Applied Materials (AMAT) Expected to Announce Quarterly Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Applied Materials to post 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 wish to listen to the company’s conference call can do so using this link.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share 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 the consensus estimate of $6.96 billion. During the same quarter in the prior year, the business earned $2.12 EPS. The business’s revenue for the quarter 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 Down 0.3 %

NASDAQ AMAT opened at $183.20 on Wednesday. The firm has a market capitalization of $148.89 billion, a PE ratio of 21.28, a P/E/G ratio of 1.86 and a beta of 1.53. The stock’s 50 day moving average is $175.20 and its 200 day moving average is $185.04. Applied Materials has a twelve month low of $158.96 and a twelve month high of $255.89. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, February 20th. Applied Materials’s dividend payout ratio (DPR) is presently 18.58%.

Analyst Ratings Changes

AMAT has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating for the company in a research report on Friday, November 15th. Mizuho lowered their target price on shares of Applied Materials from $220.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, January 10th. The Goldman Sachs Group cut their price target on Applied Materials from $230.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Barclays lowered their price objective on Applied Materials from $225.00 to $200.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $250.00 target price on shares of Applied Materials in a research note on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price 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.