39.126 -0.06 (-0.16%)
After hours: 4:02PM EDT
|Bid||39.200 x 900|
|Ask||39.210 x 4000|
|Day's range||38.770 - 39.430|
|52-week range||37.390 - 62.400|
|PE ratio (TTM)||12.00|
|Earnings date||15 Nov 2018|
|Forward dividend & yield||0.80 (2.06%)|
|1y target est||62.09|
In this series, we’ll look at the top technology stocks that fell on September 17 and compare them with analysts’ estimates. Cree (CREE), the maker of lighting-class LED (light-emitting diode) and semiconductor products, fell 5.2% on September 17. It seems that Cree has been impacted by the overall weakness in the semiconductor industry.
So far, we’ve seen that Micron (MU) has been positioning itself as a specialized memory solutions maker. However, this is a long-term strategy, and the company has not been able to address investors’ short-term concerns.
Applied Materials (AMAT) closed the most recent trading day at $38.89, moving +1.32% from the previous trading session.
Applied Materials (AMAT) closed at $39.85 in the latest trading session, marking a -1.04% move from the prior day.
Semi stocks are getting knocked off their perch. The once high flying group sank more than 2 percent on Thursday, and the SMH ETF is now down more than 7 percent from 2018 highs.
Semiconductor equipment stocks tumbled on Thursday after memory chip maker Micron Technology and chip gear supplier KLA-Tencor gave cautious statements to already skittish chip investors.
SANTA CLARA, Calif., Sept. 06, 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. ...
Morgan Stanley says the memory chip market's fundamentals are getting worse, citing rising pricing pressure and inventories.
AMAT stock has generated returns of -16.0% since the start of this year. Of the 21 analysts tracking AMAT stock, 18 recommended a “buy,” and three recommended a “hold.” There were no “sell” recommendations on the stock. The average 12-month price target for Applied Materials is $62.09, which indicates that the stock is trading at a discount of 44.0% to analysts’ estimates.
NEW YORK, Sept. 04, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Applied Materials (AMAT) closed the most recent trading day at $43.02, moving -0.19% from the previous trading session.
There's a great divide in the semiconductor space this month. As Advanced Micro Devices has surged to the top of the technology sector, Applied Materials has sunk to the bottom.
Bank of America Merrill Lynch lowers its rating to neutral from buy for Applied Materials shares, predicting the company will suffer from slower industry growth in the coming year.
Investing.com - Materials stocks helped lead the broader market to new highs midday as Wall Street was buoyed by the U.S. and Mexico coming to a bilateral trade deal.
Applied Materials (AMAT) closed at $42.73 in the latest trading session, marking a -0.12% move from the prior day.
SANTA CLARA, Calif., Aug. 24, 2018-- Applied Materials, Inc. announced today that Dan Durn, Senior Vice President and CFO, will participate in a question-and-answer session at the Citi Global Technology ...
Chip equipment company Applied Materials (AMAT) has seen its stock decline by roughly 13% since August 8. Chip equipment companies like Applied Materials are highly reliant on chip company spending. Over the past three years, Applied Materials stock has surged threefold thanks to the upswing in spending by chip companies on the back of soaring demand for chips, particularly memory chips.
What do AMAT’s earnings mean to the semiconductor industry? Applied Materials’ (AMAT) performance is an indicator of the overall semiconductor industry’s outlook, as it supplies chipmakers manufacturing equipment to build new capacity or upgrade semiconductor manufacturing technology. Semiconductor investors were already concerned that the weakness in smartphone demand and new technologies would encourage chipmakers to reduce their equipment purchases. The decline in NAND (negative AND) prices added to these concerns. AMAT’s weaker guidance for fiscal Q4 2018 fueled investors’ concerns that the chip industry’s two-year-long growth trend is beginning to slow.
Despite the carnage in chip stocks, one veteran tech investor says the space is now flush with cheap buys.
Stocks of chip equipment makers are known for big highs and big lows. The companies are hoping that the current lows are as bad as it gets. A big drop came Friday after Applied Materials posted its fiscal third-quarter results, and said the sector would be weak through the end of this year.
Stocks that moved substantially or traded heavily Friday: Nvidia Corp., down $12.62 to $244.82 The chipmaker's profit forecast fell short of Wall Street forecasts. Applied Materials Inc., down $3.66 to ...