Applied Materials (NASDAQ: AMAT) recently received a number of ratings updates from brokerages and research firms:

  • 10/1/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Stifel Nicolaus.
  • 9/30/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $63.00 price target on the stock.
  • 9/30/2017 – Applied Materials had its “outperform” rating reaffirmed by analysts at Evercore ISI. They now have a $65.00 price target on the stock, up previously from $56.00.
  • 9/30/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Instinet. They now have a $55.00 price target on the stock, up previously from $50.00.
  • 9/29/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $59.00 price target on the stock.
  • 9/29/2017 – Applied Materials had its price target raised by analysts at Nomura from $50.00 to $55.00. They now have a “buy” rating on the stock.
  • 9/28/2017 – Applied Materials was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $49.11 price target on the stock.
  • 9/28/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Craig Hallum. They now have a $76.00 price target on the stock, up previously from $60.00.
  • 9/28/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Berenberg Bank. They now have a $52.00 price target on the stock.
  • 9/28/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Morgan Stanley. They now have a $56.00 price target on the stock.
  • 9/26/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Credit Suisse Group. They now have a $62.00 price target on the stock.
  • 9/25/2017 – Applied Materials had its price target raised by analysts at B. Riley from $61.00 to $63.00. They now have a “buy” rating on the stock.
  • 9/25/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $54.00 price target on the stock.
  • 9/25/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $55.00 price target on the stock.
  • 9/22/2017 – Applied Materials was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $49.11 price target on the stock.
  • 9/20/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $61.00 price target on the stock.
  • 9/17/2017 – Applied Materials was upgraded by analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating. They now have a $55.00 price target on the stock, up previously from $48.00.
  • 9/16/2017 – Applied Materials had its “outperform” rating reaffirmed by analysts at KeyCorp. They now have a $57.00 price target on the stock.
  • 9/15/2017 – Applied Materials was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $47.76 price target on the stock.
  • 9/14/2017 – Applied Materials had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
  • 9/13/2017 – Applied Materials was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “buy” rating. They now have a $52.00 price target on the stock, up previously from $49.00.
  • 8/29/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Credit Suisse Group.
  • 8/24/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $61.00 price target on the stock.
  • 8/21/2017 – Applied Materials had its price target raised by analysts at Argus from $44.30 to $52.00. They now have a “buy” rating on the stock.
  • 8/21/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Instinet. They now have a $50.00 price target on the stock, up previously from $47.00.
  • 8/21/2017 – Applied Materials had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $42.00 price target on the stock.
  • 8/20/2017 – Applied Materials had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $48.00 price target on the stock, up previously from $46.00.
  • 8/20/2017 – Applied Materials had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $49.00 price target on the stock.
  • 8/19/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $61.00 price target on the stock.
  • 8/18/2017 – Applied Materials had its price target raised by analysts at Craig Hallum to $60.00. They now have a “buy” rating on the stock.
  • 8/18/2017 – Applied Materials had its price target raised by analysts at Credit Suisse Group from $5.00 to $62.00. They now have an “outperform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 8/18/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $61.00 price target on the stock, up previously from $55.00.
  • 8/18/2017 – Applied Materials had its price target raised by analysts at Deutsche Bank AG from $48.00 to $52.00. They now have a “buy” rating on the stock.
  • 8/18/2017 – Applied Materials had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $57.00 price target on the stock, up previously from $55.00.
  • 8/18/2017 – Applied Materials had its price target raised by analysts at Nomura from $47.00 to $50.00. They now have a “buy” rating on the stock.
  • 8/14/2017 – Applied Materials had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $56.00 price target on the stock.
  • 8/14/2017 – Applied Materials was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Applied Materials is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. The company's second quarter fiscal 2017 results beat the Zacks Consensus Estimate on earnings and revenues. Over the last one year, the stock has outperformed the industry it belongs to. Applied Materials is in a great position to grow sustainably and profitably based on its strong pipeline of enabling technologies, supported by expanding opportunities on the semiconductor, service and display fronts. Nevertheless, high fixed cost structure and customer concentration remain concerns.”
  • 8/14/2017 – Applied Materials had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $52.00 price target on the stock.
  • 8/10/2017 – Applied Materials was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $48.16 price target on the stock.
  • 8/7/2017 – Applied Materials was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $48.70 price target on the stock.

Shares of Applied Materials, Inc. (NASDAQ:AMAT) traded down 0.46% during midday trading on Tuesday, reaching $51.84. 11,304,643 shares of the company’s stock traded hands. The stock has a market cap of $55.29 billion, a price-to-earnings ratio of 18.43 and a beta of 1.86. The stock has a 50 day moving average of $45.90 and a 200-day moving average of $43.53. Applied Materials, Inc. has a 52-week low of $27.56 and a 52-week high of $52.63.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 17th. The manufacturing equipment provider reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.02. Applied Materials had a net margin of 22.08% and a return on equity of 40.74%. The business had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the previous year, the firm earned $0.50 EPS. The company’s quarterly revenue was up 32.7% compared to the same quarter last year. On average, equities research analysts expect that Applied Materials, Inc. will post $3.20 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Friday, November 24th will be given a $0.10 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.77%. Applied Materials’s dividend payout ratio is 14.18%.

In other news, Director Alexander Karsner sold 22,762 shares of Applied Materials stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $44.03, for a total transaction of $1,002,210.86. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.31% of the company’s stock.

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