Cabot Microelectronics (NASDAQ:CCMP) is scheduled to be releasing its earnings data before the market opens on Thursday, January 25th. Analysts expect Cabot Microelectronics to post earnings of $0.91 per share for the quarter.

Cabot Microelectronics (NASDAQ:CCMP) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.20. The business had revenue of $136.80 million during the quarter, compared to the consensus estimate of $132.18 million. Cabot Microelectronics had a net margin of 17.10% and a return on equity of 16.27%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. On average, analysts expect Cabot Microelectronics to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cabot Microelectronics (CCMP) opened at $100.34 on Thursday. The firm has a market cap of $2,540.00, a PE ratio of 29.69 and a beta of 1.43. Cabot Microelectronics has a 1 year low of $63.09 and a 1 year high of $102.92. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.04 and a quick ratio of 5.25.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 30th. Shareholders of record on Friday, December 22nd will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, December 21st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.80%. Cabot Microelectronics’s dividend payout ratio (DPR) is currently 23.67%.

CCMP has been the subject of several research analyst reports. BidaskClub upgraded shares of Cabot Microelectronics from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Zacks Investment Research upgraded shares of Cabot Microelectronics from a “hold” rating to a “strong-buy” rating and set a $112.00 price target for the company in a research report on Tuesday, November 7th. Loop Capital upped their price target on shares of Cabot Microelectronics from $94.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Finally, Citigroup upped their price target on shares of Cabot Microelectronics from $80.00 to $94.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $99.75.

In other Cabot Microelectronics news, VP Bernstein H. Carol Eckstein sold 905 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $91.94, for a total value of $83,205.70. Following the completion of the sale, the vice president now owns 54,150 shares in the company, valued at approximately $4,978,551. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Yumiko Damashek sold 817 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $97.58, for a total transaction of $79,722.86. Following the completion of the sale, the vice president now owns 30,120 shares of the company’s stock, valued at approximately $2,939,109.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 73,699 shares of company stock valued at $7,111,751. Insiders own 5.50% of the company’s stock.

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About Cabot Microelectronics

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.

Earnings History for Cabot Microelectronics (NASDAQ:CCMP)

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