Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.110-2.470 for the period, compared to the consensus earnings per share 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 Ratings Changes
AMAT has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “underweight” rating and issued a $164.00 target price (down from $179.00) on shares of Applied Materials in a research note on Thursday, December 5th. StockNews.com lowered Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, September 14th. Citigroup cut their price objective on Applied Materials from $240.00 to $217.00 and set a “buy” rating for the company in a research report on Monday, September 16th. Wells Fargo & Company lowered their target price on Applied Materials from $220.00 to $210.00 and set an “overweight” rating on the stock in a report on Friday, December 6th. Finally, Bank of America cut their price target on Applied Materials from $220.00 to $210.00 and set a “buy” rating for the company in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $220.29.
Get Our Latest Research Report on Applied Materials
Applied Materials Stock Up 3.8 %
Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 EPS for the quarter, topping the consensus estimate of $2.19 by $0.13. Applied Materials had a return on equity of 39.26% and a net margin of 26.41%. The business had revenue of $7.05 billion during the quarter, compared to the consensus estimate of $6.96 billion. During the same quarter last year, the company earned $2.12 EPS. Applied Materials’s revenue was up 4.8% on a year-over-year basis. Equities analysts predict that Applied Materials will post 9.48 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, February 20th. Applied Materials’s payout ratio is 18.58%.
About Applied Materials
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.
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