Share

Dividend Stock At Glance: Applied Materials, Inc. (NASDAQ:AMAT)

(AMAT) sold shares in a trading activity completed on Friday August 26, 2016. The stock price is moving up from its 20 days moving average with 4.95% and isolated positively from 50 days moving average with 8.08%.

Advertisement

Applied Materials Inc. has a 12-month low of $14.29 and a 12-month high of $30.41. The company traded as low as $29.79 on the day. The company exchanged total volume of 14.69 million shares throughout course of last trade however it holds an average trading capacity of 12.58 million shares. The stock’s market capitalization has now valued at $32.45B. The stock’s price moved above its 200 day moving average of $23.19.

Financial Times data shows, In 2015, Applied Materials Inc reported a dividend of 0.40 Dollars, equaling last years dividend. The corporation has earnings per share (EPS) ratio of 1.27. “0” said as “SELL” recommendations and “0” suggested “UNDERWEIGHT” rating. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Revenue for the same quarter is predicted to arrive at $3.31B.

It looks like Applied Materials, Inc.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. To see the ratio analysis, the debt to equity ratio appeared as 0.49 for seeing its liquidity position. The ex-dividend date of this dividend is Tuesday, August 23rd. It has a dividend yield of 1.33%. (NASDAQ:AMAT) is likely to post quarterly numbers around 2016-11-10 for the quarter ending 2016-10-31. Company shares were Reiterated by RBC Capital Mkts on Aug 19, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 30 from a previous price target of $28.Company shares were Reiterated by Cowen on Aug 19, 2016 to “Outperform”, Firm has raised the Price Target to $ 32.50 from a previous price target of $26.Company shares were Reiterated by Stifel on Aug 15, 2016 to “Buy”, Firm has raised the Price Target to $ 35 from a previous price target of $28. They now own 848.54 million shares or 6.77% less from 910.17 million shares in 2016Q1. 2 Months Ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “13” brokerage firms. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. With the stock trading for around 17 times analyst estimates for full-year non-GAAP earnings, it will need to continue producing record results in order to keep investors happy.

Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the semiconductor, display, solar photovoltaic (PV) and related industries across the world.

Advertisement

The growth in the orders in Applied’s silicon systems segment is being driven by the surge of investment in manufacturing capacity by its customers.

Amat Equipment