Cantor Fitzgerald Predicts AMAT FY2025 Earnings

Applied Materials, Inc. (NASDAQ:AMATFree Report) – Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Applied Materials in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the manufacturing equipment provider will post earnings of $9.47 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $250.00 price objective on the stock. The consensus estimate for Applied Materials’ current full-year earnings is $9.37 per share.

Applied Materials (NASDAQ:AMATGet Free Report) last posted its quarterly earnings data on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.13. The business 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 firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.12 EPS.

Several other equities research analysts have also recently weighed in on AMAT. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Applied Materials from $220.00 to $200.00 and set a “hold” rating for the company in a research note on Friday, November 15th. Needham & Company LLC reduced their price objective on Applied Materials from $240.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Wells Fargo & Company decreased their price objective on Applied Materials from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. KeyCorp raised Applied Materials from a “sector weight” rating to an “overweight” rating and set a $225.00 target price for the company in a research report on Friday, January 17th. Finally, TD Cowen decreased their price target on shares of Applied Materials from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $218.71.

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Applied Materials Trading Up 1.4 %

Shares of AMAT stock opened at $195.51 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.87 and a debt-to-equity ratio of 0.29. Applied Materials has a 1 year low of $158.96 and a 1 year high of $255.89. The firm’s fifty day simple moving average is $173.29 and its 200 day simple moving average is $189.87. The firm has a market capitalization of $159.08 billion, a P/E ratio of 22.71, a price-to-earnings-growth ratio of 1.96 and a beta of 1.53.

Institutional Investors Weigh In On Applied Materials

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Clean Yield Group bought a new stake in shares of Applied Materials during the third quarter valued at approximately $33,000. First PREMIER Bank lifted its holdings in Applied Materials by 326.3% during the 3rd quarter. First PREMIER Bank now owns 162 shares of the manufacturing equipment provider’s stock worth $33,000 after buying an additional 124 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in Applied Materials in the 3rd quarter valued at $37,000. DT Investment Partners LLC increased its stake in shares of Applied Materials by 592.9% in the 3rd quarter. DT Investment Partners LLC now owns 194 shares of the manufacturing equipment provider’s stock valued at $39,000 after buying an additional 166 shares during the period. Finally, City Holding Co. bought a new stake in shares of Applied Materials during the fourth quarter worth $39,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.60 annualized dividend and a yield of 0.82%. Applied Materials’s dividend payout ratio (DPR) is 18.58%.

About Applied Materials

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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.

See Also

Earnings History and Estimates for Applied Materials (NASDAQ:AMAT)

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