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Applied Materials Inc AMAT Stock Quote

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  • Last Close 136.17
  • Sector Technology
  • Industry Semiconductor Equipment & Materials
  • Investment Style Large Blend
  • Day Range 135.75  –  138.31
  • Year Range 71.12  –  155.26
  • Market Cap 113.9108 Bil
  • Volume / Avg 5.3 Mil /  5.7 Mil
  • Price / Sales 4.36
  • Price / Book 7.55
  • Forward Div Yield 0.89%
  • Trailing Div Yield 0.85%

Morningstar‘s Stock Analysis AMAT

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Applied Materials Earnings: Services and Industrial Markets Drove Good Results, but Shares Look Rich

Analyst Note

| William Kerwin |

We maintain our $110 fair value estimate for wide-moat Applied Materials after good fiscal third-quarter results. Sales in the quarter, as well as guidance for the fiscal fourth quarter, exceeded our model, but our long-term forecast is intact. Applied is enjoying good demand for its trailing-edge products, which is helping to offset weakness in the mobile and personal computer markets. Similar to peers like KLA and Lam that have already reported, Applied’s services business is also a good buoy to sales. A severe downcycle in memory chips is still weighing on results, but DRAM sales are faring much better than for flash. All in, we continue to view Applied as well-positioned to capitalize on long-term secular trends toward the Internet of Things, and advances in cutting-edge chips for applications like artificial intelligence, or AI. Nevertheless, we continue to find valuation challenging and see shares as overvalued.

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Key Statistics AMAT

Company Profile AMAT

Business Description

Applied Materials is the world's largest supplier of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect inspection scanning electron microscopes.

3050 Bowers Avenue, P.O. Box 58039
Santa Clara, CA, 95052-8039
Industry Semiconductor Equipment & Materials
Employees 33,000

Related Articles AMAT

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of AMAT’s competitive advantage.

Applied Materials Inc


KLA Corp


Lam Research Corp


Tokyo Electron Ltd

XTKS: 8035
+$0.98 (0.72%) +$4.90 (1.10%) +$8.72 (1.43%) +$480.00 (2.35%)
Market Cap
113.91 Bil61.77 Bil82.04 Bil9.70 Tril
Semiconductor Equipment & Materials Semiconductor Equipment & Materials Semiconductor Equipment & Materials Semiconductor Equipment & Materials

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Applied Materials Inc Stock

Yes. AMAT has a forward dividend yield of 0.94%. See AMAT’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

AMAT’s market cap is 113.91 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

AMAT’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

AMAT’s price/sales is 4.36.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

AMAT’s price/forward earnings is 17.96.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

AMAT’s price/book is 7.55.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See AMAT’s valuation ratios compared to the Market Index.

AMAT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare AMAT’s historical performance against its industry peers and the overall market.