Applied Materials (NASDAQ:AMAT) Issues Q1 Earnings Guidance

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

AMAT opened at $168.88 on Friday. The business’s 50-day simple moving average is $190.88 and its 200 day simple moving average is $206.78. Applied Materials has a 52-week low of $141.94 and a 52-week high of $255.89. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.09 and a current ratio of 2.86. The firm has a market capitalization of $139.22 billion, a PE ratio of 19.61, a PEG ratio of 2.07 and a beta of 1.56.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 15th. The manufacturing equipment provider reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.10. The company had revenue of $6.78 billion for the quarter, compared to analysts’ expectations of $6.68 billion. Applied Materials had a return on equity of 39.71% and a net margin of 26.41%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.90 EPS. As a group, sell-side analysts expect that Applied Materials will post 9.52 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 0.95%. The ex-dividend date is Thursday, November 21st. Applied Materials’s dividend payout ratio (DPR) is currently 18.58%.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMAT. Stifel Nicolaus lowered their price objective on shares of Applied Materials from $270.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. JPMorgan Chase & Co. lifted their price target on Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, August 16th. Dbs Bank lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 16th. Needham & Company LLC reduced their target price on Applied Materials from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday. Finally, Susquehanna dropped their price target on Applied Materials from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Monday, November 11th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average 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.