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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
The ONLY Way to Play Markets Like These (Ad)pixel
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
The ONLY Way to Play Markets Like These (Ad)pixel
NASDAQ:CCMP

CMC Materials - CCMP Stock Forecast, Price & News

$173.69
0.00 (0.00%)
(As of 08/9/2022)
Add
Compare
Today's Range
$173.69
$173.69
50-Day Range
$172.56
$180.14
52-Week Range
$119.19
$197.00
Volume
4,668 shs
Average Volume
428,462 shs
Market Capitalization
$4.97 billion
P/E Ratio
45.47
Dividend Yield
1.06%
Price Target
$197.25

CMC Materials MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
13.6% Upside
$197.25 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of CMC Materials in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.54%
From $7.55 to $8.27 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Computer And Technology Sector

446th out of 664 stocks

Semiconductors & Related Devices Industry

63rd out of 98 stocks

CCMP stock logo

About CMC Materials (NASDAQ:CCMP) Stock

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.

CMC Materials Stock Performance

Shares of CCMP remained flat at $173.69 during trading hours on Monday. 4,668 shares of the stock were exchanged, compared to its average volume of 428,462. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 45.47 and a beta of 1.09. CMC Materials has a 1 year low of $119.19 and a 1 year high of $197.00. The company has a current ratio of 3.15, a quick ratio of 2.22 and a debt-to-equity ratio of 0.95. The stock has a 50-day moving average of $174.65 and a two-hundred day moving average of $178.68.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of CMC Materials in a research note on Tuesday, August 9th. They set a "buy" rating for the company. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $197.25.

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CCMP Stock News Headlines

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TRICORBRAUN APPOINTS SENIOR LEADERSHIP ROLES
KLA (KLAC) Tops Q3 Earnings and Revenue Estimates
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CMC Materials declares $0.46 dividend
Is CMC Materials (CCMP) A Smart Long-Term Buy?
What 4 Analyst Ratings Have To Say About CMC Materials
CCMP Crosses Above Average Analyst Target
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CCMP Company Calendar

Last Earnings
11/10/2021
Today
8/16/2022
Fiscal Year End
9/30/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$197.25
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$192.00
Forecasted Upside/Downside
+13.6%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$-68,580,000.00
Pretax Margin
11.74%

Debt

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$12.15 per share
Book Value
$30.08 per share

Miscellaneous

Free Float
27,924,000
Market Cap
$4.97 billion
Optionable
Optionable
Beta
1.09

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CCMP Stock - Frequently Asked Questions

Should I buy or sell CMC Materials stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CMC Materials in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CCMP shares. 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 CCMP analyst ratings
or view top-rated stocks.

What is CMC Materials' stock price forecast for 2022?

7 brokerages have issued 12-month target prices for CMC Materials' shares. Their CCMP share price forecasts range from $192.00 to $200.00. On average, they predict the company's share price to reach $197.25 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for CCMP
or view top-rated stocks among Wall Street analysts.

How have CCMP shares performed in 2022?

CMC Materials' stock was trading at $191.69 at the beginning of 2022. Since then, CCMP shares have decreased by 9.4% and is now trading at $173.69.
View the best growth stocks for 2022 here
.

How were CMC Materials' earnings last quarter?

CMC Materials, Inc. (NASDAQ:CCMP) issued its quarterly earnings results on Wednesday, November, 10th. The semiconductor company reported $1.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by $0.17. The semiconductor company had revenue of $311.92 million for the quarter, compared to analysts' expectations of $310.50 million. CMC Materials had a net margin of 8.85% and a trailing twelve-month return on equity of 23.55%. During the same quarter in the previous year, the company earned $1.96 EPS.

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

CMC Materials declared a quarterly dividend on Wednesday, March 9th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Tuesday, March 22nd.
Read our dividend analysis for CCMP
.

Is CMC Materials a good dividend stock?

CMC Materials (NASDAQ:CCMP) pays an annual dividend of $1.84 per share and currently has a dividend yield of 1.06%. The company 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 is 48.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCMP will have a dividend payout ratio of 22.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CCMP.

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

27 employees have rated CMC Materials Chief Executive Officer David Li on Glassdoor.com. David Li has an approval rating of 90% among the company's 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 many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (4.96%), State Street Corp (3.02%), Brown Advisory Inc. (2.49%), Alpine Associates Management Inc. (2.37%), UBS Group AG (2.22%) and Millennium Management LLC (1.81%). Insiders that own company stock include Barbara A Klein, Bernstein H Carol Eckstein, Colleen Elizabeth Mumford, Daniel D Woodland, David H Li, Jeffrey Michael Dysard, Richard Hill, Susan M Whitney, Thomas S Roman and William P Noglows.
View institutional ownership trends
.

How do I buy shares of CMC Materials?

Shares of CCMP stock 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 $173.69.

How much money does CMC Materials make?

CMC Materials (NASDAQ:CCMP) has a market capitalization of $4.97 billion and generates $1.20 billion in revenue each year. The semiconductor company earns $-68,580,000.00 in net income (profit) each year or $3.82 on an earnings per share basis.

How many employees does CMC Materials have?

The company 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..
Read More
When was CMC Materials founded?

CMC Materials was founded in 1999.

How can I contact CMC Materials?

CMC Materials' mailing address is 870 NORTH COMMONS DRIVE, AURORA IL, 60504. The official website for the company is www.cabotcmp.com. The semiconductor company can be reached via phone at (630) 375-6631, via email at investor_relations@cabotcmp.com, or via fax at 630-499-2666.

This page (NASDAQ:CCMP) was last updated on 8/16/2022 by MarketBeat.com Staff

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