How To Earn $500 A Month From Applied Materials Stock Ahead Of Q1 Earnings Report
Portfolio Pulse from Avi Kapoor
Applied Materials, Inc. (AMAT) is set to release its Q1 earnings on Feb. 15, 2024, with analysts expecting earnings of $1.91 per share and revenue of $6.48 billion. Analysts from Cantor Fitzgerald and B. Riley Securities have given AMAT a Neutral and a Buy rating, respectively, with price targets of $180 and $220. The company's Q4 revenue was $6.72 billion, beating estimates. AMAT offers a 0.69% annual dividend yield, equating to a quarterly dividend of 32 cents per share. To earn $500 monthly from dividends, an investment of approximately $872,859 is needed.
February 15, 2024 | 1:33 pm
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Applied Materials is anticipated to report Q1 earnings with expected earnings of $1.91 per share and revenue of $6.48 billion. Analyst ratings vary, with a Neutral from Cantor Fitzgerald and a Buy from B. Riley Securities. The company offers a 0.69% dividend yield.
The anticipation of Q1 earnings and the recent analyst ratings suggest a positive outlook for AMAT. The company's performance, especially with a higher than expected Q4 revenue, indicates potential for stock price growth. The dividend yield, while modest, adds an additional incentive for investors, potentially increasing demand for AMAT shares in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100