Headlines about Applied Materials (NASDAQ:AMAT) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Applied Materials earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the manufacturing equipment provider an impact score of 45.7900690625114 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
- Consensus Buy Analysis: Applied Materials, Inc. (AMAT) – Street Observer (press release) (streetobserver.com)
- 3 Strong Buy Semiconductor Stocks to Consider Now (finance.yahoo.com)
- Critical Performance Analysis under Limelight: Applied Materials, Inc. (NASDAQ:AMAT) – NASDAQ Times (nasdaqtimes.com)
- Applied Materials, Inc. (AMAT) noted a price change of 0.55% and Pioneer Natural Resources Company (PXD) closes … – Stocks Gallery (stocksgallery.com)
- Applied Materials, Inc. (AMAT) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
Applied Materials (NASDAQ:AMAT) traded down 0.19% during mid-day trading on Tuesday, hitting $52.59. 8,217,204 shares of the company were exchanged. The firm has a 50 day moving average price of $47.32 and a 200 day moving average price of $44.10. The stock has a market cap of $56.09 billion, a price-to-earnings ratio of 18.70 and a beta of 1.86. Applied Materials has a 12 month low of $27.56 and a 12 month high of $53.07.
Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 17th. The manufacturing equipment provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. The business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.69 billion. Applied Materials had a return on equity of 40.74% and a net margin of 22.08%. The company’s revenue was up 32.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. Analysts anticipate that Applied Materials will post $3.20 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Friday, November 24th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, November 22nd. Applied Materials’s dividend payout ratio (DPR) is presently 14.18%.
AMAT has been the subject of a number of research reports. UBS AG reaffirmed a “buy” rating and set a $52.00 target price on shares of Applied Materials in a report on Tuesday, June 13th. Vetr raised shares of Applied Materials from a “hold” rating to a “buy” rating and set a $45.72 price target on the stock in a research report on Thursday, June 22nd. Stifel Nicolaus reissued a “buy” rating and set a $55.00 price target on shares of Applied Materials in a research report on Thursday, July 6th. Morgan Stanley reissued an “overweight” rating and set a $52.00 price target (up previously from $47.00) on shares of Applied Materials in a research report on Monday, July 10th. Finally, DA Davidson reissued a “buy” rating and set a $55.00 price target on shares of Applied Materials in a research report on Monday, July 10th. Three analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. Applied Materials currently has an average rating of “Buy” and an average target price of $56.01.
In related news, Director Alexander Karsner sold 22,762 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $44.03, for a total transaction of $1,002,210.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Thomas F. Larkins sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $51.24, for a total value of $1,537,200.00. The disclosure for this sale can be found here. Insiders own 0.31% of the company’s stock.
Applied Materials Company Profile
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