Applied Materials (AMAT) to Release Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $2.28 per share and revenue of $7.16 billion for the quarter. Applied Materials has set its Q1 2025 guidance at 2.110-2.470 EPS and its Q1 guidance at $2.11-2.47 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share for the quarter, beating 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 company had revenue of $7.05 billion for the quarter, compared to analysts’ expectations of $6.96 billion. During the same quarter in the previous year, the business posted $2.12 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts expect Applied Materials to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Applied Materials Stock Up 1.2 %

AMAT stock opened at $180.67 on Thursday. Applied Materials has a 12-month low of $158.96 and a 12-month high of $255.89. The company has a quick ratio of 1.87, a current ratio of 2.51 and a debt-to-equity ratio of 0.29. The company has a market cap of $146.83 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 1.84 and a beta of 1.53. The company has a 50 day moving average of $174.67 and a two-hundred day moving average of $185.92.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.89%. The ex-dividend date is Thursday, February 20th. Applied Materials’s payout ratio is presently 18.58%.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent research reports. Cantor Fitzgerald restated an “overweight” rating and set a $250.00 target price on shares of Applied Materials in a report on Friday, November 15th. The Goldman Sachs Group reduced their price target on shares of Applied Materials from $230.00 to $202.00 and set a “buy” rating for the company in a report on Friday, January 10th. Sanford C. Bernstein lowered their price target on Applied Materials from $220.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Stifel Nicolaus dropped their price objective on shares of Applied Materials from $270.00 to $250.00 and set a “buy” rating for the company in a research note on Tuesday, November 12th. Finally, Wells Fargo & Company cut their target price on Applied Materials from $210.00 to $200.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $218.71.

Applied Materials Company Profile

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.