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, 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 2.03%. The ex-dividend date of this dividend is Wednesday, February 20th. View Applied Materials' Dividend History.

Applied Materials declared that its board has initiated a stock buyback plan on Thursday, February 15th 2018, which allows the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase 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, February, 14th. The manufacturing equipment provider reported $0.81 earnings per share for the quarter, beating 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 return on equity of 58.28% and a net margin of 23.50%. The business's revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 earnings per share (EPS) guidance of $0.62-0.70 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued 1 year price targets for Applied Materials' shares. Their forecasts range from $33.00 to $65.00. On average, they anticipate Applied Materials' stock price to reach $49.90 in the next twelve months. This suggests a possible upside of 26.6% 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 trended positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. 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 2.7 on InfoTrie's scale. They also assigned news coverage about the manufacturing equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Applied Materials saw a decline in short interest in January. As of January 31st, there was short interest totalling 13,869,327 shares, a decline of 16.0% from the January 15th total of 16,511,446 shares. Based on an average daily trading volume, of 12,031,076 shares, the short-interest ratio is currently 1.2 days. Currently, 1.5% of the shares of the company are sold short. 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), Advanced Micro Devices (AMD), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), Kyocera (KYOCY), 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 variety of of institutional and retail 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., 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 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 $39.43.

Applied Materials has a market capitalization of $37.57 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]