Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.110-2.470 for the period, compared to the consensus estimate of 2.270. The company issued revenue guidance of $6.8 billion-$7.6 billion, compared to the consensus revenue estimate of $7.2 billion. Applied Materials also updated its Q1 guidance to $2.11-2.47 EPS.
Applied Materials Trading Down 9.2 %
AMAT opened at $168.88 on Friday. The company has a market cap of $139.22 billion, a P/E ratio of 18.98, a PEG ratio of 2.24 and a beta of 1.56. The company has a current ratio of 2.86, a quick ratio of 2.09 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average is $190.88 and its 200-day moving average is $206.78. Applied Materials has a 1-year low of $141.94 and a 1-year high of $255.89.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The manufacturing equipment provider reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.10. Applied Materials had a return on equity of 39.99% and a net margin of 27.74%. The company had revenue of $6.78 billion during the quarter, compared to analysts’ expectations of $6.68 billion. During the same period in the prior year, the company earned $1.90 EPS. Applied Materials’s revenue was up 5.5% compared to the same quarter last year. Equities research analysts predict that Applied Materials will post 8.51 earnings per share for the current fiscal year.
Applied Materials Announces Dividend
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on AMAT. Needham & Company LLC cut their price target on shares of Applied Materials from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley decreased their price target on Applied Materials from $185.00 to $179.00 and set an “equal weight” rating for the company in a research note on Friday. Wells Fargo & Company cut their price objective on Applied Materials from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. increased their target price on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Finally, StockNews.com downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, September 14th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.81.
Check Out Our Latest Stock Report on AMAT
About Applied Materials
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.
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