Applied Materials (NASDAQ:AMAT) Updates Q1 2025 Earnings Guidance

Applied Materials (NASDAQ:AMAT - Get Free Report) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.110-2.470 for the period, compared to the consensus estimate of 2.300. The company issued revenue guidance of $6.8 billion-$7.6 billion, compared to the consensus revenue estimate of $7.2 billion.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AMAT shares. Stifel Nicolaus reduced their target price on shares of Applied Materials from $270.00 to $250.00 and set a "buy" rating for the company in a research note on Tuesday, November 12th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 price objective on shares of Applied Materials in a research note on Friday, November 15th. Susquehanna lowered their target price on shares of Applied Materials from $190.00 to $170.00 and set a "neutral" rating on the stock in a report on Monday, November 11th. Needham & Company LLC cut their price target on Applied Materials from $240.00 to $225.00 and set a "buy" rating for the company in a report on Friday, November 15th. Finally, Mizuho decreased their price objective on Applied Materials from $245.00 to $225.00 and set an "outperform" rating on the stock in a research note on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $220.29.

Applied Materials Price Performance

NASDAQ:AMAT traded up $6.19 during midday trading on Friday, hitting $170.06. The company had a trading volume of 5,717,317 shares, compared to its average volume of 4,943,158. The stock's fifty day moving average price is $175.13 and its 200-day moving average price is $195.91. Applied Materials has a 52-week low of $148.05 and a 52-week 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. The company has a market capitalization of $138.38 billion, a PE ratio of 19.75, a P/E/G ratio of 1.61 and a beta of 1.52.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.19 by $0.13. The firm had revenue of $7.05 billion during the quarter, compared to analysts' expectations of $6.96 billion. Applied Materials had a return on equity of 39.26% and a net margin of 26.41%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.12 EPS. As a group, research analysts expect that Applied Materials will post 9.48 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed 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 of this dividend is Thursday, February 20th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.94%. Applied Materials's payout ratio is 18.58%.

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.