Cowen Reiterates Outperform on Applied Materials (AMAT) Following In-Line 4Q Results

Nomura Sees Applied Materials (AMAT) as a Great Value Name

November 16, 2015 8:01 AM EST

Nomura analyst, Romit Shah, believes investors are preoccupied about how Applied Materials (NASDAQ: AMAT) will respond to Lam Research, and underappreciating an attractive return profile that should improve over the next three years. Today, the company offers 9% FCF yield and mid-teens growth but could grow into double... More

UBS Remains Neutral on Applied Materials (AMAT) Following 3Q Results

November 13, 2015 9:33 AM EST

UBS reiterated a Neutral rating on Applied Materials (NASDAQ: AMAT), and raised the price target to $18.00 (from $15.75), following the company's 3Q earnings report. Applied's Oct-15 results were in-line with its guidance despite its semicap orders being down 28% q/q. A key focus has been gross margin trends and... More

Needham More Cautious than Applied Materials' (AMAT) Management

November 13, 2015 8:00 AM EST

Applied Materials (NASDAQ: AMAT) reported a largely inline F4Q15 (Oct) but provided better than expected F1Q15 (Jan) earnings outlook on good cost control. Management's outlook calls for CY16 WFE to be flat to CY15 based on a recovery in CY2H16. However, Needham & Company... More

After-Hours Movers 11/12: (LPCN) (BUFF) (YUM) (CWEI) Higher; (JWN) (PRTY) (FOSL) (CSCO) Lower (more...)

November 12, 2015 6:36 PM EST

Nordstrom (NYSE: JWN) 20% LOWER; reported Q3 EPS of $0.42, may not compare the analyst estimate of $0.72. (This included a reduction in earnings per diluted share of $0.15, which primarily represented transaction costs associated with the closing of its credit card portfolio sale.) Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.37 billion. The Company said its third quarter performance was below Company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories. Total Company net sales increased 6.6 percent and comparable sales increased... More

Applied Materials (AMAT) Reports In-Line Q4 EPS, Guides Q1 EPS In-Line

November 12, 2015 4:11 PM EST

Applied Materials (NASDAQ: AMAT) reported Q4 EPS of $0.29, in-line with the analyst estimate of $0.29. Revenue for the quarter came in at $2.42 billion versus the consensus estimate of $2.4 billion.

Applied Materials sees Q1 2016 EPS of $0.23-$0.27, versus the consensus of $0.25.

Applied... More

Trading Radar for 11/12: Cisco (CSCO), Viacom (VIAB), Himax (HIMX), Planet Fitness (PLNT), Fossil (FOSL) Report

November 11, 2015 3:47 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 269kContinuing Claims - Street sees 2.155M

Earnings:

500.com Ltd. (NYSE: WBAI) - consensus loss $0.07
AdCare Health Systems (NYSE: ADK) - no Street consensus
Advance Auto Parts (NYSE: AAP) - consensus EPS $2.09
Air Industries Group (NYSE: AIRI) - consensus EPS $0.09
Aldeyra Therapeutics (Nasdaq:... More