Applied Materials (AMAT) to Release Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is expected to be announcing its earnings results 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.Parties interested in participating in the company’s conference call can do so using this link.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.13. Applied Materials had a return on equity of 39.26% and a net margin of 26.41%. The firm had revenue of $7.05 billion for the quarter, compared to analyst estimates of $6.96 billion. During the same period last year, the company earned $2.12 EPS. The firm’s quarterly revenue 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 Trading Up 2.0 %

NASDAQ AMAT opened at $183.66 on Tuesday. The company has a market cap of $149.26 billion, a P/E ratio of 21.33, a P/E/G ratio of 1.86 and a beta of 1.53. Applied Materials has a 12 month low of $158.96 and a 12 month high of $255.89. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.51 and a quick ratio of 1.87. The company has a 50-day moving average of $175.19 and a 200-day moving average of $185.17.

Applied Materials Announces Dividend

The business also recently declared 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 0.87%. The ex-dividend date is Thursday, February 20th. Applied Materials’s dividend payout ratio (DPR) is 18.58%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating for the company in a research note on Friday, November 15th. TD Cowen lowered their price target on Applied Materials from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Sanford C. Bernstein cut their price objective on Applied Materials from $220.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Morgan Stanley reiterated an “underweight” rating and set a $164.00 target price (down previously from $179.00) on shares of Applied Materials in a report on Thursday, December 5th. Finally, Bank of America cut their price target on shares of Applied Materials from $220.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $218.71.

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.