NASDAQ:CCMP - Cabot Microelectronics Stock Price, News, & Analysis

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$109.84 -0.81 (-0.73 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$110.65
Today's Range$109.48 - $111.25
52-Week Range$82.24 - $123.76
Volume13,175 shs
Average Volume323,044 shs
Market Capitalization$3.18 billion
P/E Ratio21.01
Dividend Yield1.52%
Beta1.18
Cabot Microelectronics Corporation, together with its subsidiaries, develops, manufactures, and sells polishing slurries and pads used in the manufacture of advanced integrated circuit (IC) devices in the semiconductor industry in chemical mechanical planarization (CMP) process. It provides CMP slurries, which are liquid solutions composed of high-purity deionized water, proprietary chemical additives, and engineered abrasives that chemically and mechanically interact with the surface material of the IC device at an atomic level; and CMP pads that are engineered polymeric materials designed to distribute and transport the slurry to the surface of the wafer and distribute it evenly across the wafer. The company's CMP slurries are used for polishing various materials that conduct electrical signals, including tungsten, copper, tantalum, and aluminum; and various materials that are used in the production of rigid disks and magnetic heads for hard disk drives, as well as used in the dielectric insulating materials that separate conductive layers within logic and memory IC devices. It also designs and produces precision polishing and metrology systems to attain near-perfect shape and surface finish on various optical components, such as mirrors, lenses, and prisms. It serves the producers of logic IC devices or memory IC devices, and providers of IC foundry services directly, as well as through distributors. Cabot Microelectronics Corporation was founded in 1999 and is headquartered in Aurora, Illinois.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Current SymbolNASDAQ:CCMP
CUSIP12709P10
Phone630-375-6631

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$590.12 million
Cash Flow$6.3308 per share
Book Value$26.09 per share

Profitability

Net Income$110.04 million

Miscellaneous

Employees1,219
Market Cap$3.18 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

Cabot Microelectronics (NASDAQ:CCMP) Frequently Asked Questions

What is Cabot Microelectronics' stock symbol?

Cabot Microelectronics trades on the NASDAQ under the ticker symbol "CCMP."

How often does Cabot Microelectronics pay dividends? What is the dividend yield for Cabot Microelectronics?

Cabot Microelectronics announced a quarterly dividend on Wednesday, March 6th. Investors of record on Thursday, March 21st will be paid a dividend of $0.42 per share on Tuesday, April 30th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Wednesday, March 20th. This is a positive change from Cabot Microelectronics's previous quarterly dividend of $0.40. View Cabot Microelectronics' Dividend History.

How were Cabot Microelectronics' earnings last quarter?

Cabot Microelectronics Co. (NASDAQ:CCMP) announced its quarterly earnings data on Wednesday, February, 6th. The semiconductor company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.47. The semiconductor company earned $221.80 million during the quarter, compared to analyst estimates of $217.90 million. Cabot Microelectronics had a return on equity of 21.57% and a net margin of 18.83%. The firm's revenue for the quarter was up 58.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.19 EPS. View Cabot Microelectronics' Earnings History.

When is Cabot Microelectronics' next earnings date?

Cabot Microelectronics is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Cabot Microelectronics.

What price target have analysts set for CCMP?

2 brokerages have issued twelve-month target prices for Cabot Microelectronics' stock. Their forecasts range from $123.00 to $130.00. On average, they anticipate Cabot Microelectronics' stock price to reach $126.50 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Cabot Microelectronics.

What is the consensus analysts' recommendation for Cabot Microelectronics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Microelectronics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cabot Microelectronics.

Has Cabot Microelectronics been receiving favorable news coverage?

Headlines about CCMP stock have trended positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cabot Microelectronics earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near future.

Who are some of Cabot Microelectronics' key competitors?

What other stocks do shareholders of Cabot Microelectronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cabot Microelectronics investors own include Paypal (PYPL), NVIDIA (NVDA), salesforce.com (CRM), Micron Technology (MU), Applied Materials (AMAT), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Starbucks (SBUX), Tesla (TSLA) and Zoetis (ZTS).

Who are Cabot Microelectronics' key executives?

Cabot Microelectronics' management team includes the folowing people:
  • Mr. David H. Li, Pres, CEO & Director (Age 46)
  • Mr. Scott D. Beamer, VP & CFO (Age 48)
  • Ms. H. Carol Bernstein, VP, Sec. & Gen. Counsel (Age 59)
  • Dr. Daniel D. Woodland, VP & Pres of Electronic Materials (Age 49)
  • Mr. Thomas S. Roman, Principal Accounting Officer & Corp. Controller (Age 58)

Who are Cabot Microelectronics' major shareholders?

Cabot Microelectronics' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.42%), Ceredex Value Advisors LLC (3.43%), Dimensional Fund Advisors LP (2.63%), Norges Bank (1.91%), Royce & Associates LP (1.85%) and Eagle Asset Management Inc. (1.85%). Company insiders that own Cabot Microelectronics stock include Ananth Naman, Barbara A Klein, Bernstein H Carol Eckstein, Daniel D Woodland, David H Li, Jeffrey Michael Dysard, Lisa A Polezoes, Richard Hill, Thomas S Roman, William P Noglows, William S Johnson and Yumiko Damashek. View Institutional Ownership Trends for Cabot Microelectronics.

Which institutional investors are selling Cabot Microelectronics stock?

CCMP stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Millennium Management LLC, Robeco Institutional Asset Management B.V., Bahl & Gaynor Inc., United Services Automobile Association, First Trust Advisors LP, Gotham Asset Management LLC and Barclays PLC. Company insiders that have sold Cabot Microelectronics company stock in the last year include Ananth Naman, Barbara A Klein and Jeffrey Michael Dysard. View Insider Buying and Selling for Cabot Microelectronics.

Which institutional investors are buying Cabot Microelectronics stock?

CCMP stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., FMR LLC, SG Americas Securities LLC, Dimensional Fund Advisors LP, Ceredex Value Advisors LLC, Kepos Capital LP and Hsbc Holdings PLC. View Insider Buying and Selling for Cabot Microelectronics.

How do I buy shares of Cabot Microelectronics?

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

What is Cabot Microelectronics' stock price today?

One share of CCMP stock can currently be purchased for approximately $110.51.

How big of a company is Cabot Microelectronics?

Cabot Microelectronics has a market capitalization of $3.20 billion and generates $590.12 million in revenue each year. The semiconductor company earns $110.04 million in net income (profit) each year or $5.22 on an earnings per share basis. Cabot Microelectronics employs 1,219 workers across the globe.

What is Cabot Microelectronics' official website?

The official website for Cabot Microelectronics is http://www.cabotcmp.com.

How can I contact Cabot Microelectronics?

Cabot Microelectronics' 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]


MarketBeat Community Rating for Cabot Microelectronics (NASDAQ CCMP)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  565
MarketBeat's community ratings are surveys of what our community members think about Cabot Microelectronics and other stocks. Vote "Outperform" if you believe CCMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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