Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 2.110-2.470 for the period, compared to the consensus EPS estimate of 2.300. The company issued revenue guidance of $6.8 billion-$7.6 billion, compared to the consensus revenue estimate of $7.2 billion.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on AMAT shares. Evercore ISI cut their price objective on shares of Applied Materials from $260.00 to $250.00 and set an “outperform” rating on the stock in a research report on Friday, November 15th. Dbs Bank lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 16th. StockNews.com cut shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Saturday, September 14th. Sanford C. Bernstein reduced their price target on Applied Materials from $220.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. Finally, Mizuho lowered their price target on Applied Materials from $245.00 to $225.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $220.29.
Get Our Latest Research Report on Applied Materials
Applied Materials Stock Up 0.8 %
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.13. The company had revenue of $7.05 billion during the quarter, compared to the consensus estimate of $6.96 billion. Applied Materials had a net margin of 26.41% and a return on equity of 39.26%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.12 EPS. Sell-side analysts anticipate that Applied Materials will post 9.48 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.98%. Applied Materials’s dividend payout ratio (DPR) is currently 18.58%.
Applied Materials Company Profile
Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company 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.
Featured Stories
- Five stocks we like better than Applied Materials
- What is the Nikkei 225 index?
- Top Dividend Stocks Analysts Recommend for 2025
- 3 Warren Buffett Stocks to Buy Now
- 3 Legacy Tech Companies Reemerging as AI Leaders
- CD Calculator: Certificate of Deposit Calculator
- Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks
Receive News & Ratings for Applied Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials and related companies with MarketBeat.com's FREE daily email newsletter.