NASDAQ:CCMP

CMC Materials Stock Forecast, Price & News

$151.25
-2.37 (-1.54 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$149.21
$154.11
50-Day Range
$144.36
$192.98
52-Week Range
$126.53
$198.60
Volume173,876 shs
Average Volume190,636 shs
Market Capitalization$4.42 billion
P/E RatioN/A
Dividend Yield1.20%
Beta1.17
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 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.

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MarketRank

Overall MarketRank

1.67 out of 5 stars

Computer And Technology Sector

274th out of 1,586 stocks

Semiconductors & Related Devices Industry

43rd out of 151 stocks

Analyst Opinion: 2.1Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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CMC Materials (NASDAQ:CCMP) Frequently Asked Questions

Is CMC Materials a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CMC Materials in the last twelve months. There are currently 3 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CMC Materials wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CMC Materials' next earnings date?

CMC Materials is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for CMC Materials
.

How were CMC Materials' earnings last quarter?

CMC Materials, Inc. (NASDAQ:CCMP) issued its quarterly earnings results on Wednesday, May, 5th. The semiconductor company reported $1.71 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.94 by $0.23. The semiconductor company earned $290.53 million during the quarter, compared to the consensus estimate of $298.59 million. CMC Materials had a positive trailing twelve-month return on equity of 20.99% and a negative net margin of 4.16%. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.75 EPS.
View CMC Materials' earnings history
.

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

CMC Materials' stock was trading at $113.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CCMP stock has increased by 33.6% and is now trading at $151.25.
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 Wednesday, June 9th. Shareholders of record on Wednesday, June 23rd will be paid a dividend of $0.46 per share on Friday, July 30th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date is Tuesday, June 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 1.20%. CMC Materials has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong 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 22.66% 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?

10 equities research analysts have issued 12-month price objectives for CMC Materials' shares. Their forecasts range from $140.00 to $180.00. On average, they anticipate CMC Materials' stock price to reach $160.44 in the next twelve months. This suggests a possible upside of 6.1% 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 48, Pay $1.79M) (LinkedIn Profile)
  • Mr. Scott D. Beamer, VP & CFO (Age 50, Pay $769.7k) (LinkedIn Profile)
  • Ms. H. Carol Bernstein, VP, Sec. & Gen. Counsel (Age 61, Pay $740.38k) (LinkedIn Profile)
  • Dr. Daniel D. Woodland, VP & Pres of Electronic Materials (Age 51, Pay $844.27k) (LinkedIn Profile)
  • Dr. Jeffrey Michael Dysard, VP & Pres of Performance Materials (Age 47, Pay $712.95k) (LinkedIn Profile)
  • Ms. Jeanette A. Press, Corp. Controller & Principal Accounting Officer (Age 45)
  • Patrick Flaherty, Head of Investor Relations
  • Ms. Colleen Elizabeth Mumford, VP of Communications & Marketing (Age 45) (LinkedIn Profile)
  • Ms. Eleanor Kate Thorp, VP of HR (Age 46) (LinkedIn Profile)
  • 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.27%), Earnest Partners LLC (5.41%), Neuberger Berman Group LLC (5.31%), JPMorgan Chase & Co. (4.31%), Bessemer Group Inc. (3.98%) and Brown Advisory Inc. (3.73%). 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 Price T Rowe Associates Inc. MD, Vaughan Nelson Investment Management L.P., Ameriprise Financial Inc., Prudential Financial Inc., Lazard Asset Management LLC, Schonfeld Strategic Advisors LLC, JPMorgan Chase & Co., and Amundi Asset Management US Inc.. Company insiders that have sold CMC Materials company stock in the last year include Barbara A Klein, Bernstein H Carol Eckstein, Colleen Elizabeth Mumford, 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 Brown Advisory Inc., Point72 Asset Management L.P., BlackRock Inc., Millennium Management LLC, Neuberger Berman Group LLC, Janus Henderson Group PLC, Earnest Partners LLC, and UBS Group AG.
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 $151.25.

How much money does CMC Materials make?

CMC Materials has a market capitalization of $4.42 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 2,082 workers across the globe.

Does CMC Materials have any subsidiaries?

The following companies are subsidiares of CMC Materials: Cabot Microelectronics B.V., Cabot Microelectronics Global Corporation, Cabot Microelectronics Japan KK, Cabot Microelectronics Singapore Pte. Ltd.(Singapore), Epoch Material, Epoch Material Co. Ltd., FLX Inc., Flowchem Acquisition LLC, Flowchem Export Company, Flowchem Holdings LLC, Flowchem Intermediate Holdings LLC, Flowchem LLC, Hanguk Cabot Microelectronics LLC, KMG Chemicals, KMG Chemicals Inc., KMG Electronic Chemicals Inc., KMG Electronic Chemicals Limited, KMG Electronic Chemicals Luxembourg Holdings S.a.r.l., KMG Electronic Chemicals Pte. Ltd., KMG Electronic Chemicals SAS, KMG FCM Inc., KMG Industrial Lubricants Canada Inc., KMG Italia Srl, KMG Singapore Pte. Ltd., KMG Ultra Pure Chemicals Limited, KMG Ultra Pure Chemicals SAS, KMG Ultra Pure Chemicals SDN BHD, KMG Val-Tex LLC, KMG de Mexico SA de CV, KMG-Bernuth Inc., KMG-Flowchem Inc., MPower Specialty Chemicals LLC, NexPlanar, NexPlanar Corporation, Nihon Cabot Microelectronics KK, QED Technologies, QED Technologies International Inc., Sealweld (USA) Inc., Sealweld Corporation (2003) Inc., and Shanghai Cabot Microelectronics Co. Ltd.China).

When was CMC Materials founded?

CMC Materials was founded in 2000.

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 6/18/2021 by MarketBeat.com Staff
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