S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NASDAQ:CCMP

CMC Materials (CCMP) Stock Forecast, Price & News

$173.88
-0.52 (-0.30%)
(As of 05/16/2022 04:00 PM ET)
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Today's Range
$173.54
$174.94
50-Day Range
$173.00
$189.62
52-Week Range
$119.19
$197.00
Volume
356,192 shs
Average Volume
352,257 shs
Market Capitalization
$4.97 billion
P/E Ratio
45.52
Dividend Yield
1.05%
Beta
1.14
30 days | 90 days | 365 days | Advanced Chart
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CMC Materials logo

About CMC Materials

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 in two segments, Electronic Materials and Performance Materials. The Electronic Materials segment develops, produces, and sells chemical mechanical planarization (CMP) slurries 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; and develops and manufactures consumable products for cleaning advanced probe cards and test sockets. The Performance Materials segment provides pipeline and industrial materials comprising polymer-based drag-reducing agents for crude oil transmission, valve greases, cleaners and sealants, and related services and equipment; and routine and emergency maintenance services, as well as training services. 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; and 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 incorporated in 1999 and is headquartered in Aurora, Illinois.

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:CCMP
CUSIP
12709P10
Employees
2,200
Year Founded
1999

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$12.11 per share
Book Value
$30.08 per share

Profitability

Net Income
$-68.58 million
Pretax Margin
11.74%

Debt

Price-To-Earnings

Miscellaneous

Free Float
27,924,000
Market Cap
$4.97 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/22 Dividend
3/22/2022
Dividend Payable
4/22/2022
Last Earnings
5/04/2022
Today
5/17/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
9/30/2022

Social Links


MarketRank

Overall MarketRank

2.48 out of 5 stars

Computer And Technology Sector

215th out of 930 stocks

Semiconductors & Related Devices Industry

36th out of 124 stocks

Analyst Opinion: 1.2Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













CMC Materials (NASDAQ:CCMP) Frequently Asked Questions

Is CMC Materials a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CMC Materials in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

When is CMC Materials' next earnings date?

CMC Materials is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for CMC Materials
.

How were CMC Materials' earnings last quarter?

CMC Materials, Inc. (NASDAQ:CCMP) released its quarterly earnings results on Wednesday, May, 4th. The semiconductor company reported $1.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.83 by $0.11. The semiconductor company had revenue of $324.13 million for the quarter, compared to analyst estimates of $312.90 million. CMC Materials had a net margin of 8.85% and a trailing twelve-month return on equity of 23.55%. During the same period in the prior year, the company posted $1.71 earnings per share.
View CMC Materials' earnings history
.

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

CMC Materials announced a quarterly dividend on Wednesday, March 9th. Investors of record on Wednesday, March 23rd will be paid a dividend of $0.46 per share on Friday, April 22nd. This represents a $1.84 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, March 22nd.
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 1.05%. CMC Materials has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of CMC Materials is 48.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMC Materials will have a dividend payout ratio of 22.25% 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?

8 brokers have issued 1-year target prices for CMC Materials' stock. Their forecasts range from $152.00 to $200.00. On average, they anticipate CMC Materials' share price to reach $186.83 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
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 49, Pay $1.41M) (LinkedIn Profile)
  • Ms. H. Carol Bernstein, VP, Sec. & Gen. Counsel (Age 62, Pay $600.01k)
  • Dr. Daniel D. Woodland, VP & Pres of Electronic Materials (Age 52, Pay $701.83k)
  • Dr. Jeffrey Michael Dysard, VP & Pres of Performance Materials (Age 49, Pay $619.94k) (LinkedIn Profile)
  • Ms. Jeanette A. Press, Interim CFO, Corp. Controller & Principal Accounting Officer (Age 46)
  • Patrick Flaherty, Head of Investor Relations
  • Ms. Colleen Elizabeth Mumford, VP of Quality, Marketing & Communications (Age 45)
  • Ms. Eleanor Kate Thorp, VP of HR (Age 48)
  • Ms. Yumiko Damashek, VP (Age 66)
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.

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 (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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.17%), Vanguard Group Inc. (9.72%), State Street Corp (3.11%), Goldman Sachs Group Inc. (2.70%), JPMorgan Chase & Co. (2.54%) and Brown Advisory Inc. (2.47%). Company insiders that own CMC Materials stock include Barbara A Klein, Bernstein H Carol Eckstein, Colleen Elizabeth Mumford, David H Li, Jeffrey Michael Dysard, Susan M Whitney 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 Copeland Capital Management LLC, Brown Advisory Inc., JPMorgan Chase & Co., Royce & Associates LP, Vaughan Nelson Investment Management L.P., Northern Trust Corp, Victory Capital Management Inc., and Mairs & Power Inc.. Company insiders that have sold CMC Materials company stock in the last year include Barbara A Klein, David H Li, Jeffrey Michael Dysard, and Susan M Whitney.
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 purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Goldman Sachs Group Inc., TIG Advisors LLC, Healthcare of Ontario Pension Plan Trust Fund, Omni Event Management Ltd, Canada Pension Plan Investment Board, IndexIQ Advisors LLC, and Picton Mahoney Asset Management.
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 $173.88.

How much money does CMC Materials make?

CMC Materials has a market capitalization of $4.97 billion and generates $1.20 billion in revenue each year. The semiconductor company earns $-68.58 million in net income (profit) each year or $3.82 on an earnings per share basis.

How many employees does CMC Materials have?

CMC Materials employs 2,200 workers across the globe.

Does CMC Materials have any subsidiaries?

The following companies are subsidiares of CMC Materials: CMC Materials Asia Pte. Ltd., CMC Materials B.V., CMC Materials EC Inc., CMC Materials EC Pte. Ltd., CMC Materials France SAS, CMC Materials Global Corporation, CMC Materials Italia SrL, CMC Materials Japan KK, CMC Materials KK, CMC Materials KMG Corporation, CMC Materials Korea LLC, CMC Materials Luxembourg Holdings S.a.r.l., CMC Materials SDN BHD, CMC Materials Sealweld Canada Inc., CMC Materials Singapore Pte. Ltd., CMC Materials Taiwan Co. Ltd., CMC Materials UK Limited, CMC Materials UPC Limited, CMC Materials UPC SAS, Epoch Material, FLX Inc., Flowchem LLC, International Development Test Co. Ltd., International Test Solutions, International Test Solutions Korea Limited, International Test Solutions LLC, KMG Chemicals, KMG Val-Tex LLC, KMG de Mexico SA de CV, KMG-Bernuth Inc., KMG-Flowchem Inc., NexPlanar, NexPlanar Corporation, QED Technologies, QED Technologies International Inc., Sealweld (USA) Inc., Sealweld Corporation (2003) Inc., Shanghai Cabot Microelectronics Co. Ltd., and Suzhou Meice Test Technology Co. Ltd..

When was CMC Materials founded?

CMC Materials was founded in 1999.

What is CMC Materials' official website?

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

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, via email at [email protected], or via fax at 630-499-2666.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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