Applied Materials (NASDAQ:AMAT) Releases Q1 Earnings Guidance

Applied Materials (NASDAQ:AMAT) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.11-2.47 for the period, compared to the consensus estimate of $2.27. The company issued revenue guidance of $6.75-7.55 billion, compared to the consensus revenue estimate of $7.24 billion. Applied Materials also updated its Q1 2025 guidance to 2.110-2.470 EPS.

Wall Street Analyst Weigh In

AMAT has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. StockNews.com cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, September 14th. Stifel Nicolaus reduced their price target on shares of Applied Materials from $270.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday. Mizuho dropped their price objective on shares of Applied Materials from $245.00 to $225.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Finally, TD Cowen reduced their target price on Applied Materials from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Friday. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $222.90.

Applied Materials Stock Performance

AMAT stock opened at $186.00 on Friday. The firm has a market cap of $153.34 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 2.24 and a beta of 1.56. Applied Materials has a twelve month low of $141.94 and a twelve month high of $255.89. The company has a quick ratio of 2.09, a current ratio of 2.86 and a debt-to-equity ratio of 0.33. The business’s fifty day simple moving average is $190.88 and its two-hundred day simple moving average is $207.13.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 15th. The manufacturing equipment provider reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.10. The business had revenue of $6.78 billion for the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a net margin of 27.74% and a return on equity of 39.99%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $1.90 earnings per share. Analysts predict that Applied Materials will post 8.51 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, November 21st. Applied Materials’s dividend payout ratio (DPR) is presently 17.98%.

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.