Thursday, September 13th. This represents a $0.80 annualized dividend and a yield of 1.67%. The ex-dividend date is Wednesday, August 22nd. View Applied Materials' Dividend History.

Applied Materials declared that its board has authorized a stock 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 reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Applied Materials, Inc. (NASDAQ:AMAT) posted its earnings results on Thursday, May, 17th. The manufacturing equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.08. The manufacturing equipment provider earned $4.57 billion during the quarter, compared to analyst estimates of $4.45 billion. Applied Materials had a return on equity of 51.65% and a net margin of 19.24%. During the same quarter in the prior year, the company earned $0.79 EPS. View Applied Materials' Earnings History.

Applied Materials is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Applied Materials.

Applied Materials updated its third quarter earnings guidance on Thursday, May, 17th. The company provided EPS guidance of $1.13-1.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $4.33-4.53 billion, compared to the consensus revenue estimate of $4.54 billion.

23 analysts have issued 1-year target prices for Applied Materials' stock. Their forecasts range from $52.00 to $80.00. On average, they expect Applied Materials' share price to reach $64.4348 in the next year. View Analyst Ratings for Applied Materials.

Applied Materials saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 17,996,197 shares, an increase of 19.7% from the May 15th total of 15,039,693 shares. Based on an average daily volume of 18,294,974 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.8% of the company's shares are short sold. View Applied Materials' Current Options Chain.

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

Headlines about AMAT stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Materials earned a daily sentiment score of 0.03 on Accern's scale. They also assigned press coverage about the manufacturing equipment provider an impact score of 44.15 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Applied Materials' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.24%), Northern Trust Corp (1.26%), American Century Companies Inc. (1.05%), Epoch Investment Partners Inc. (1.00%), OppenheimerFunds Inc. (0.78%) and LSV Asset Management (0.64%). Company insiders that own Applied Materials stock include Alexander Karsner, Ali Salehpour, Dennis D Powell, Gary E Dickerson, 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 Old Mutual Global Investors UK Ltd., Point72 Asset Management L.P., Prudential Financial Inc., Millennium Management LLC, Korea Investment CORP, Sei Investments Co., MUFG Securities EMEA plc and Thrivent Financial for Lutherans. Company insiders that have sold Applied Materials company stock in the last year include Alexander Karsner, Ali Salehpour, Omkaram Nalamasu, Stephen R Forrest, Thomas F Larkins and Thomas J Iannotti. View Insider Buying and Selling for Applied Materials.

AMAT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Winslow Capital Management LLC, OppenheimerFunds Inc., Sentry Investments Corp., Natixis, Mackay Shields LLC, Schroder Investment Management Group and Toronto Dominion Bank. 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 $47.96.

Applied Materials has a market capitalization of $49.38 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.

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]