|Bid||39.85 x 4000|
|Ask||40.07 x 800|
|Day's range||39.15 - 40.08|
|52-week range||28.79 - 53.23|
|Beta (3Y monthly)||1.53|
|PE ratio (TTM)||11.20|
|Earnings date||14 Aug 2019 - 19 Aug 2019|
|Forward dividend & yield||0.84 (1.91%)|
|1y target est||47.75|
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)Applied Materials’ financial priorities Like many chip makers, Applied Materials’ (AMAT) profit margins bottomed out in the second quarter of fiscal 2019 after
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)Applied Materials’ Display segmentApplied Materials (AMAT) has been expanding beyond the Semiconductor Systems segment to the Display segment, wherein it supplies
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)Applied Global ServicesApplied Materials (AMAT) has noted that the semiconductor industry is transitioning to a new era of AI in which semiconductors are being included
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)Applied MaterialsApplied Materials (AMAT) is the world’s largest semiconductor manufacturing equipment supplier. It also supplies equipment to manufacture display
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)AMAT’s stock price momentum Applied Materials (AMAT) stock fell 4.2% on May 13 after the United States increased tariffs on $200 billion worth of Chinese imports to
Investor Insights on Applied Materials’ Q2 Earnings(Continued from Prior Part)Applied Materials’ profit margins Applied Materials (AMAT) is the world’s largest supplier of semiconductor manufacturing equipment and has been broadening its
Investor Insights on Applied Materials’ Q2 EarningsApplied Materials stock rises on earnings beatApplied Materials (AMAT) stock was the top gainer in the NASDAQ on May 17, rising as high as 6.3% as the company’s fiscal 2019 second-quarter
Wall Street struggled for gains in an up-and-down session on Friday as mixed headlines on trade dampened positive consumer sentiment data, sending investors into the weekend with little enthusiasm. The Dow inched up, while the Nasdaq lost ground and the bellwether S&P 500 was nominally lower, hovering more than 2% below its record high reached on April 30.
Rent-A-Center, Proto Labs, NVIDIA, Pinterest and Applied Materials highlighted as Zacks Bull and Bear of the Day
Applied Materials shares rose nearly 5% in the extended session Thursday after chip and display maker beat the consensus revenue and earnings expectations. The company reported fiscal second-quarter net income of $666 million, or 70 cents a share, compared with $1.1 billion, or $1.06 a share, in the year-ago period. Adjusted for items related to acquisitions, among other things, earnings were also 70 cents a share. Revenue fell to $3.54 billion from $4.58 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 66 cents a share on revenue of $3.5 billion. For the fiscal third quarter, analysts expect adjusted earnings of 70 cents a share on sales of $3.67 billion. The company said it expects fiscal third-quarter adjusted earnings of 67 cents to 75 cents a share on sales of $3.53 billion. Applied Materials stock has fallen 25% in the past year, with the S&P 500 index rising 4.7%.
The semiconductor industry has been grappling with slowing demand that bellwether Texas Instruments warned was a cyclical downturn which could last for another two years. Applied's Chief Financial Officer Daniel Durn too said the chip market was expected to be flat for the year. "While we're still not ready to call the bottom of the semi equipment cycle, I believe our industry thesis is very much intact," Durn said in a post-earnings conference call about the broader semiconductor industry.
Applied Materials (AMAT) delivered earnings and revenue surprises of 6.06% and 1.83%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Management said the company would generate about $3.53 in per-share sales and 71 cents in per-share earnings for the coming quarter.
The company’s results and forecasts provide a window into the plans of some of the biggest companies in the semiconductor industry. Samsung Electronics Co., Intel Corp. and Taiwan Semiconductor Manufacturing Co. are among those that need to buy gear from Applied Materials well ahead of building new factories and production lines. Analysts projected 70 cents a share.“Applied Materials delivered results toward the top-end of our guidance range, reflecting solid execution across the company in a business environment that remains challenging,” Chief Executive Officer Gary Dickerson said in a statement.
The Santa Clara, California-based company said it had net income of 70 cents per share. The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research ...
Investing.com - Applied Materials reported second-quarter earnings that beat analysts' expectations on both the top and bottom lines and offered up in-line guidance, easing investor concerns the glut in memory supplies will weigh on the sector for prolonged period of time.