Applied Materials (NASDAQ:AMAT) will be announcing its earnings results after the market closes on Thursday, February 14th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Applied Materials has set its Q1 2019 guidance at $0.75-0.83 EPS and its Q1 guidance at $0.75-0.83 EPS.Investors interested in registering for the company’s conference call can do so using this link.
Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, November 15th. The manufacturing equipment provider reported $0.97 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.97. The company had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4 billion. Applied Materials had a net margin of 19.20% and a return on equity of 62.56%. On average, analysts expect Applied Materials to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of AMAT stock opened at $39.90 on Tuesday. The firm has a market cap of $37.91 billion, a price-to-earnings ratio of 8.97, a P/E/G ratio of 1.37 and a beta of 1.69. The company has a quick ratio of 1.73, a current ratio of 2.64 and a debt-to-equity ratio of 0.78. Applied Materials has a 1-year low of $28.79 and a 1-year high of $62.40.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 21st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.01%. The ex-dividend date is Wednesday, February 20th. Applied Materials’s dividend payout ratio is currently 17.98%.
Several research analysts have weighed in on AMAT shares. KeyCorp reissued an “overweight” rating and set a $56.00 price objective (down from $71.00) on shares of Applied Materials in a report on Friday, November 16th. Deutsche Bank decreased their price target on shares of Applied Materials from $43.00 to $37.00 and set a “hold” rating for the company in a report on Friday, November 16th. BidaskClub raised shares of Applied Materials from a “sell” rating to a “hold” rating in a report on Friday, November 16th. ValuEngine raised shares of Applied Materials from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, Zacks Investment Research lowered shares of Applied Materials from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $50.96.
Applied Materials Company Profile
Applied Materials, Inc provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.
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