Applied Materials (NASDAQ:AMAT) Releases Q1 Earnings Guidance

Applied Materials (NASDAQ:AMAT) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $2.11-2.47 for the period, compared to the consensus EPS 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.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $168.88 on Friday. The company has a market cap of $139.22 billion, a PE ratio of 18.98, a PEG ratio of 2.24 and a beta of 1.56. 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 firm’s 50-day moving average price is $190.88 and its 200-day moving average price is $206.73. Applied Materials has a 52-week low of $141.94 and a 52-week high of $255.89.

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

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.95%. Applied Materials’s payout ratio is currently 17.98%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $250.00 target price on shares of Applied Materials in a research report on Friday. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating on the stock in a research report on Friday. Dbs Bank lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 16th. Susquehanna lowered their target price on Applied Materials from $190.00 to $170.00 and set a “neutral” rating for the company in a report on Monday, November 11th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, August 16th. Eight equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.81.

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.