|Bid||46.00 x 1200|
|Ask||46.20 x 1200|
|Day's range||45.50 - 46.23|
|52-week range||41.94 - 62.40|
|PE ratio (TTM)||15.49|
|Earnings date||16 Aug 2018|
|Forward dividend & yield||0.80 (1.72%)|
|1y target est||66.05|
A Wall Street analyst on Monday cut his price targets on four chip gear stocks, saying the market for wafer fabrication equipment, especially for memory chips, has softened recently.
One of the biggest semiconductor shows of the year kicks off in San Francisco tomorrow, Semicon West, and as mentioned previously, there’s some substantial caution heading into this conference by those following stocks of chip equipment makers such as Applied Materials (AMAT), Lam Research (LRCX), and ASML Holding (ASML). Morgan Stanley’s Joseph Moore and Craig Hettenbach today offer some estimate cuts for Applied and Lam in a joint note to clients, and try to gauge what next year looks like. While the analysts maintain Overweight ratings on shares of both, they cut target prices, lowering Applied Materials to $58 from $60, and lowering Lam to $219 from $238.
A Wall Street analyst on Monday turned cautious on semiconductor equipment stocks ahead of a major industry conference. Needham analyst Edwin Mok cut his price targets on four chip-gear stocks.
SANTA CLARA, Calif., July 02, 2018 (GLOBE NEWSWIRE) -- Applied Materials today celebrated the 20th anniversary and 5,000th shipment of the Producer® platform, a manufacturing system that helps make virtually every chip in the world. The Applied Materials Producer® platform is a manufacturing system that helps make virtually every chip in the world. The Producer platform was launched in July of 1998 to help enable chips to run faster by changing their wiring from aluminum to copper, which is a better conductor.
Pilgrim’s Pride and Hi-Crush Partners are stocks on my list that are potentially undervalued. This means their current share prices are trading well-below what the companies are actually worth. There’sRead More...
SANTA CLARA, Calif., June 25, 2018-- The future of computing, from materials to systems, will be discussed by the following experts at the AI Design Forum in San Francisco on Tuesday, July 10, 2018.. Applied ...
Applied Materials Inc (NASDAQ:AMAT) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In theRead More...
Shares of Lam Research Corp. and Applied Materials Inc. are down in premarket trading, though Stifel analyst Patrick Ho reiterated his long-term optimism about the names following recent reports of memory shipment push-outs. "We believe these are attributable to Samsung, and primarily on the 3D NAND front," Ho wrote. "We remind investors that Samsung has been Lam's largest customer for many years now (going back to the early 2000s when the company began working aggressively with Samsung)." Ho remains upbeat in his long-term view of Lam, which he rates a buy, and the industry in general.
Applied Materials (AMAT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A Wall Street analyst downgrades semiconductor-equipment stocks Applied Materials and Lam Research, but upgrades ASML Holding.
Evercore analyst C.J. Muse's cautious note about Lam Research Corp. prompted a sell-off in shares of Lam, Applied Materials Inc. , KLA-Tencor Corp. and other semiconductor-equipment names last week, and on Wednesday Muse weighed in with an update. "While we do see a near-term pause for LRCX, we see no risk to consensus estimates for peers AMAT, ASML , and KLAC," he wrote. "We think downside risk from here is quite limited," he said, adidng that "for investors with 3+mos time horizon, now is the time to start adding." Muse has buy ratings on shares of Lam Research, Applied Materials, and ASML.
Shares of Lam Research Corp. are up 0.7% in premarket trading Tuesday after J.P. Morgan analyst Harlan Sur defended the stock amid concerns about Lam's shipment outlook. "On overweight-rated Lam Research, we don't disagree that there is some downside risk to estimates in C2H18, but given our recent research efforts, we believe the services business (recurring revenue) that is 25% of their overall business and deferred revenue backlog of $1.1 billion translate to minimal downside in 2H revenues and earnings and continued growth in CY19," Sur wrote.
SANTA CLARA, Calif., June 07, 2018-- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.20 per share payable on the company’ s common stock. ...
Applied Materials (AMAT) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
Gary Dickerson took the helm as Applied Materials Inc’s (NASDAQ:AMAT) CEO and grew market cap to US$52.71B recently. Recognizing whether CEO incentives are aligned with shareholders is a crucial partRead More...
SANTA CLARA, Calif., June 05, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced a breakthrough in materials engineering that accelerates chip performance in the big data and AI era. In the past, classic Moore’s Law scaling of a small number of easy-to-integrate materials simultaneously improved chip performance, power and area/cost (PPAC). Today, materials such as tungsten and copper are no longer scalable beyond the 10nm foundry node because their electrical performance has reached physical limits for transistor contacts and local interconnects.
This morning I attended a most interesting conference on artificial intelligence at the Penn Club in midtown Manhattan. The meeting featured startups, as well as chip-equipment giant Applied Materials (AMAT), and it was hosted by Pierre Ferragu, who recently left his post as tech analyst at Bernstein, to take up a new role covering many areas of tech at New Street Research, a research-only firm with no brokerage business. The question is what kinds of chips will those be?
Applied Materials Inc (NASDAQ:AMAT) has pleased shareholders over the past 10 years, paying out an average dividend of 2.00% annually. The company currently pays out a dividend yield of 1.57%Read More...
Shares of Applied Materials (AMAT) dipped recently on the back of weaker-than-expected guidance after the company reported its second-quarter financial results at the end of last week. However, the chipmaking equipment power posted strong overall results, and the stock looks like a great value at the moment.
Applied Materials (AMAT) shares fell 8.3% to close at $49.51, after hitting an intraday low of $48.53, as analysts were split on target price moves after the company’s sales outlook was lighter than Wall Street expected. For the week, shares of Applied Materials are down 9.7%, the SOX index swung to a weekly loss of 0.4%, and the S&P 500 (^GSPC) finished down 0.5%. Late Thursday, Applied Materials estimated adjusted earnings of $1.13 a share to $1.21 a share for its fiscal third quarter on revenue of $4.33 billion to $4.53 billion, while analysts surveyed by FactSet had expected earnings of $1.16 a share on revenue of $4.53 billion.
The key stock indexes dipped for the week as Walmart, Cisco, Applied Materials earnings disappointed. Small caps and crude oil rallied. Macy's soared, but not its rivals.
The stock market closed mainly lower Friday, as a weak outlook from Applied Materials roiled the semiconductor sector.