Headlines about Cabot Microelectronics Corporation (NASDAQ:CCMP) have been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cabot Microelectronics Corporation earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.5434424146453 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern’s rankings:

Shares of Cabot Microelectronics Corporation (CCMP) traded up $2.98 during trading on Tuesday, reaching $102.73. 244,147 shares of the company’s stock were exchanged, compared to its average volume of 180,461. Cabot Microelectronics Corporation has a 1 year low of $57.97 and a 1 year high of $102.84. 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 firm has a market capitalization of $2,590.00, a price-to-earnings ratio of 27.65 and a beta of 1.43.

Cabot Microelectronics Corporation (NASDAQ:CCMP) last issued its earnings results on Thursday, October 26th. The semiconductor company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.20. The firm had revenue of $136.80 million for the quarter, compared to analyst estimates of $132.18 million. Cabot Microelectronics Corporation had a net margin of 17.10% and a return on equity of 16.27%. The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the business posted $0.91 earnings per share. research analysts expect that Cabot Microelectronics Corporation will post 4.02 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 30th. Stockholders of record on Monday, September 25th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.78%. The ex-dividend date was Friday, September 22nd. Cabot Microelectronics Corporation’s payout ratio is currently 23.67%.

A number of analysts have weighed in on CCMP shares. BidaskClub lowered shares of Cabot Microelectronics Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Zacks Investment Research upgraded shares of Cabot Microelectronics Corporation from a “hold” rating to a “strong-buy” rating and set a $112.00 target price on the stock in a research report on Tuesday, November 7th. Loop Capital raised their target price on shares of Cabot Microelectronics Corporation from $94.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Citigroup Inc. raised their target price on shares of Cabot Microelectronics Corporation from $80.00 to $94.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Finally, Seaport Global Securities started coverage on shares of Cabot Microelectronics Corporation in a research report on Wednesday, September 6th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $99.75.

TRADEMARK VIOLATION WARNING: “Cabot Microelectronics Corporation (CCMP) Given Media Impact Score of 0.18” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/11/21/cabot-microelectronics-corporation-ccmp-given-media-impact-score-of-0-18.html.

In other news, insider Thomas S. Roman sold 2,350 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $99.20, for a total transaction of $233,120.00. Following the completion of the transaction, the insider now owns 10,753 shares of the company’s stock, valued at $1,066,697.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David H. Li sold 10,425 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $98.48, for a total transaction of $1,026,654.00. Following the transaction, the insider now directly owns 83,268 shares of the company’s stock, valued at approximately $8,200,232.64. The disclosure for this sale can be found here. Insiders have sold 58,482 shares of company stock valued at $5,641,938 in the last ninety days. Insiders own 5.50% of the company’s stock.

About Cabot Microelectronics Corporation

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 Corporation (NASDAQ:CCMP)

Receive News & Stock Ratings for Cabot Microelectronics Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabot Microelectronics Corporation and related stocks with our FREE daily email newsletter.