NASDAQ:CCMPCabot Microelectronics Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cabot Microelectronics Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $150.21 +8.49 (+5.99 %) (As of 05/27/2020 04:00 PM ET) Add Compare Share Today's Range$141.22Now: $150.21▼$150.3450-Day Range$100.17MA: $121.63▼$137.5952-Week Range$85.26Now: $150.21▼$169.13Volume254,000 shsAverage Volume280,403 shsMarket Capitalization$4.37 billionP/E Ratio63.92Dividend Yield1.24%Beta1.22 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Cabot Microelectronics Corp. engages in the development, manufacture, and sale of chemical mechanical planarization consumables products. The firm offers chemical mechanical planarization slurries for polishing many of the conducting, insulating and isolating materials used in integrated circuit devices, and for polishing the disk substrates and magnetic heads used in hard disk drives. It also develops, manufactures and sells chemical mechanical planarization polishing pads, which are used in conjunction with slurries in the chemical mechanical planarization process. The company was founded by William P. Noglows in October 1999 and is headquartered in Aurora, IL.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingCabot Microelectronics has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $140.33, Cabot Microelectronics has a potential downside of 6.6% from its current price of $150.21.Amount of Analyst CoverageCabot Microelectronics has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesCabot Microelectronics has received 358 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCabot Microelectronics has received 431 “underperform” votes. (Add your “underperform” vote.)Community SentimentCabot Microelectronics has received 54.63% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCabot Microelectronics is a leading dividend payer. It pays a dividend yield of 1.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCabot Microelectronics has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cabot Microelectronics is 26.19 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cabot Microelectronics will have a dividend payout ratio of 24.75 % next year. This indicates that Cabot Microelectronics will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cabot Microelectronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $334,654.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Cabot Microelectronics is held by insiders.Percentage Held by Institutions99.25% of the stock of Cabot Microelectronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cabot Microelectronics are expected to grow by 6.12% in the coming year, from $6.70 to $7.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cabot Microelectronics is 63.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Cabot Microelectronics is 63.92, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.72.Price to Book Value per Share RatioCabot Microelectronics has a P/B Ratio of 4.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:CCMP Previous Symbol CUSIP12709P10 CIK1102934 Webwww.cabotcmp.com Phone630-375-6631Debt Debt-to-Equity Ratio0.91 Current Ratio2.06 Quick Ratio1.58Price-To-Earnings Trailing P/E Ratio63.92 Forward P/E Ratio22.42 P/E GrowthN/A Sales & Book Value Annual Sales$1.04 billion Price / Sales4.21 Cash Flow$11.69 per share Price / Cash Flow12.85 Book Value$34.73 per share Price / Book4.33Profitability EPS (Most Recent Fiscal Year)$6.72 Net Income$39.22 million Net Margins6.27% Return on Equity20.36% Return on Assets8.82%Miscellaneous Employees2,047 Outstanding Shares29,063,000Market Cap$4.37 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:CCMP Rates by TradingView 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. Cabot Microelectronics (NASDAQ:CCMP) Frequently Asked Questions How has Cabot Microelectronics' stock been impacted by COVID-19 (Coronavirus)? Cabot Microelectronics' stock was trading at $113.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CCMP stock has increased by 32.7% and is now trading at $150.21. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cabot Microelectronics? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Microelectronics in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cabot Microelectronics. When is Cabot Microelectronics' next earnings date? Cabot Microelectronics is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cabot Microelectronics. How were Cabot Microelectronics' earnings last quarter? Cabot Microelectronics Co. (NASDAQ:CCMP) posted its quarterly earnings results on Wednesday, May, 6th. The semiconductor company reported $1.75 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.70 by $0.05. The semiconductor company earned $284.19 million during the quarter, compared to analyst estimates of $285.93 million. Cabot Microelectronics had a net margin of 6.27% and a return on equity of 20.36%. The company's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.55 EPS. View Cabot Microelectronics' earnings history. How often does Cabot Microelectronics pay dividends? What is the dividend yield for Cabot Microelectronics? Cabot Microelectronics announced a quarterly dividend on Wednesday, March 4th. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.44 per share on Friday, April 24th. This represents a $1.76 annualized dividend and a yield of 1.17%. The ex-dividend date is Monday, March 23rd. This is a positive change from Cabot Microelectronics's previous quarterly dividend of $0.42. View Cabot Microelectronics' dividend history. What price target have analysts set for CCMP? 8 analysts have issued 1 year price objectives for Cabot Microelectronics' shares. Their forecasts range from $97.00 to $170.00. On average, they expect Cabot Microelectronics' share price to reach $140.33 in the next twelve months. This suggests that the stock has a possible downside of 6.6%. View analysts' price targets for Cabot Microelectronics. Has Cabot Microelectronics been receiving favorable news coverage? News coverage about CCMP stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. 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 daily sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutCabot Microelectronics. Are investors shorting Cabot Microelectronics? Cabot Microelectronics saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,230,000 shares, a drop of 8.2% from the April 30th total of 1,340,000 shares. Based on an average daily volume of 305,700 shares, the short-interest ratio is currently 4.0 days. Currently, 4.3% of the shares of the company are short sold. View Cabot Microelectronics' Current Options Chain. Who are some of Cabot Microelectronics' key competitors? Some companies that are related to Cabot Microelectronics include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), Amkor Technology (AMKR), FormFactor (FORM), Nanometrics (ONTO), Axcelis Technologies (ACLS), Photronics (PLAB), Ultra Clean (UCTT) and Xperi (XPER). View all 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 NVIDIA (NVDA), Applied Materials (AMAT), Walt Disney (DIS), AT&T (T), salesforce.com (CRM), CVS Health (CVS), Alibaba Group (BABA), Paypal (PYPL), UnitedHealth Group (UNH) and Cisco Systems (CSCO). Who are Cabot Microelectronics' key executives? Cabot Microelectronics' management team includes the following people: David H. Li, President, Chief Executive Officer & DirectorScott D. Beamer, Chief Financial Officer & Vice PresidentAnanth Naman, Chief Technology Officer & VP-Asia PacificH. Carol Bernstein, Secretary, Vice President & General CounselDaniel D. Woodland, Vice President & President-Electronic Materials What is Cabot Microelectronics' stock symbol? Cabot Microelectronics trades on the NASDAQ under the ticker symbol "CCMP." Who are Cabot Microelectronics' major shareholders? Cabot Microelectronics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.60%), JPMorgan Chase & Co. (4.08%), State Street Corp (3.13%), Bessemer Group Inc. (3.12%), Vaughan Nelson Investment Management L.P. (2.66%) and Eagle Asset Management Inc. (1.88%). 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, Richard Hill and Thomas S Roman. View institutional ownership trends for Cabot Microelectronics. Which major investors are selling Cabot Microelectronics stock? CCMP stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., Morgan Stanley, Morgan Stanley, Ceredex Value Advisors LLC, Principal Financial Group Inc., UBS Group AG, and AQR Capital Management LLC. Company insiders that have sold Cabot Microelectronics company stock in the last year include Barbara A Klein, Bernstein H Carol Eckstein, Daniel D Woodland, David H Li, Jeffrey Michael Dysard, Richard Hill, and Thomas S Roman. View insider buying and selling activity for Cabot Microelectronics. Which major investors are buying Cabot Microelectronics stock? CCMP stock was purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Carillon Tower Advisers Inc., Capital International Investors, Channing Capital Management LLC, Vaughan Nelson Investment Management L.P., Capital World Investors, JPMorgan Chase & Co., and FDx Advisors Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Cabot Microelectronics' stock price today? One share of CCMP stock can currently be purchased for approximately $150.21. How big of a company is Cabot Microelectronics? Cabot Microelectronics has a market capitalization of $4.37 billion and generates $1.04 billion in revenue each year. The semiconductor company earns $39.22 million in net income (profit) each year or $6.72 on an earnings per share basis. Cabot Microelectronics employs 2,047 workers across the globe. What is Cabot Microelectronics' official website? The official website for Cabot Microelectronics is 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] This page was last updated on 5/27/2020 by MarketBeat.com Staff
