View Financial HealthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsCMC Materials 配当と自社株買い配当金 基準チェック /26主要情報1.1%配当利回り2.1%バイバック利回り総株主利回り3.2%将来の配当利回り1.1%配当成長21.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向47%最近の配当と自社株買いの更新Upcoming Dividend • Mar 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 22 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.7%). Lower than average of industry peers (1.4%).Upcoming Dividend • Dec 14Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 28 January 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.1%).Upcoming Dividend • Oct 05Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 05 November 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.3%).Upcoming Dividend • Jun 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 30 July 2021. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (3.4%). In line with average of industry peers (1.3%).Upcoming Dividend • Mar 16Upcoming Dividend of US$0.46 Per ShareWill be paid on the 23rd of April to those who are registered shareholders by the 22nd of March. The trailing yield of 1.1% is below the top quartile of American dividend payers (3.5%), and is lower than industry peers (1.5%).すべての更新を表示Recent updatesReported Earnings • May 05Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: US$1.21 (up from US$5.13 loss in 2Q 2021). Revenue: US$324.1m (up 12% from 2Q 2021). Net income: US$34.6m (up US$184.4m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 2.8%, compared to a 20% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Anne Roby was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 22 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.7%). Lower than average of industry peers (1.4%).Reported Earnings • Feb 04First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: US$0.96 (down from US$1.08 in 1Q 2021). Revenue: US$317.0m (up 10% from 1Q 2021). Net income: US$27.4m (down 13% from 1Q 2021). Profit margin: 8.7% (down from 11% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 3.8%, compared to a 18% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Price Target Changed • Jan 27Price target increased to US$181Up from US$167, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of US$176. The company is forecast to post earnings per share of US$7.40 next year compared to a net loss per share of US$2.35 last year.Recent Insider Transactions Derivative • Dec 30Independent Director exercised options and sold US$3.9m worth of stockOn the 22nd of December, Barbara Klein exercised 28k options at a strike price of around US$35.47 and sold these shares for an average price of US$178 per share. This trade did not impact their existing holding. Since March 2021, Barbara's direct individual holding has increased from 22.86k shares to 23.45k. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Dec 29VP & President of Electronic Materials recently sold US$1.7m worth of stockOn the 20th of December, Daniel Woodland sold around 9k shares on-market at roughly US$184 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Recent Insider Transactions Derivative • Dec 22Interim CFO exercised options to buy US$65k worth of stock.On the 20th of December, Jeanette Press exercised options to buy 347 shares at a strike price of around US$146, costing a total of US$51k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since June 2021, Jeanette's direct individual holding has increased from 305.00 shares to 2.24k. Company insiders have collectively sold US$4.3m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Dec 14Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 28 January 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.1%).Reported Earnings • Nov 12Full year 2021 earnings released: US$2.35 loss per share (vs US$4.90 profit in FY 2020)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: US$1.20b (up 7.5% from FY 2020). Net loss: US$68.6m (down 148% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Seeking Alpha • Oct 22Why CMC Materials Is Still No Bargain Even If It Is Down BigCCMP had some positive news to share in the Q3 report, but it was overshadowed by a number of negatives. Revenue reached a new all-time high, but earnings are under pressure with the arrival of a number of headwinds, including higher inflation. The stock collapsed following the Q3 report, similar to Q2, but that opens up some intriguing possibilities with the stock down big. While long CCMP could pay off in the short term, sustaining a prolonged move higher will be difficult with the way the cards are laid out.Upcoming Dividend • Oct 05Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 05 November 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.3%).Price Target Changed • Aug 06Price target decreased to US$164Down from US$177, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$124. Stock is down 23% over the past year.Reported Earnings • Aug 05Third quarter 2021 earnings released: EPS US$1.15 (vs US$1.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$309.5m (up 13% from 3Q 2020). Net income: US$33.6m (down 2.6% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Seeking Alpha • Jul 26A Big Drop Does Not Automatically Make CMC Materials A BargainThe latest quarterly numbers from CCMP were a big letdown, causing it to lose all its gains for the year and then some. CCMP is still setting quarterly records, but its performance overall is underwhelming when everything is considered. CCMP is expected to benefit from increased production, but that could lead to other challenges down the road. Some see CCMP’s lower price as an opportunity to get in, but others may want to question if they’re really getting a bargain.Upcoming Dividend • Jun 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 30 July 2021. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (3.4%). In line with average of industry peers (1.3%).Reported Earnings • May 07Second quarter 2021 earnings released: US$5.13 loss per share (vs US$1.12 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$290.5m (up 2.2% from 2Q 2020). Net loss: US$149.8m (down US$182.7m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 16Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$6.91 to US$6.21 per share. Revenue forecast steady at US$1.20b. Net income forecast to grow 28% next year vs 44% growth forecast for Semiconductor industry in the US. Consensus price target of US$187 unchanged from last update. Share price was steady at US$190 over the past week.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$197, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Semiconductor industry in the US. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$95.50 per share.Upcoming Dividend • Mar 16Upcoming Dividend of US$0.46 Per ShareWill be paid on the 23rd of April to those who are registered shareholders by the 22nd of March. The trailing yield of 1.1% is below the top quartile of American dividend payers (3.5%), and is lower than industry peers (1.5%).Recent Insider Transactions Derivative • Mar 11President exercised options and sold US$4.0m worth of stockOn the 5th of March, David Li exercised 38k options at a strike price of around US$60.27 and sold these shares for an average price of US$165 per share. This trade did not impact their existing holding. For the year to September 2020, David's total compensation was 14% salary and 86% non-salary (Indicating these sales could comprise a meaningful part of their income for the year). Since June 2020, David's direct individual holding has increased from 56.26k shares to 66.91k. Company insiders have collectively sold US$7.8m more than they bought, via options and on-market transactions in the last 12 months.Is New 90 Day High Low • Feb 25New 90-day high: US$179The company is up 18% from its price of US$151 on 25 November 2020. The American market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$93.83 per share.Price Target Changed • Feb 23Price target raised to US$178Up from US$163, the current price target is an average from 5 analysts. The new target price is 7.7% above the current share price of US$165. As of last close, the stock is up 8.9% over the past year.Major Estimate Revision • Feb 11Analysts increase EPS estimates to US$6.91The 2021 consensus revenue estimate increased from US$1.15b to US$1.20b. The earnings per share estimate also received an upgrade from US$6.21 to US$6.91 for the same period. Net income is expected to grow by 51% next year compared to 42% growth forecast for the Semiconductor industry in the US. The consensus price target increased from US$163 to US$172. Share price is up 6.1% to US$167 over the past week.Is New 90 Day High Low • Feb 09New 90-day high: US$173The company is up 3.0% from its price of US$169 on 10 November 2020. The American market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$94.13 per share.Reported Earnings • Feb 05First quarter 2021 earnings released: EPS US$1.08 (vs US$1.32 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$287.9m (up 1.7% from 1Q 2020). Net income: US$31.5m (down 18% from 1Q 2020). Profit margin: 11% (down from 14% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 3.5%, compared to a 17% growth forecast for the Semiconductor industry in the US.Is New 90 Day High Low • Jan 20New 90-day high: US$173The company is up 14% from its price of US$151 on 21 October 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$104 per share.Recent Insider Transactions • Dec 16VP & President of Performance Materials recently sold US$201k worth of stockOn the 10th of December, Jeffrey Dysard sold around 1k shares on-market at roughly US$147 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.2m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 13VP & President of Performance Materials notifies of intention to sell stockJeffrey Dysard intends to sell roughly 1.37k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of December. If the sale is conducted around the recent share price of US$146, it would amount to US$201k. Since December 2019, Jeffrey's direct individual holding has increased from 4.01k shares to 6.11k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Dec 02Independent Director recently sold US$95k worth of stockOn the 25th of November, Barbara Klein sold around 625 shares on-market at roughly US$152 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.3m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Nov 30Independent Director notifies of intention to sell stockBarbara Klein intends to sell roughly 6.63k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of November. If the sale is conducted around the recent share price of US$152, it would amount to US$1.0m. Since March 2020, Barbara's direct individual holding has decreased from 28.70k shares to 23.49k. Company insiders have collectively sold US$10.0m more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Nov 26Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from US$7.10 to US$6.21. Revenue estimate was approximately flat at US$1.15b. Net income is expected to grow by 21% next year compared to 28% growth forecast for the Semiconductor industry in the US. The consensus price target increased from US$154 to US$155. Share price is up 6.8% to US$151 over the past week.Reported Earnings • Nov 20Full year 2020 earnings released: EPS US$4.90The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.12b (up 7.6% from FY 2019). Net income: US$142.8m (up 264% from FY 2019). Profit margin: 13% (up from 3.8% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 20Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 3.0%, compared to a 16% growth forecast for the Semiconductor industry in the US.Valuation Update With 7 Day Price Move • Nov 14Market pulls back on stock over the past weekAfter last week's 16% share price decline to US$135, the stock is trading at a trailing P/E ratio of 45.9x, down from the previous P/E ratio of 54.4x. This compares to an average P/E of 37x in the Semiconductor industry in the US. Total returns to shareholders over the past three years are 43%.Reported Earnings • Nov 12Full year 2020 earnings released: EPS US$4.90The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.12b (up 7.6% from FY 2019). Net income: US$142.8m (up 264% from FY 2019). Profit margin: 13% (up from 3.8% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 2.7%, compared to a 16% growth forecast for the Semiconductor industry in the US.Is New 90 Day High Low • Nov 12New 90-day high: US$169The company is up 3.0% from its price of US$164 on 14 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$122 per share.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 CCMPが配当金を支払っている期間は 10 年未満です。増加する配当: CCMPの配当金は増加していますが、同社は6年間しか配当金を支払っていません。配当利回り対市場CMC Materials 配当利回り対市場CCMP 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (CCMP)1.1%市場下位25% (US)1.4%市場トップ25% (US)4.3%業界平均 (Semiconductor)0.3%アナリスト予想 (CCMP) (最長3年)1.1%注目すべき配当: CCMPの配当金 ( 1.06% ) はUS市場の配当金支払者の下位 25% ( 1.42% ) と比べると目立ったものではありません。高配当: CCMPの配当金 ( 1.06% ) はUS市場の配当金支払者の上位 25% ( 4.25% ) と比較すると低いです。株主への利益配当収益カバレッジ: CCMPの 配当性向 ( 47.5% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: CCMPは低い 現金配当性向 ( 24.7% ) であるため、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/07/06 16:21終値2022/07/05 00:00収益2022/03/31年間収益2021/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CMC Materials, Inc. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Paretosh MisraBerenbergAmanda ScarnatiCitigroup IncJason UrsanerCJS Securities, Inc.9 その他のアナリストを表示
Upcoming Dividend • Mar 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 22 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.7%). Lower than average of industry peers (1.4%).
Upcoming Dividend • Dec 14Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 28 January 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.1%).
Upcoming Dividend • Oct 05Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 05 November 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.3%).
Upcoming Dividend • Jun 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 30 July 2021. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (3.4%). In line with average of industry peers (1.3%).
Upcoming Dividend • Mar 16Upcoming Dividend of US$0.46 Per ShareWill be paid on the 23rd of April to those who are registered shareholders by the 22nd of March. The trailing yield of 1.1% is below the top quartile of American dividend payers (3.5%), and is lower than industry peers (1.5%).
Reported Earnings • May 05Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: US$1.21 (up from US$5.13 loss in 2Q 2021). Revenue: US$324.1m (up 12% from 2Q 2021). Net income: US$34.6m (up US$184.4m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 28%. Over the next year, revenue is forecast to grow 2.8%, compared to a 20% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Anne Roby was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 22 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.7%). Lower than average of industry peers (1.4%).
Reported Earnings • Feb 04First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: US$0.96 (down from US$1.08 in 1Q 2021). Revenue: US$317.0m (up 10% from 1Q 2021). Net income: US$27.4m (down 13% from 1Q 2021). Profit margin: 8.7% (down from 11% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 3.8%, compared to a 18% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jan 27Price target increased to US$181Up from US$167, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of US$176. The company is forecast to post earnings per share of US$7.40 next year compared to a net loss per share of US$2.35 last year.
Recent Insider Transactions Derivative • Dec 30Independent Director exercised options and sold US$3.9m worth of stockOn the 22nd of December, Barbara Klein exercised 28k options at a strike price of around US$35.47 and sold these shares for an average price of US$178 per share. This trade did not impact their existing holding. Since March 2021, Barbara's direct individual holding has increased from 22.86k shares to 23.45k. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Dec 29VP & President of Electronic Materials recently sold US$1.7m worth of stockOn the 20th of December, Daniel Woodland sold around 9k shares on-market at roughly US$184 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Recent Insider Transactions Derivative • Dec 22Interim CFO exercised options to buy US$65k worth of stock.On the 20th of December, Jeanette Press exercised options to buy 347 shares at a strike price of around US$146, costing a total of US$51k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since June 2021, Jeanette's direct individual holding has increased from 305.00 shares to 2.24k. Company insiders have collectively sold US$4.3m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Dec 14Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 28 January 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.1%).
Reported Earnings • Nov 12Full year 2021 earnings released: US$2.35 loss per share (vs US$4.90 profit in FY 2020)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: US$1.20b (up 7.5% from FY 2020). Net loss: US$68.6m (down 148% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Seeking Alpha • Oct 22Why CMC Materials Is Still No Bargain Even If It Is Down BigCCMP had some positive news to share in the Q3 report, but it was overshadowed by a number of negatives. Revenue reached a new all-time high, but earnings are under pressure with the arrival of a number of headwinds, including higher inflation. The stock collapsed following the Q3 report, similar to Q2, but that opens up some intriguing possibilities with the stock down big. While long CCMP could pay off in the short term, sustaining a prolonged move higher will be difficult with the way the cards are laid out.
Upcoming Dividend • Oct 05Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 12 October 2021. Payment date: 05 November 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.6%). Higher than average of industry peers (1.3%).
Price Target Changed • Aug 06Price target decreased to US$164Down from US$177, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$124. Stock is down 23% over the past year.
Reported Earnings • Aug 05Third quarter 2021 earnings released: EPS US$1.15 (vs US$1.19 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$309.5m (up 13% from 3Q 2020). Net income: US$33.6m (down 2.6% from 3Q 2020). Profit margin: 11% (down from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Seeking Alpha • Jul 26A Big Drop Does Not Automatically Make CMC Materials A BargainThe latest quarterly numbers from CCMP were a big letdown, causing it to lose all its gains for the year and then some. CCMP is still setting quarterly records, but its performance overall is underwhelming when everything is considered. CCMP is expected to benefit from increased production, but that could lead to other challenges down the road. Some see CCMP’s lower price as an opportunity to get in, but others may want to question if they’re really getting a bargain.
Upcoming Dividend • Jun 15Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 22 June 2021. Payment date: 30 July 2021. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (3.4%). In line with average of industry peers (1.3%).
Reported Earnings • May 07Second quarter 2021 earnings released: US$5.13 loss per share (vs US$1.12 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$290.5m (up 2.2% from 2Q 2020). Net loss: US$149.8m (down US$182.7m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 16Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$6.91 to US$6.21 per share. Revenue forecast steady at US$1.20b. Net income forecast to grow 28% next year vs 44% growth forecast for Semiconductor industry in the US. Consensus price target of US$187 unchanged from last update. Share price was steady at US$190 over the past week.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$197, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Semiconductor industry in the US. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$95.50 per share.
Upcoming Dividend • Mar 16Upcoming Dividend of US$0.46 Per ShareWill be paid on the 23rd of April to those who are registered shareholders by the 22nd of March. The trailing yield of 1.1% is below the top quartile of American dividend payers (3.5%), and is lower than industry peers (1.5%).
Recent Insider Transactions Derivative • Mar 11President exercised options and sold US$4.0m worth of stockOn the 5th of March, David Li exercised 38k options at a strike price of around US$60.27 and sold these shares for an average price of US$165 per share. This trade did not impact their existing holding. For the year to September 2020, David's total compensation was 14% salary and 86% non-salary (Indicating these sales could comprise a meaningful part of their income for the year). Since June 2020, David's direct individual holding has increased from 56.26k shares to 66.91k. Company insiders have collectively sold US$7.8m more than they bought, via options and on-market transactions in the last 12 months.
Is New 90 Day High Low • Feb 25New 90-day high: US$179The company is up 18% from its price of US$151 on 25 November 2020. The American market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$93.83 per share.
Price Target Changed • Feb 23Price target raised to US$178Up from US$163, the current price target is an average from 5 analysts. The new target price is 7.7% above the current share price of US$165. As of last close, the stock is up 8.9% over the past year.
Major Estimate Revision • Feb 11Analysts increase EPS estimates to US$6.91The 2021 consensus revenue estimate increased from US$1.15b to US$1.20b. The earnings per share estimate also received an upgrade from US$6.21 to US$6.91 for the same period. Net income is expected to grow by 51% next year compared to 42% growth forecast for the Semiconductor industry in the US. The consensus price target increased from US$163 to US$172. Share price is up 6.1% to US$167 over the past week.
Is New 90 Day High Low • Feb 09New 90-day high: US$173The company is up 3.0% from its price of US$169 on 10 November 2020. The American market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$94.13 per share.
Reported Earnings • Feb 05First quarter 2021 earnings released: EPS US$1.08 (vs US$1.32 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$287.9m (up 1.7% from 1Q 2020). Net income: US$31.5m (down 18% from 1Q 2020). Profit margin: 11% (down from 14% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 05Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 3.5%, compared to a 17% growth forecast for the Semiconductor industry in the US.
Is New 90 Day High Low • Jan 20New 90-day high: US$173The company is up 14% from its price of US$151 on 21 October 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$104 per share.
Recent Insider Transactions • Dec 16VP & President of Performance Materials recently sold US$201k worth of stockOn the 10th of December, Jeffrey Dysard sold around 1k shares on-market at roughly US$147 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.2m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 13VP & President of Performance Materials notifies of intention to sell stockJeffrey Dysard intends to sell roughly 1.37k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of December. If the sale is conducted around the recent share price of US$146, it would amount to US$201k. Since December 2019, Jeffrey's direct individual holding has increased from 4.01k shares to 6.11k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Dec 02Independent Director recently sold US$95k worth of stockOn the 25th of November, Barbara Klein sold around 625 shares on-market at roughly US$152 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.3m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Nov 30Independent Director notifies of intention to sell stockBarbara Klein intends to sell roughly 6.63k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of November. If the sale is conducted around the recent share price of US$152, it would amount to US$1.0m. Since March 2020, Barbara's direct individual holding has decreased from 28.70k shares to 23.49k. Company insiders have collectively sold US$10.0m more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Nov 26Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from US$7.10 to US$6.21. Revenue estimate was approximately flat at US$1.15b. Net income is expected to grow by 21% next year compared to 28% growth forecast for the Semiconductor industry in the US. The consensus price target increased from US$154 to US$155. Share price is up 6.8% to US$151 over the past week.
Reported Earnings • Nov 20Full year 2020 earnings released: EPS US$4.90The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.12b (up 7.6% from FY 2019). Net income: US$142.8m (up 264% from FY 2019). Profit margin: 13% (up from 3.8% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 20Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 3.0%, compared to a 16% growth forecast for the Semiconductor industry in the US.
Valuation Update With 7 Day Price Move • Nov 14Market pulls back on stock over the past weekAfter last week's 16% share price decline to US$135, the stock is trading at a trailing P/E ratio of 45.9x, down from the previous P/E ratio of 54.4x. This compares to an average P/E of 37x in the Semiconductor industry in the US. Total returns to shareholders over the past three years are 43%.
Reported Earnings • Nov 12Full year 2020 earnings released: EPS US$4.90The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.12b (up 7.6% from FY 2019). Net income: US$142.8m (up 264% from FY 2019). Profit margin: 13% (up from 3.8% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Over the next year, revenue is forecast to grow 2.7%, compared to a 16% growth forecast for the Semiconductor industry in the US.
Is New 90 Day High Low • Nov 12New 90-day high: US$169The company is up 3.0% from its price of US$164 on 14 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$122 per share.