Applied Materials, Inc. (AMAT) faced a significant downturn today, with the price dropping to $383.62, a decrease of $-21.23 (-5.25%) from the previous close of $404.86. Trading volume surged to $3.63 million, marking a 51.38% increase compared to the average.
In the latest earnings report released on Wednesday, February 11th, AMAT missed the consensus estimate EPS of 2.19. Further details on revenue and profit margin are pending.
AMAT offers a forward dividend yield of 0.48% with a dividend per share MRQ of 46 cents, showing a year-over-year increase of 15 cents. The trailing twelve months dividend per share stands at $1.84.
The company generated a free cash flow of $1 billion, with no net change in cash. Operating cash flow amounted to $1.69 billion, while capital expenditure stood at -$646 million. Ending cash balance was $7.22 billion.
AMAT reported revenue of $7 billion, resulting in a net income of $2 billion. Earnings per share (EPS) and EPS diluted were $2.55 and $2.54, respectively. The company maintained a strong gross profit margin of 49%.
Key ratios for AMAT include a quick ratio of 1.94, net profit margin of 28.89%, and a price-to-earnings ratio of 31.26. The return on equity is 9.33%, reflecting the company's performance against shareholder equity.
With total assets of $37.64 billion and total liabilities of $15.93 billion, AMAT maintains a robust financial position. Cash and cash equivalents amount to $7.22 billion, supporting liquidity.
This comprehensive overview underscores the challenges and opportunities facing AMAT in the current market environment.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It 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. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.