Media headlines about Applied Materials (NASDAQ:AMAT) have trended somewhat positive this week, AlphaOne reports. The research group, a service of Accern, identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Materials earned a news impact score of 0.09 on AlphaOne’s scale. AlphaOne also gave news stories about the manufacturing equipment provider an impact score of 84 out of 100, indicating that recent media coverage is very likely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected AlphaOne Sentiment Analysis’s analysis:
- Is Applied Materials (AMAT) a Great Growth Stock? – Yahoo Finance (finance.yahoo.com)
- Good Time to Buy Semiconductor Equipment Stocks? (finance.yahoo.com)
- Applied Materials, Inc. (AMAT) Stake Increased by Teachers Advisors LLC (giftedviz.com)
- Applied Materials Up 28.2% Since SmarTrend Uptrend Call (AMAT) (mysmartrend.com)
- How Applied Materials Makes Most of Its Money (fool.com)
A number of brokerages recently weighed in on AMAT. Vetr lowered shares of Applied Materials from a “strong-buy” rating to a “buy” rating and set a $42.81 price target for the company. in a report on Wednesday. Argus reissued a “buy” rating and issued a $43.00 price target (up previously from $34.00) on shares of Applied Materials in a report on Wednesday, February 22nd. Needham & Company LLC reissued a “buy” rating and issued a $43.00 price target on shares of Applied Materials in a report on Friday, February 24th. B. Riley reissued a “buy” rating and issued a $44.00 price target on shares of Applied Materials in a report on Saturday, February 18th. Finally, Royal Bank of Canada raised their price target on shares of Applied Materials from $30.00 to $35.00 and gave the company a “sector perform” rating in a report on Thursday, February 16th. Four research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $36.49.
Shares of Applied Materials (NASDAQ:AMAT) traded up 0.013% during trading on Friday, reaching $39.895. 4,191,284 shares of the company’s stock traded hands. The company’s 50-day moving average is $38.41 and its 200 day moving average is $33.66. The company has a market cap of $43.08 billion, a price-to-earnings ratio of 20.522 and a beta of 1.81. Applied Materials has a 52-week low of $19.46 and a 52-week high of $40.09. Applied Materials also saw unusually large options trading activity on Wednesday. Stock traders purchased 2,319 call options on the stock. This is an increase of 366% compared to the average daily volume of 498 call options.
Applied Materials (NASDAQ:AMAT) last released its earnings results on Wednesday, February 15th. The manufacturing equipment provider reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.01. The company earned $3.28 billion during the quarter, compared to analyst estimates of $3.27 billion. Applied Materials had a net margin of 15.90% and a return on equity of 28.09%. During the same period in the prior year, the firm posted $0.26 EPS. Equities analysts forecast that Applied Materials will post $2.66 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, May 25th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Tuesday, May 23rd. Applied Materials’s dividend payout ratio is 25.64%.
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Applied Materials Company Profile
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