Applied Materials (AMAT) to Release Quarterly Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is anticipated to issue 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 interested in registering for the company’s earnings conference call can do so using this link.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 14th. The manufacturing equipment provider reported $2.32 EPS for the quarter, topping the consensus estimate of $2.19 by $0.13. The firm had revenue of $7.05 billion during the quarter, compared to analyst estimates of $6.96 billion. Applied Materials had a return on equity of 39.26% and a net margin of 26.41%. Applied Materials’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 EPS. 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 Price Performance

NASDAQ AMAT opened at $183.20 on Wednesday. The business’s fifty day moving average is $175.20 and its 200 day moving average is $185.04. Applied Materials has a fifty-two week low of $158.96 and a fifty-two week high of $255.89. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.87 and a current ratio of 2.51. The company has a market capitalization of $148.89 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.86 and a beta of 1.53.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, February 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. Applied Materials’s payout ratio is currently 18.58%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMAT. Mizuho decreased their target price on shares of Applied Materials from $220.00 to $210.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Wells Fargo & Company decreased their price objective on shares of Applied Materials from $210.00 to $200.00 and set an “overweight” rating on the stock in a research report on Monday, January 13th. TD Cowen dropped their target price on shares of Applied Materials from $250.00 to $230.00 and set a “buy” rating for the company in a report on Friday, November 15th. Needham & Company LLC decreased their price target on Applied Materials from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price objective on shares of Applied Materials in a research report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $218.00.

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.