NASDAQ:CCMP

CMC Materials Stock Forecast, Price & News

$186.45
+6.91 (+3.85 %)
(As of 04/21/2021 03:38 PM ET)
Add
Compare
Today's Range
$178.66
Now: $186.45
$186.77
50-Day Range
$156.15
MA: $178.02
$196.90
52-Week Range
$104.21
Now: $186.45
$198.60
Volume2,218 shs
Average Volume190,859 shs
Market Capitalization$5.44 billion
P/E Ratio38.60
Dividend Yield0.99%
Beta1.17
CMC Materials, Inc., together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates through two segments, Electronic Materials and Performance Materials. The Electronic Materials segment provides chemical mechanical planarization (CMP) are used for polishing various materials used in IC devices, including tungsten, dielectric materials, copper, tantalum, and aluminum; and various materials that are used in the production of disk substrates and magnetic heads for hard disk drives; and CMP pads which are used in conjunction with slurries in the CMP process. This segment also offers sulfuric, phosphoric, nitric, and hydrofluoric acids, as well as ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents, and various blends of chemicals. The Performance Materials segment engages in pipeline and industrial materials business; provides routine and emergency maintenance services; polymer-based drag-reducing agents for crude oil transmission; and valve greases, cleaners and sealants, and related services and equipment. This segment also offers precision polishing and metrology systems for advanced optics applications; and magneto-rheological polishing fluids, consumables, and spare and replacement parts, as well as optical polishing services and other customer support services. It also engages in the wood treatment business. The company was formerly known as Cabot Microelectronics Corporation and changed its name to CMC Materials, Inc. in October 2020. CMC Materials, Inc. was founded in 1999 and is headquartered in Aurora, Illinois.
CMC Materials logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
Current SymbolNASDAQ:CCMP
CUSIP12709P10
Phone(630) 375-6631
Employees2,100
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Cash Flow$13.73 per share
Book Value$36.97 per share

Profitability

Net Income$142.83 million

Miscellaneous

Market Cap$5.44 billion
Next Earnings Date5/5/2021 (Confirmed)
OptionableOptionable

Headlines

CMC Materials (NASDAQ:CCMP) Shares Gap Down to $185.70
April 21, 2021 |  americanbankingnews.com
CMC Materials (NASDAQ:CCMP) Reaches New 1-Year High at $199.79
April 7, 2021 |  americanbankingnews.com
CMC Materials (NASDAQ:CCMP) Reaches New 1-Year High at $183.39
April 1, 2021 |  americanbankingnews.com
CMC Materials Stock Is Estimated To Be Fairly Valued
April 1, 2021 |  finance.yahoo.com
CMC Materials (NASDAQ:CCMP) Shares Gap Down to $177.48
March 30, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.59 out of 5 stars

Computer And Technology Sector

292nd out of 1,553 stocks

Semiconductors & Related Devices Industry

49th out of 147 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$186.45
+6.91 (+3.85 %)
(As of 04/21/2021 03:38 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CCMP News and Ratings via Email

Sign-up to receive the latest news and ratings for CCMP and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











CMC Materials (NASDAQ:CCMP) Frequently Asked Questions

Is CMC Materials a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CMC Materials in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMC Materials stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCMP, but not buy additional shares or sell existing shares.
View analyst ratings for CMC Materials
or view top-rated stocks.

What stocks does MarketBeat like better than CMC Materials?

Wall Street analysts have given CMC Materials a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CMC Materials wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CMC Materials?

CMC Materials saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 464,900 shares, a drop of 20.6% from the February 28th total of 585,700 shares. Based on an average daily trading volume, of 198,900 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.6% of the shares of the stock are sold short.
View CMC Materials' Short Interest
.

When is CMC Materials' next earnings date?

CMC Materials is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for CMC Materials
.

How can I listen to CMC Materials' earnings call?

CMC Materials will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were CMC Materials' earnings last quarter?

CMC Materials, Inc. (NASDAQ:CCMP) announced its quarterly earnings data on Tuesday, February, 2nd. The semiconductor company reported $1.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.73 by $0.19. The semiconductor company earned $287.86 million during the quarter, compared to analysts' expectations of $278.34 million. CMC Materials had a trailing twelve-month return on equity of 21.30% and a net margin of 12.79%. The company's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.92 EPS.
View CMC Materials' earnings history
.

How has CMC Materials' stock price been impacted by COVID-19 (Coronavirus)?

CMC Materials' stock was trading at $113.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CCMP shares have increased by 64.2% and is now trading at $185.90.
View which stocks have been most impacted by COVID-19
.

How often does CMC Materials pay dividends? What is the dividend yield for CMC Materials?

CMC Materials announced a quarterly dividend on Thursday, March 4th. Shareholders of record on Tuesday, March 23rd will be paid a dividend of $0.46 per share on Friday, April 23rd. This represents a $1.84 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, March 22nd. This is an increase from CMC Materials's previous quarterly dividend of $0.44.
View CMC Materials' dividend history
.

Is CMC Materials a good dividend stock?

CMC Materials pays an annual dividend of $1.84 per share and currently has a dividend yield of 0.99%. CMC Materials has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of CMC Materials is 24.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMC Materials will have a dividend payout ratio of 23.17% next year. This indicates that CMC Materials will be able to sustain or increase its dividend.
View CMC Materials' dividend history.

What price target have analysts set for CCMP?

9 analysts have issued twelve-month price objectives for CMC Materials' stock. Their forecasts range from $140.00 to $170.00. On average, they expect CMC Materials' stock price to reach $155.25 in the next year. This suggests that the stock has a possible downside of 16.5%.
View analysts' price targets for CMC Materials
or view top-rated stocks among Wall Street analysts.

Who are CMC Materials' key executives?

CMC Materials' management team includes the following people:
  • Mr. David H. Li, Pres, CEO & Director (Age 48, Pay $1.79M)
  • Mr. Scott D. Beamer, VP & CFO (Age 50, Pay $769.7k)
  • Ms. H. Carol Bernstein, VP, Sec. & Gen. Counsel (Age 61, Pay $740.38k)
  • Dr. Daniel D. Woodland, VP & Pres of Electronic Materials (Age 51, Pay $844.27k)
  • Dr. Jeffrey Michael Dysard, VP & Pres of Performance Materials (Age 47, Pay $712.95k)
  • Ms. Jeanette A. Press, Corp. Controller & Principal Accounting Officer (Age 45)
  • Ms. Colleen Elizabeth Mumford, VP of Communications & Marketing (Age 45)
  • Ms. Eleanor Kate Thorp, VP of HR (Age 46)
  • Ms. Yumiko Damashek, VP (Age 65)

What is David Li's approval rating as CMC Materials' CEO?

27 employees have rated CMC Materials CEO David Li on Glassdoor.com. David Li has an approval rating of 90% among CMC Materials' employees.

Who are some of CMC Materials' key competitors?

What other stocks do shareholders of CMC Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CMC Materials investors own include NVIDIA (NVDA), Applied Materials (AMAT), PayPal (PYPL), Micron Technology (MU), AbbVie (ABBV), salesforce.com (CRM), Alibaba Group (BABA), AT&T (T), Cisco Systems (CSCO) and CVS Health (CVS).

What is CMC Materials' stock symbol?

CMC Materials trades on the NASDAQ under the ticker symbol "CCMP."

Who are CMC Materials' major shareholders?

CMC Materials' stock is owned by many different institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.13%), OLD Dominion Capital Management Inc. (0.06%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Integrated Investment Consultants LLC (0.01%) and Private Trust Co. NA (0.01%). Company insiders that own CMC Materials stock include Barbara A Klein, Bernstein H Carol Eckstein, Colleen Elizabeth Mumford, Daniel D Woodland, David H Li, Jeffrey Michael Dysard, Richard Hill, Thomas S Roman and William P Noglows.
View institutional ownership trends for CMC Materials
.

Which institutional investors are selling CMC Materials stock?

CCMP stock was sold by a variety of institutional investors in the last quarter, including Private Capital Group LLC, Private Trust Co. NA, Pacer Advisors Inc., OLD Dominion Capital Management Inc., and State of Alaska Department of Revenue. Company insiders that have sold CMC Materials company stock in the last year include Barbara A Klein, Bernstein H Carol Eckstein, Colleen Elizabeth Mumford, Daniel D Woodland, David H Li, Jeffrey Michael Dysard, and William P Noglows.
View insider buying and selling activity for CMC Materials
or view top insider-selling stocks.

Which institutional investors are buying CMC Materials stock?

CCMP stock was acquired by a variety of institutional investors in the last quarter, including American National Bank, Louisiana State Employees Retirement System, First Bank & Trust, Integrated Investment Consultants LLC, Retirement Systems of Alabama, and GPS Wealth Strategies Group LLC.
View insider buying and selling activity for CMC Materials
or or view top insider-buying stocks.

How do I buy shares of CMC Materials?

Shares of CCMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CMC Materials' stock price today?

One share of CCMP stock can currently be purchased for approximately $185.90.

How much money does CMC Materials make?

CMC Materials has a market capitalization of $5.42 billion and generates $1.12 billion in revenue each year. The semiconductor company earns $142.83 million in net income (profit) each year or $7.47 on an earnings per share basis.

How many employees does CMC Materials have?

CMC Materials employs 2,100 workers across the globe.

What is CMC Materials' official website?

The official website for CMC Materials is www.cabotcmp.com.

Where are CMC Materials' headquarters?

CMC Materials is headquartered at 870 NORTH COMMONS DRIVE, AURORA IL, 60504.

How can I contact CMC Materials?

CMC Materials' mailing address is 870 NORTH COMMONS DRIVE, AURORA IL, 60504. The semiconductor company can be reached via phone at (630) 375-6631 or via email at [email protected]


This page was last updated on 4/21/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.