News articles about Cabot Microelectronics (NASDAQ:CCMP) have been trending somewhat positive on Saturday, Accern reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cabot Microelectronics earned a news impact score of 0.25 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 46.6258251217352 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Cabot Microelectronics (CCMP) opened at $95.29 on Friday. Cabot Microelectronics has a 52 week low of $66.88 and a 52 week high of $105.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 5.71 and a current ratio of 6.53. The firm has a market capitalization of $2,396.24, a P/E ratio of 39.87 and a beta of 1.46.

Cabot Microelectronics (NASDAQ:CCMP) last posted its quarterly earnings results on Thursday, January 25th. The semiconductor company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. Cabot Microelectronics had a return on equity of 16.99% and a net margin of 11.74%. The business had revenue of $140.00 million for the quarter, compared to the consensus estimate of $137.90 million. During the same period in the prior year, the business earned $0.92 EPS. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. analysts anticipate that Cabot Microelectronics will post 4.71 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 30th. Stockholders of record on Friday, December 22nd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Thursday, December 21st. Cabot Microelectronics’s dividend payout ratio (DPR) is presently 33.47%.

A number of research analysts recently weighed in on the company. Zacks Investment Research raised Cabot Microelectronics from a “hold” rating to a “buy” rating and set a $114.00 price target on the stock in a research note on Thursday, February 1st. Seaport Global Securities reaffirmed a “buy” rating and set a $112.00 price target on shares of Cabot Microelectronics in a research note on Monday, January 29th. Loop Capital upped their price target on Cabot Microelectronics from $108.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target (up from $110.00) on shares of Cabot Microelectronics in a research note on Friday, January 26th. Finally, BidaskClub raised Cabot Microelectronics from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $110.40.

In other news, insider Thomas S. Roman sold 2,350 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $99.20, for a total value of $233,120.00. Following the completion of the sale, the insider now directly owns 10,753 shares of the company’s stock, valued at $1,066,697.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Yumiko Damashek sold 817 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $97.58, for a total value of $79,722.86. Following the completion of the sale, the vice president now directly owns 30,120 shares of the company’s stock, valued at $2,939,109.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 72,417 shares of company stock valued at $7,217,335. Company insiders own 3.30% of the company’s stock.

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Cabot Microelectronics Company Profile

Cabot Microelectronics Corporation supplies polishing slurries and pads used in the manufacture of integrated circuit (IC) devices within the semiconductor industry, in a process called chemical mechanical planarization (CMP). The Company is engaged in the development, manufacture and sale of CMP consumables.

Insider Buying and Selling by Quarter for Cabot Microelectronics (NASDAQ:CCMP)

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