Applied Materials (NASDAQ:AMAT) Earns Daily News Sentiment Score of -1.00

Media headlines about Applied Materials (NASDAQ:AMAT) have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Applied Materials earned a media sentiment score of -1.00 on their scale. InfoTrie also gave media stories about the manufacturing equipment provider an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Applied Materials’ score:

Shares of NASDAQ:AMAT traded down $0.63 on Friday, hitting $54.39. 6,875,460 shares of the company’s stock were exchanged, compared to its average volume of 9,922,808. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.67 and a quick ratio of 1.89. The business’s 50 day simple moving average is $50.51 and its two-hundred day simple moving average is $56.21. The stock has a market capitalization of $50.53 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.06 and a beta of 1.38. Applied Materials has a 12 month low of $36.64 and a 12 month high of $69.44.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $0.89 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.02). Applied Materials had a return on equity of 37.13% and a net margin of 18.89%. The firm had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Equities analysts forecast that Applied Materials will post 3.81 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.22 per share. This is a positive change from Applied Materials’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.62%. Applied Materials’s payout ratio is presently 28.95%.

Several brokerages have commented on AMAT. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of Applied Materials in a research report on Thursday, February 13th. BidaskClub raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Tuesday, May 12th. Stifel Nicolaus boosted their price target on shares of Applied Materials from $65.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Craig Hallum reissued a “buy” rating and issued a $79.00 price target (up previously from $70.00) on shares of Applied Materials in a research report on Thursday, February 13th. Finally, Cfra lowered their price target on shares of Applied Materials from $68.00 to $60.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $67.35.

Applied Materials Company Profile

Applied Materials, Inc provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It 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.

See Also: Liquidity

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