Press coverage about Applied Materials (NASDAQ:AMAT) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Applied Materials earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the manufacturing equipment provider an impact score of 45.2964377412328 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- ETFs with exposure to Applied Materials, Inc. : January 1, 2018 (finance.yahoo.com)
- Legacy Private Trust Upped Applied Matls (AMAT) Holding; California Public Employees Retirement System Has … – Hill Country Times (hillcountrytimes.com)
- Applied Materials (AMAT) Stock Rating Upgraded by Vetr (americanbankingnews.com)
- Applied Materials, Inc. (NASDAQ:AMAT) – An Eye on Stock Value – Nasdaq Journal (press release) (nasdaqjournal.com)
- Short Interest in Applied Materials, Inc. (AMAT) Grows By 11.6% (americanbankingnews.com)
Applied Materials (NASDAQ AMAT) opened at $51.12 on Tuesday. The company has a current ratio of 3.14, a quick ratio of 2.43 and a debt-to-equity ratio of 0.57. The stock has a market cap of $54,000.15, a PE ratio of 16.13, a price-to-earnings-growth ratio of 1.00 and a beta of 1.81. Applied Materials has a 52-week low of $31.66 and a 52-week high of $60.89.
Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 16th. The manufacturing equipment provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $3.93 billion. Applied Materials had a net margin of 23.62% and a return on equity of 41.51%. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.66 earnings per share. equities analysts expect that Applied Materials will post 4.04 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Stockholders of record on Wednesday, February 21st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, February 20th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.78%. Applied Materials’s dividend payout ratio (DPR) is presently 12.62%.
A number of brokerages have weighed in on AMAT. B. Riley upped their price objective on shares of Applied Materials from $61.00 to $63.00 and gave the stock a “buy” rating in a research report on Monday, September 25th. Vetr raised shares of Applied Materials from a “hold” rating to a “buy” rating and set a $49.11 target price for the company in a research note on Friday, September 22nd. Berenberg Bank reaffirmed a “buy” rating and set a $52.00 price objective on shares of Applied Materials in a research note on Thursday, September 28th. Citigroup upped their price objective on shares of Applied Materials from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, November 20th. Finally, Nomura reaffirmed a “buy” rating and set a $65.00 price objective (up previously from $55.00) on shares of Applied Materials in a research note on Tuesday, November 21st. One equities research analyst has rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. Applied Materials presently has a consensus rating of “Buy” and an average target price of $60.95.
In other Applied Materials news, VP Thomas F. Larkins sold 30,000 shares of Applied Materials stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $51.24, for a total transaction of $1,537,200.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen R. Forrest sold 5,000 shares of the business’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $58.00, for a total transaction of $290,000.00. The disclosure for this sale can be found here. Insiders own 0.31% of the company’s stock.
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