Applied Materials (NASDAQ:AMAT) Earns Media Impact Rating of 0.22
Media headlines about Applied Materials (NASDAQ:AMAT) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern 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 coverage optimism score of 0.22 on Accern’s scale. Accern also gave headlines about the manufacturing equipment provider an impact score of 44.3914864997143 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Applied Materials, Inc. (AMAT) noted a price change of -0.14% and Radian Group Inc. (RDN) closes with a move of … – Stocks Gallery (stocksgallery.com)
- See what the IHS Markit Score report has to say about Applied Materials Inc. (finance.yahoo.com)
- Applied Materials, Inc. (AMAT) Quick Analysis after Reviving Quick Ratio with Public Joint-Stock Company Mobile … – Investing News Update (investingbizz.com)
- Applied Materials, Inc. (AMAT) Shares Sold by FineMark National Bank & Trust – ExpressNewsline (expressnewsline.com)
- Comparison To Peers: Align Technology, Inc. (ALGN), Applied Materials, Inc. (AMAT) – AllStockNews (allstocknews.com)
Applied Materials (NASDAQ:AMAT) traded down 0.21% on Wednesday, reaching $43.81. 5,634,688 shares of the company’s stock were exchanged. Applied Materials has a one year low of $26.37 and a one year high of $47.86. The stock has a market cap of $47.08 billion, a price-to-earnings ratio of 18.12 and a beta of 1.82. The firm has a 50 day moving average of $44.29 and a 200-day moving average of $40.62.
Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 18th. The manufacturing equipment provider reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.03. Applied Materials had a net margin of 20.41% and a return on equity of 38.28%. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter in the prior year, the company posted $0.34 earnings per share. Applied Materials’s revenue for the quarter was up 44.7% compared to the same quarter last year. Equities research analysts forecast that Applied Materials will post $3.11 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 24th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.91%. Applied Materials’s payout ratio is currently 16.46%.
A number of equities analysts have commented on AMAT shares. Deutsche Bank AG reissued a “buy” rating and issued a $48.00 price objective (up from $45.00) on shares of Applied Materials in a research note on Friday, May 19th. Bank of America Corporation reissued a “buy” rating and issued a $54.00 price objective (up from $45.00) on shares of Applied Materials in a research note on Wednesday, May 17th. Royal Bank Of Canada reissued a “hold” rating and issued a $35.00 price objective on shares of Applied Materials in a research note on Tuesday, April 25th. Stifel Nicolaus lifted their price objective on shares of Applied Materials from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Sunday, May 21st. Finally, Susquehanna Bancshares Inc reissued a “neutral” rating and issued a $40.00 price objective (up from $35.00) on shares of Applied Materials in a research note on Wednesday, May 17th. Four research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. Applied Materials currently has an average rating of “Buy” and an average price target of $46.62.
About Applied Materials
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