Applied Materials (AMAT) to Release Quarterly 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.Investors that are interested in registering for 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 EPS for the quarter, topping the consensus estimate of $2.19 by $0.13. The business had revenue of $7.05 billion for the quarter, compared to analysts’ expectations of $6.96 billion. Applied Materials had a net margin of 26.41% and a return on equity of 39.26%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.12 earnings per share. 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 Stock Up 2.0 %

Shares of Applied Materials stock opened at $183.66 on Tuesday. The business has a 50-day moving average price of $175.19 and a 200 day moving average price of $185.17. Applied Materials has a fifty-two week low of $158.96 and a fifty-two week high of $255.89. The firm 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. The company has a quick ratio of 1.87, a current ratio of 2.51 and a debt-to-equity ratio of 0.29.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.40 dividend. 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 dividend payout ratio (DPR) is 18.58%.

Wall Street Analyst Weigh In

AMAT has been the topic of several research analyst reports. TD Cowen decreased their price objective 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. Morgan Stanley reaffirmed an “underweight” rating and issued a $164.00 price target (down from $179.00) on shares of Applied Materials in a report on Thursday, December 5th. Evercore ISI lowered their price objective on shares of Applied Materials from $260.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, November 15th. Susquehanna raised their target price on shares of Applied Materials from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. Finally, Sanford C. Bernstein lowered their target price on Applied Materials from $220.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, November 29th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.71.

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.