Headlines about Applied Materials (NASDAQ:AMAT) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Applied Materials earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the manufacturing equipment provider an impact score of 44.4444963166532 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern’s scoring:

Shares of Applied Materials (NASDAQ AMAT) opened at 44.02 on Wednesday. The stock’s 50 day moving average is $44.65 and its 200-day moving average is $41.62. The firm has a market cap of $46.95 billion, a P/E ratio of 15.65 and a beta of 1.82. Applied Materials has a one year low of $27.56 and a one year high of $47.86.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 17th. The manufacturing equipment provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.84 by $0.02. The business had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Applied Materials had a net margin of 22.08% and a return on equity of 40.74%. The firm’s quarterly revenue was up 32.7% compared to the same quarter last year. During the same period last year, the company posted $0.50 earnings per share. Analysts anticipate that Applied Materials will post $3.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, August 22nd. Applied Materials’s dividend payout ratio is currently 14.18%.

Several research firms have recently issued reports on AMAT. B. Riley reissued a “buy” rating and set a $56.00 target price on shares of Applied Materials in a research note on Saturday, May 20th. UBS AG reissued a “buy” rating and set a $51.00 target price (up from $44.00) on shares of Applied Materials in a research note on Wednesday, May 17th. Vetr raised shares of Applied Materials from a “buy” rating to a “strong-buy” rating and set a $48.16 target price on the stock in a research note on Thursday, August 10th. Zacks Investment Research lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $61.00 target price (up from $55.00) on shares of Applied Materials in a research note on Friday, August 18th. Four investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $51.44.

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In related news, Director Alexander Karsner sold 22,762 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $44.03, for a total transaction of $1,002,210.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.31% of the company’s stock.

About Applied Materials

Insider Buying and Selling by Quarter for Applied Materials (NASDAQ:AMAT)

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